Issue link: http://endeavor.uberflip.com/i/772917
page 84 A brief history of Endeavor Catalyst. Endeavor, a 501(c)(3) nonprofit organization, was co-founded by Linda Rottenberg and Peter Kellner to drive economic development and job creation worldwide by supporting high-impact entrepreneurs. Endeavor pioneered its high-impact entrepreneurship model, screening and selecting Endeavor Entrepreneurs from around the world and provided critical, mentorship support services to accelerate their journey from start-up to scale-up. Importantly, Endeavor aided entrepreneurs with capital raising, but did not invest in them financially. Endeavor launched Endeavor Catalyst Philanthropy, a rules-based passive co- investment fund composed of donated capital, to explore the possibility of investing directly in Endeavor Entrepreneurs for the first time. Endeavor Catalyst Philanthropy made six initial investments and proved that: 1) A rules-based fund could work, 2) Endeavor Entrepreneurs were enthusiastic about the added service, and 3) Lead investors were willing to make room for Endeavor. 2012– MID-2013 2012 1997–2011 1997 With the fund model gaining traction across all stakeholders, and with requests to invest rather than donate capital, Endeavor launched Endeavor Catalyst I LP, a $35MM fund with Endeavor Catalyst Philanthropy as the General Partner. As of September 2016, Endeavor Catalyst has made 40 investments across 15 countries alongside top- tier venture capital funds, and has a robust and active investment pipeline. Given the breadth of investment opportunities in our growing network of Endeavor Entrepreneurs, and corresponding investment pace, we are now launching Endeavor Catalyst II, a target $100MM Fund. MID-2013– PRESENT MID-2016 MID-2013