Endeavor

Impact Report 2012

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ENDEAVOR IMPACT REPORT 2011 – 2012 the opportunities, and more and more people are innovating. We have 240 million people in Indonesia, so Endeavor stands to make a huge impact." For many, it is Endeavor's expansion to Greece that surprisingly brings the organization full-circle back to its roots. Once again, Endeavor sees itself launching in a difficult environment where high unemployment, economic chaos, and government corruption have resulted in turmoil. Endeavor has seen it all before. Yet Endeavor's unswerving belief remains, that a select few high- impact entrepreneurs — provided with the right support at the right time — can make an outsized difference. Linda sums up her thoughts with the usual optimism. "It's always at a time of crisis that the best entrepreneurial ideas crop up." PART THREE: LOOKING AHEAD, FROM GIVE-BACK TO CATALYST IN 2009, Endeavor began a quest to diversify funding, with a focus on sustainability. The organization soon narrowed in on two mission-aligned solutions. The first had been occurring organically since Endeavor's founding. A few years after selection, the most successful Endeavor Entrepreneurs began engaging with the network more as mentors than as recipients of services. Wences Casares fielded calls from Endeavor Argentina Entrepreneurs seeking advice and joined the Board of Endeavor Global. (In fact, over the years more than a dozen Endeavor Entrepreneurs have joined the organization's Boards of Directors). Marcos Galperin began speaking regularly at entrepreneurship events. Both began donating financially to the organization. In 2005, Endeavor Brazil named this move- ment "give-back," and began soliciting annual dues and equity commitments from entrepre- neurs. Fernando Fabre, then Endeavor TO EXPLORE THE ENDEAVOR DASHBOARD, CLICK HERE PARTNERSHIP SPOTLIGHT ENDEAVOR + Software giant SAP has a unique commitment to supporting the development of entrepreneurial ecosystems. During the past year, SAP worked with Endeavor Insight to build an interactive dashboard that highlights the power of high-impact entrepreneurs around the world to create jobs and revenue faster than their peers. HIGHLIGHT INVESTOR NETWORK Endeavor launched the Investor Network in 2011. The Investor Network connects Endeavor Entrepreneurs to local and international Venture Capital firms with the ultimate goal of increasing the amount of smart capital available to entrepreneurs in growth markets. 22

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