Endeavor Fund for Innovative Entrepreneurs

If you are an innovative entrepreneur, you might get a chance to work with Endeavor, a US based NGO.

Endeavor (received $10mn from Omidyar Network) selects entrepreneurs based on their innovative ideas (the ones with far reaching impact on the society) and help them connect to VC/PE funds as well as other entrepreneurs.

Entrepreneurs are screened first by a national panel of successful businessmen, and then, if they are short-listed, by an international panel. So far over 18,000 entrepreneurs have been screened but fewer than 400 have been chosen. The aim is to identify those who can succeed on a scale that will make them into national role models, and then provide them with every possible support. But the process is designed to benefit all entrants, by helping them define their visions more clearly. – source

Those selected are mentored and advised by the likes of Warner Music Group chairman & CEO Edgar Bronfman, Burger King non-executive chairman Brian Swette, former eBay CEO Michael Klein, Orascom Telecom’s CEO & chairman Naguib Sawiris, Jubilant Organosys owner Hari Bhartia, ChrysCapital founder Ashish Dhawan and former Citigroup south Asia head Sanjay Nayar. – source

Endeavor is looking for an Indian presence and the board will have Hari Bhartia, Anand Burman (founder Dabur).

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