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
Sakena Yacoobi’s Journey
Last month, Kravis Prize winner Sakena Yacoobi attended a 10th-anniversary gathering of the Global Peace Initiative of Women, where she discussed global issues including peace and reconciliation with religious leaders. According to the National Catholic Reporter, the event in Kenya, “Awakening the Healing Heart: Transforming Communities through Love and Compassion,” was conducted over eight days. Yacoobi shared her thoughts with people including Shomberwa Marina Ntamwenge, president of the Federation of Protestant Women in the Ecumenical Church of Democratic Republic of Congo, and Jessica Okello, general secretary of Pan Africa Christian Women Association. What’s even more fascinating is Yacoobi’s story. The article provided a synopsis of her amazing journey: “Dr. Sakena Yacoobi seemed to exemplify the possibilities of the individual against great odds in the extreme. The 61-year-old from Afghanistan came to the United States as a lone teenager just out of high school in the early 1970s at the encouragement of some U.S. Peace Corps volunteers who, she said, recognized that she had potential and that it would not be fully realized in her home country. … She eventually did a master’s in public health at Loma Linda University, and later completed a doctorate in that field.” In addition: “Along the way, she worked four jobs simultaneously at times to supplement scholarship money and in 1987, after her family escaped during the Soviet invasion of Afghanistan to refugee camps in Iran, she was able to purchase a house in Michigan and sponsored 13 members of her family to the United States. Once they were settled, she took off for the Afghan refugee camps in Pakistan and began collecting the...
mothers2mothers guest blogs for One.org
As one of the Mentor Mothers at mothers2mothers (m2m), our 2012 Kravis Prize awardee, Nozi Samela has an amazing story to share. As she recently blogged for One.org, Nozi described the transforming power of mothers like her who are living with HIV and are providing education and support to HIV-positive pregnant women and new mothers across sub-Saharan Africa through their work at m2m. “Before I came to work for mothers2mothers, I was a client of the program at a clinic in Cape Town, South Africa. When I learned that I was both pregnant and HIV-positive, just sharing my story with a Mentor Mother helped to lift some of the despair and loneliness I felt. When I joined a mothers2mothers support group and learned how to keep my baby free from HIV, I decided that my story was something that I would determine on my own. And when I gave birth to a healthy baby boy, I learned how important my story had become to women who, like me, were looking for a source of hope where there seemed to be none.” Today, Nozi is inspiring other mothers to spread the impact of mothers2mothers by sharing their own stories. Across nearly 600 m2m sites in sub-Saharan Africa, she is part of an effort that encourages women to help others by telling their stories of how the organization helped them overcome the “fear and stigma of HIV, give birth to healthy children and become role models in their communities.” mothers2mothers was established in 2001 to prevent mother-to-child transmission of HIV through the education and support of pregnant women and new mothers...