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What is Endeavor’s selection criteria?

Five times a year, Endeavor selects the next class of entrepreneurs at International Selection Panels (ISPs), where business leaders interview candidates before deciding whether or not these candidates become Endeavor Entrepreneurs. The ISP is the culmination of an interactive process during which candidates are exposed to Endeavor’s network of leading business mentors who analyse their businesses and provide valuable insights while assessing whether the entrepreneur and his/her business is a good fit with Endeavor and has the potential to scale and have a positive impact on the local economy.

Endeavor’s selection criteria are based on the understanding that Endeavor’s model caters only for scale-ups with particular characteristics.

 

criteria for an entrep bus   criteria for an entrep end

    • It has a minimum annual turnover of R10 million.
    • It is founder led.
    • It has a proven track record.
    • It is a unique business. The entrepreneur owns the Intellectual Property for the products, model or service of the business. It cannot easily be replicated. It is not a “me-too business”, such as a consultancy or agency.
    • It has the potential to grow exponentially.
    • It has successfully raised the capital it needed to get to this point.
    • It is scalable, in other words the business has the potential to grow and become a market leader.
    • It has a business model that is repeatable in any country/region.
  He or she:
    • Is ambitious and wants the business to become a market leader.
    • Embodies the qualities of a local and global role model.
    • Is open to feedback and mentorship.
    • Humble and committed to paying it forward.
    • Mature enough to appreciate the power of Endeavor’s Global network.
     

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