ENDEAVOR SOUTH AFRICA
Endeavor is making an impact in South Africa. In an economy where unemployment rate has been between 25% and 40% Endeavor's Entrepreneur are generating jobs at a rate of 25% or higher per year.
South Africa emerges as a global innovation hub. New innovations from South African Endeavor Entrepreneurs range from safety gear that change the entire mining industry's safety standards to a biometric security system that prevents fraud in African Banks. Since 2004, Endeavor South Africa has
- Screened more than 450 entrepreneurs
- Selected 30 Endeavor Entrepreneurs and 23 companies
- Created 10,900 jobs
Endeavor South Africa measures itself based on the impact it has on its selected Endeavor Entrepreneurs
High-impact entrepreneurs produce significantly more jobs than the average SME
High-impact entrepreneurs create high-value jobs that are well paid, with benefits
- Endeavor Entrepreneurs on average pay 10 times the minimum wage in their countries. 91% of jobs provide more benefits than those required by law; 86% of our companies provide in-house training.
High-impact entrepreneurs create sustainable jobs
- Endeavor companies have a 96% survival rate after eight years. By contrast, the majority of new firms in emerging markets do not survive more than 42 months.
High-impact entrepreneurs develop innovations that improve quality of life
- Innovation has been proven to lead to increases in the minimum wage and other standards ofliving. New innovations from Endeavor Entrepreneurs range from mining safety gear that changes entire industry's safety standards to a biometric security system that prevents fraud in African banks-saving money for banks and millions of consumers. 81% of Endeavor Entrepreneurs invest in R&D with 50% having secured, or in the process of securing patents.
High-impact entrepreneurs attract investment capital
- 68% of Endeavor Entrepreneurs to receive financing or institutional support are the first in their families or communities to do so, inspiring investors to take new risks and paving the way for others to follow.
High-impact entrepreneurs are role models
- Endeavor Entrepreneurs personally know of 3,500 people who were influenced by them to start businesses. Millions of more citizens have heard the stories of these entrepreneurs in classrooms, conferences, and local media channels. Internationally, Endeavor Entrepreneurs are writing books, being featured on news shows, taking part in politics, and becoming real leaders in their countries and recognized role models around the world.
ENDEAVOR SOUTH AFRICA
Endeavor is making an impact in South Africa. In an economy where unemployment rate has been between 25% and 40% Endeavor's Entrepreneur are generating jobs at a rate of 25% or higher per year.
South Africa emerges as a global innovation hub. New innovations from South African Endeavor Entrepreneurs range from safety gear that change the entire mining industry's safety standards to a biometric security system that prevents fraud in African Banks. Since 2004, Endeavor South Africa has
- Screened more than 450 entrepreneurs
- Selected 30 Endeavor Entrepreneurs and 23 companies
- Created 10,900 jobs
Endeavor South Africa measures itself based on the impact it has on its selected Endeavor Entrepreneurs
High-impact entrepreneurs produce significantly more jobs than the average SME
High-impact entrepreneurs create high-value jobs that are well paid, with benefits
- Endeavor Entrepreneurs on average pay 10 times the minimum wage in their countries. 91% of jobs provide more benefits than those required by law; 86% of our companies provide in-house training.
High-impact entrepreneurs create sustainable jobs
- Endeavor companies have a 96% survival rate after eight years. By contrast, the majority of new firms in emerging markets do not survive more than 42 months.
High-impact entrepreneurs develop innovations that improve quality of life
- Innovation has been proven to lead to increases in the minimum wage and other standards ofliving. New innovations from Endeavor Entrepreneurs range from mining safety gear that changes entire industry's safety standards to a biometric security system that prevents fraud in African banks-saving money for banks and millions of consumers. 81% of Endeavor Entrepreneurs invest in R&D with 50% having secured, or in the process of securing patents.
High-impact entrepreneurs attract investment capital
- 68% of Endeavor Entrepreneurs to receive financing or institutional support are the first in their families or communities to do so, inspiring investors to take new risks and paving the way for others to follow.
High-impact entrepreneurs are role models
- Endeavor Entrepreneurs personally know of 3,500 people who were influenced by them to start businesses. Millions of more citizens have heard the stories of these entrepreneurs in classrooms, conferences, and local media channels. Internationally, Endeavor Entrepreneurs are writing books, being featured on news shows, taking part in politics, and becoming real leaders in their countries and recognized role models around the world.