Issue link: http://endeavor.uberflip.com/i/632613
18 Impact Report 2014 Multiply This network map of Bogotá's tech sector illustrates how the number of companies, their influence, and the ecosystem as a whole have grown. Circles represent companies and their founders. Connections can exist between founders (mentorship, inspiration), a founder and a company (investment), or can represent a founder moving to a new company (former employee, founder). As companies and their founders become more connected, more arrows flow outwards and the circle grows. Endeavor company Endeavor-connected Mentorship Inspiration Investment Founder Circle size reflects the number of outgoing connections at each company. When successful entrepreneurs reinvest in their local networks, their impact multiplies. Endeavor prepares its entrepreneurs to take on a wider role within their ecosystems — in fact, %90 of Endeavor Entrepreneurs serve as angel investors, mentor other entrepreneurs, or actively promote high-impact entrepreneurship by giving speeches and appearing in media coverage. In 2011, Endeavor Insight began measuring the strength of entrepreneurship communities around the world by analyzing the connections between local entrepreneurs. When Endeavor Insight studied the technology sector in Bogotá, Colombia — interviewing more than 200 local tech entrepreneurs, they found a dense network of connections among companies. In total, 319 instances of mentorship, inspiration, and investment among entrepreneurs helped to drive the growth of approximately 150 new companies between 2007 and 2013. Companies in this sector generated 6,000 jobs for the city's economy. Mapping Bogotá's Tech Sector