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About Endeavor

Founded in 1997, Endeavor fosters economic growth in countries worldwide by selecting, mentoring, and accelerating high-impact entrepreneurs. Endeavor’s entrepreneurs lead fast-growing businesses that generate jobs in Latin America, the Middle East, Asia, Africa, Europe, and North America. Endeavor provides its entrepreneurs with a network of seasoned business leaders who provide key ingredients to entrepreneurial success: mentorship, networks, strategic advice, and inspiration. Over the past 17 years, Endeavor Entrepreneurs have created more than 400,000 high quality jobs, directly reaching more than two million people across the world. Endeavor has achieved tangible results, with individuals working for Endeavor companies doubling their income over baseline or previous jobs, and Endeavor companies growing revenue 2.4 times faster than comparable firms over three years.

Current Operations of Endeavor

Endeavor is dedicated to high-impact entrepreneurship. Its main operations focus on identifying and supporting the continued growth of a select group of entrepreneurs, creating jobs, and adding revenues to foster entrepreneurship in those societies. Endeavor currently works in 21 countries across the world. In recent years, Endeavor’s operations have expanded into several countries; Endeavor launched in Indonesia, Saudi Arabia, and Greece in 2012, Miami (US), Malaysia, and Morocco in 2013, and Peru and Spain in 2014.In 2011, Endeavor launched Endeavor Catalyst, a passive co-investment pool that uses donated funds to support Endeavor Entrepreneurs’ professional funding rounds and to provide funding for Endeavor’s growth and financial sustainability. Endeavor Catalyst has raised approximately $15 million to date and has made its first nine investments.

Approach and Distinguishing Features

Endeavor is an organization of, by, and for entrepreneurs. Endeavor believes that entrepreneurship is vital to economic growth and job creation, and recognizes the reality that entrepreneurs in growth markets face obstacles that inhibit successful scaling of businesses, such as limited management expertise, lack of role models, contacts, investors, etc. To this end, Endeavor provides immense support to rising entrepreneurs and acts as a springboard to catalyze their success with business establishment and job creation. Over 80% of Endeavor’s entrepreneurs give back to their local affiliates and commit to mentoring the next generation of entrepreneurs.

Endeavor’s entrepreneurs lead fast-growing, typically for-profit businesses that generate jobs and create revenues in growth markets. Endeavor looks for businesses with the potential to scale and become world-class ventures and industry leaders. Endeavor is distinct from many other organizations in its focus on high-growth, high-impact, for-profit companies that can scale. Academic research demonstrates that high-impact entrepreneurs generate a disproportionate number of jobs over other entrepreneurs.

2015 Kravis Prize

Endeavor

Endeavor fosters economic advancement in growth markets by launching high-impact entrepreneurs.

FAST FACTS

400,000+

high-quality jobs created by Endeavor companies

2 million

people impacted directly by Endeavor companies

97%

of Endeavor companies are still in operation, compared to most entrepreneurial ventures in the same markets, which close within 42 months

Right To Play reaches one million children

by | Apr 15, 2013 | CMC, Education, Johann Olav Koss, Kravis Prize, Right 2 Play

In 2008, when Johann Olav Koss’s organization Right To Play set a goal to reach one million children weekly, the number was still a distant dream. This month, in the buildup to this week’s award ceremony for the Henry R. Kravis Prize in Leadership, Right To Play has announced that this is a dream no longer: The organization has finally achieved that milestone. Right To Play, which works to teach life skills to urban youth around the world through games and sports, has grown significantly in the decade since its founding. In addition to reaching one million children (of which 49% are girls), as of 2012 the organization can boast that: Over 13,500 local volunteers serve as Right to Play Coaches, of which 56% are female. These coaches not only lead the local programs, but also serve as mentors for the children they work with Right To Play now includes 6,300 Junior Leaders, some as young as eight, who serve as role models for their peers 10,300 children with disabilities now participate in Right To Play’s programs in over 20 countries So what’s next for the organization? Right To Play hopes to reach two million children weekly by 2017. KRAVIS PRIZE CEREMONY AND RELATED EVENTS: This week: This year’s Kravis Prize winner Johann Olav Koss presents a CMC lunchtime lecture This week: Kravis Prize presents the “Global Leaders Forum”  event ALSO RELATED: Where’s Right To Play headed next? The United States CMC Breaking News: The Henry R. Kravis Prize in Leadership for 2013 Awarded to Johann Olav Koss Celebrity support for mothers2mothers and Pratham...

FAWE students tackle the issue of good governance in Rwanda

by | Apr 11, 2013 | Community Development, Education, FAWE, Kravis Prize

Who can solve the problems facing under-developed communities in Africa? FAWE girls! 2008 Kravis Prize Winner FAWE is teaching African girls not only to improve their own lives, but also the lives of all of those around them. And the work has paid off: A team of students from FAWE’s Girls School in Rwanda just won a debate on good governance in Rwanda. The high school debate, run by the Rwanda Governance Board, was centered on the question of whether the “private sector has contributed more than the public sector in the economic development of less developed countries.” The Deputy Director General of the Rwanda Governance Board, Fatuma Ndagiza, complimented the quality of the debaters, saying that the candidates spoke “with confidence and clarity. They provided rich ideas and documented on key sectors of the country’s development.” FAWE isn’t the only Kravis Prize winner to have an impact on international education: Pratham USA was recently awarded a Social Impact award in the category of “International Contribution to India” from the Times of India. The organization was acknowledged for its work to improve the quality of education in India. RELATED: FAWE: Gender is My Agenda (GIMAC) Summit Escuela Nueva: Learning Guides in Action Egypt: Soraya Salti puts her money on Egypt’s youth...

15.6% or 38.57%? Pratham disputes Indian government’s education figures

by | Apr 10, 2013 | Kravis Prize, Landesa, Pratham, Roy Prosterman

Every Indian citizen has a “right to education,” but are they receiving it? Despite attempts  by the government to improve education in the Indian province of Uttar Pradesh, this year’s Annual Status of Education Report (ASER), published by 2010 Kravis Prize recipient Pratham, has revealed that the state is falling short on the implementation of its Right To Education (RTE) program. According to Pratham’s report, only 15.6% of schools have achieved a pupil-teacher ratio that meets the RTE requirements. The central government had reported that 38.57% of schools have achieved the proper ratio.  The Times of India reports that other experts, adding to Pratham’s quantitative evaluation of RTE, say that: “RTE has boosted enrollment in schools, but the learning outcomes are still very low. “The focus is on infrastructure issues like building, enrollment, teacher-student ratio, mid-day meals but focus on education, a child’s ability to read, write and learn is not visible,” said a primary school teacher.” Until that imbalance is addressed, the efforts of Pratham as well as Roy Prosterman’s organization Landesa will remain crucial to improving the quality of life in India, especially in areas like Uttar Pradesh. RELATED: “Where’s Right To Play Headed Next? The United States” “Celebrity support for mothers2mothers and Pratham events” “A garden makes a difference: Seattle Times spotlights Landesa’s work with young Indian...