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Endeavor Vision2020

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page 8 RESEARCH SHOWS the best way to drive GDP and job growth is to support companies with potential to scale rapidly. RAISING THE GDP BY 1% SCALEUPS DRIVE THE MOST JOB GROWTH Type of Firm CASE STUDY: MEXICO Average job creation in different types of enterprises: New Micro Firms New Micro Firms 0 100 200 300 449,900 New Small Firms New Small Firms 20,064 New Scaleup Firms that Become Large 225 25 3 85 Number of New Firms Needed to Raise GDP 1% New Scaleup Firms that Become Large Source: Country level economic census data. Source: Mexican business census data.

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