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Endeavor is the leading global community of influential entrepreneurs, by and for entrepreneurs, launching the Philippine Multiplier Map, how we are reshaping the local business environment and empowering Filipinos. It shows how you have enhanced your enterprising spirit.
Manny Ayala, Managing Director of Endeavor Philippines, said, “The Philippines’ entrepreneurial ecosystem is at an inflection point, with more companies being launched than ever before, more venture capital firms being formed, and more Capital is pouring into the Philippines.
Since its founding in 2014, the community has supported a thriving entrepreneurial environment in emerging and underserved markets around the world, creating economic and employment opportunities wherever it operates. has been developed.
In fact, Endeavor Entrepreneurship will generate over P30 billion in revenue in 2022 alone and create nearly 30,000 jobs. In the Philippines, the community chose his 33 entrepreneurs out of 27 companies, this year he generated $513 million in revenue, and in eight years he has created more than 29,000 jobs.
“As the ecosystem grows, we have also seen the emergence of high-impact entrepreneurs,” he said.
Endeavor believes they will transform the economy given the biggest ideas and the biggest potential to achieve meaningful scale.
In addition, according to Ayala, they also have the ability to “inspire, mentor and invest in the next generation of entrepreneurs to create a far-reaching multiplier effect.”
Dedicated to guiding and motivating the next generation of business-minded people, they reinvest their profits, expertise and time to multiply the positive impact each individual company achieves.
For example, over the past few years, Endeavor mentors in the Philippines have spent over 1,200 hours mentoring entrepreneurs around the world. Some have reached two important milestones along the journey: 1,000+ minute clubs and his 2,000+ minute clubs.
Members of the former include Jaime Augusto Zobel de Ayala, Chairman of Ayala Corp. Injap Sia from Mang Inasal and Double Dragon. Gaby Lopez, honorary chairman of ABS-CBN. The latter appointments include Anton Huang, President of Stores Specialists Inc. David Guerrero, founder of BBDO Guerrero, and Jasen Ko, Chairman of Laborem Inc.
“Endeavor can create a multiplier effect because we inspire high-growth founders to dream big, help and invest to scale faster, and pay for it up front. Because we are committed to providing a platform.
To keep Endeavor running long-term in a mission-aligned manner, the community established Endeavor Catalyst. Endeavor Catalyst is a rules-based co-investment fund designed to invest in the same high-impact entrepreneurs it supports. Today, the company is one of the world’s leading early-stage funders of startups outside the US and China to companies exceeding $1 billion (“unicorns”).
act of kindness
Paying it forward ignited the entrepreneurial spirit of Endeavor Philippines.
“In the Philippines, Endeavor’s entrepreneurs and staff reflect the 3Ms of Magaling, Martino and Mapagbigai,” said Ayala. They are the cream of the crop. They operate with a high level of integrity and are generous. “
Endeavor entrepreneurs, whose ventures have emerged as big bubbles, or companies that have had a measurable multiplier effect in the ecosystem, now serve as key mentors, investors, and advisors to early-stage companies, both nationally and internationally. Plays. Among them are Nix Nolledo, Coins.ph CEO Ron Hose, Lenddo co-founder Richard Eldridge, and Kalibrr co-founder and CEO Paul Rivera.
Meanwhile, the next Endeavor entrepreneurs who have already made their mark and are poised to be the next big bubble in the Philippine startup ecosystem include Kumu co-founders Roland Ros and Rexy Dorado. Great Deals E-Commerce Corp CEO Steve Sy said:
“To me, being an EE (Endeavor Entrepreneur) means playing a bigger role in improving society. We have been able to achieve a lot of great things and it is our duty to guide and give back to others,” said Paolo Hilario of Lay Bare, EE since 2018. Roderick L. Abbado
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