Issue link: http://endeavor.uberflip.com/i/1058114
B R A ZI L BULGARIA p SC ALE- UP SUM MIT, an annual conference hosted by Endeavor Brazil focused on scale-ups, convened over 1,200 people for a series of mentoring sessions and keynote talks by entrepreneurs, mentors, and other key companies and players in Brazil's entrepre- neurship ecosystem. ENDE AVOR ENTREPRENEUR S donate each year to the Endeavor Brazil Endowment Fund to support the office's goal of long-term sustainabil- ity. This type of donation helped raise more than $4 million for Endeavor Brazil. ENDE AVOR BR A ZIL launched the Scale-Up Endeavor program, an acceleration program which helps budding entrepreneurs grow their businesses and expand their network with entrepreneurs, mentors, and big corporations, over the course of six months. The program's inaugural year proved successful: More than 200 participants scaled their business by an average of 55%, and 87% of newly selected Brazilian Endeavor Entrepreneurs participated in the program beforehand. ENDE AVOR ENTREPRENEUR S Alphonse Voigt, Wagner Ruiz, and João Del Valle of EBANX; Florian Hagenbuch and Mate Pencz of Printi; and Rafael Bottós and Gabriel Mantovani Bottós of Welle Laser, launched an initiative to invest in the next generation of Brazilian entrepreneurs with their personal investment funds. BGM ENU, founded by Endeavor Entrepreneurs Zornitsa Chugreeva and Vladimir Davchev, was acquired by Takeaway.com, the leading online food delivery marketplace in continental Europe, for an enterprise value of €10.5 million. Takeaway.com also announced it will invest an undisclosed sum in Bulgaria to help continue growing the entrepre- neurship ecosystem. BY FAR was named a 2018 top brand by Net-a-Porter, one of the world's largest and most influential online luxury fashion retailers. Founded by Endeavor Entrepreneurs Sabina Gyosheva, Valentina Bezuhanova, and Denitsa Bumbarova, By FAR designs and produces premium leather shoes. The brand is endorsed by fashion main- stays such as Vogue and Glamour, and is worn by celebrities including Demi Moore and Alicia Vikander. ENDE AVOR BULGARIA launched its Dare to Scale series, expanding its services to Varna and Plovdiv. The inaugural events, which centered around the topic of building an active entrepreneurial ecosystem brought together a diverse group of players including local entrepreneurs, business leaders, investors, influ- encers, media, and fellow non-profit organizations. y ENDUROSAT, founded by Endeavor Entrepreneur Raycho Raychev, launched the first Bulgarian nano-satellite in space, a critical step in the compa- ny's mission to transform how data is shared in space. The CubeSat mission called "EnduroSat One" is now onboard the International Space Station. ENTREPRENEURS 210 ENTREPRENEURS 21 COMPANIES 104 COMPANIES 13 FLAG FLAG FOUNDED 2000 FOUNDED 2015 5 1 T H E N E T WO R K