Twenty High-Impact Entrepreneurs from Argentina, Brazil, Chile and South Africa Join the Endeavor Network

RIO DE JANEIRO, May 10, 2010 (BUSINESS WIRE) -- Endeavor invited twenty High-Impact Entrepreneurs from Argentina, Brazil, Chile and South Africa to join its network at an International Selection Panel held in Rio de Janeiro, Brazil.

Endeavor now supports 506 High-Impact Entrepreneurs from 328 companies in 11 emerging market countries.

These entrepreneurs were selected by top business leaders from the United States, Argentina, Brazil, Chile and Jordan.

"Endeavor's job is to identify the most promising entrepreneurs in emerging markets and help them scale their businesses," said Endeavor Co-founder & CEO Linda Rottenberg. "In Brazil, we selected an impressive array of entrepreneurs running companies that will not only change industries but also create value-added jobs that are necessary for any growing economy. Through our work with High-Impact Entrepreneurs, Endeavor inspires a culture of entrepreneurship in traditionally risk-averse environments, leading to innovation and wealth generation." The International Selection Panel is the culmination of a rigorous multi-step Search & Selection process where top business leaders interview and then offer guidance to entrepreneur candidates. Endeavor provides selected entrepreneurs with customized services from successful business mentors, Fortune 500 consulting firms and top U.S. business schools.

Entrepreneur(s)/Companies selected: Argentina: Keepcon, Conexia Brazil: APPI, Biruta, Enox, Pietra, Gigalink, Portal Educacao Chile: Doggis, Colaboraction Virtual South Africa: Innovent About Endeavor Latest linda-approved language (from MD job description): Established in 1997, Endeavor is the global nonprofit that pioneered the concept of High-Impact Entrepreneurship in emerging markets. Headquartered in New York City, with 10 independently-run country affiliates, the organization transforms the economies of emerging markets by identifying and supporting high-potential entrepreneurs.

In 12 years, Endeavor has screened 20,000+ candidates and selected 506 High-Impact Entrepreneurs from 328 companies. In turn, these entrepreneurs have created over 100,000 high-value jobs and generate more than $3 billion in annual revenues.

Beyond this impact, Endeavor's "mentor capital" support catalyzes a chain reaction in the larger economy--driving investment, creating role models, and fostering the conditions for the next Silicon Valley in Rio, Capetown, Cairo or Jakarta. It is what led Thomas Friedman to hail our model as the "best anti-poverty program of all." SOURCE: Endeavor CONTACT: Endeavor Elmira Bayrasli, +1-212-352-3200 Mobile Phone: +1-646-491-2969 elmira@endeavor.org Copyright Business Wire 2010 -0- KEYWORD: Argentina



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