Boston, Massachusetts – September 12, 2016 – Endeavor selected 34 high-impact entrepreneurs representing 18 companies and 12 countries at its 66th International Selection Panel (ISP). In total, Endeavor now supports 1,336 entrepreneurs leading 839 companies in 25 growth markets around the world. The most recent Endeavor Entrepreneurs were chosen at a panel held from September 7-9 in Boston, Massachusetts. Panelists at the event included top global business leaders and investors who were drawn from Endeavor’s extensive network of mentors and supporters.
The ISP is the culmination of a rigorous multi-step selection process to identify innovative and driven entrepreneurs who are committed to advancing an ecosystem of entrepreneurship. Endeavor would like to thank Global partners EY and Barclays for sponsoring, as well at MIT Sloan School of Management for hosting candidate interview day.
At the event, panelists from around the world interviewed entrepreneur candidates about their businesses, evaluating them on their potential for high-impact growth, and then deliberated on which candidates should be selected to become Endeavor Entrepreneurs. Once selected, Endeavor Entrepreneurs gain access to comprehensive customized services, including introductions to local and international business mentors and volunteers from Fortune 500 consulting firms who will help them address key needs.
Endeavor Entrepreneurs have had a significant track record of creating hundreds of thousands of jobs, generating billions of dollars in revenues, and building sustainable growth models in their home countries.
“The Boston ISP — gathering our network together at events at MIT Sloan and Harvard — was a testament both to the impact Endeavor has made and to the exciting entrepreneurial potential still to be uncovered across the world,” said Endeavor Co-Founder and CEO Linda Rottenberg. “We’re so pleased to welcome a new group of passionate, high-impact innovators to Endeavor.”
Brief description of Endeavor Louisville’s new entrepreneur company, SkuVault, below:
Entrepreneurs: Andy Eastes & Slav Ivanyuk
Description: The first-of-its-kind, cloud-based solution for eCommerce, SkuVault has helped nearly 500 online retail businesses in 86 cities keep track of their stock — what’s on hand, where it is, and when it’s available — to increase efficiency and reduce human error in tracking inventory and order fulfillment. In addition to providing around-the-clock visibility to warehouse operators, the software provides real-time updates to consumers, ensuring that quantities in storage correlate with product listings across various marketplaces and sales channels. Like its clients’ products now, SkuVault’s software is flying off the shelves: Having multiplied its revenues 15x in four years, the company is well on track to exceed US$150 million in revenues and reach 20,000 users in 20 countries by 2020.
For more on SkuVault, please read Insider Louisville’s report here.