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Published byJerome McDonald Modified over 8 years ago
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Tel: +961 1 780200 Fax: +961 1 780206 P.O. Box 113-6194 Hamra, Beirut 1103 2100 Lebanon Contact: Ms. Eva Dirany eva.dirany@iktissad.com eva.dirany@iktissad.com Mr. Tarek Sadi Managing Director Endeavor Lebanon Lebanon Economic Forum Session IV – Supporting SMEs and Entrepreneurs
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An Introduction to Endeavor Endeavor Overview: The Role of High-Impact Entrepreneurs
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Our Mission
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Our Results
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Today in 17 countries with 10 more by 2015
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Identifying High-Impact Entrepreneurs in the small and medium enterprise (SME) space
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Our programs address the challenges entrepreneurs face around the world to provide access to
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So, does it work? COMPANYKEY METRICSTHE ENDEAVOR EFFECT AirTies (Turkey) Provides wireless solutions for residential and small business markets 466% growth in revenue and 473% growth in jobs since selection Facilitated strategic partnerships in Egypt and Greece Helped AirTies secure major financing from angel investors Linked entrepreneur to Inc. Magazine, which subsequently wrote an extensive feature on the company Patagon (Argentina) Argentina’s first online broker 27,000% growth in revenue and 9,275% growth in jobs since 1998 selection Patagon needed US$100K in financing and was turned down by 30 investors; through Endeavor connections, the company attracted US$4 million One year later, the entrepreneur sold a majority stake in Patagon to Banco Santander at a US$750 million valuation. Spoleto (Brazil) High-end fast food franchise 6,039% growth in revenue and 3,221% growth in jobs since 2003 selection eMBA helped with expansion strategy; Spoleto now has 250 branches in Brazil, 23 in Mexico, and 3 in Spain Has received tens of hours of mentoring on issues ranging from ownership restructuring, operations, and legal issues Jeeran (Jordan) Local reviews website 8 million unique visitors a month Endeavor took Jeeran to Silicon Valley where they met David McClure, the founder of 500 Startups 9 months later, 500 Startups invested in Jeeran, marking its first investment in the MENA region
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What does this mean for Lebanon? Endeavor Analysis: Regression based on OECD data and definitions
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The End Game: The Multiplier Effect Buenos Aires Tech Network Amman Tech Network Istanbul Tech Network
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