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Endeavor Lebanon Impact Report (2014–2015)

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0 10 20 30 40 50 60 70 80 90 100% Total number of firms surveyed Total number of jobs created in previous three years Source: Endeavor Insight Other firms Scale-Ups THE IMPACT OF SCALE-UPS ON JOB CREATION IN LEBANON IS SIGNIFICANT. RESULTS SHOW THAT SCALE- UPS, REPRESENTING 12% OF FIRMS IN LEBANON, GENERATED 51% OF THE JOBS CREATED IN A THREE YEAR PERIOD. As the research above has shown, a small number of high-growth companies has a massive impact on the economy. Endeavor's mission is to identify and support entrepreneurs who create scalable businesses as ultimately these High-Impact Entrepreneurs are the key to long- term economic growth and job creation. In 2013, Endeavor companies generated $6.8 billion and created more than 400,000 jobs globally. Endeavor Entrepreneurs' impact goes beyond human and financial capital. They lead innovative firms that provide the marketplace with groundbreaking products and services. They are cited as role models in their home countries and abroad, inspiring many would-be entrepreneurs to follow the same path. Endeavor found that 90% of its entrepreneurs were involved in their ecosystem as mentors or investors, or by giving speeches and appearing in media coverage, thus contributing to, and multiplying, the organization's impact. IMPACT REPORT 2014 – 2015 11

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