- The funds will be used to launch the first cohort of the accelerated growth program, EndeavorLAB
- For its first cohort, EndeavorLAB will focus on scaling female entrepreneurs in the Miami ecosystem
- The partnership will enable Endeavor Miami to fuel job creation and talent development
July 9th, 2020 – Miami, FL – Today, Endeavor Miami – the first U.S. affiliate of the global organization supporting entrepreneurship – announced that it has partnered with the City of Miami to launch the first cohort of its accelerated growth program, EndeavorLAB. With the joint-objective of supporting female-entrepreneurship and equipping female founders with the right tools and skills to scale their ventures, thus fostering local economic wealth.
Following the approval of the funds by city commissioners on March 2nd, 2020 the city will donate a total of $50,000 this year. The city’s investment is expected to scale-up Miami’s female entrepreneurial community, leveraging Endeavor’s over 20-year experience mentoring scaleups.
“We’re at a critical time for our city, and it is imperative that our economy continues to grow. We chose to partner with Endeavor Miami specifically because of their extensive expertise scaling businesses,” said Francis Suarez, Mayor of the City of Miami. “Ensuring that all entrepreneurs are able to thrive in Miami has been a cornerstone of my administration. We are proud to offer this opportunity to female entrepreneurs.”
EndeavorLAB, a two-month accelerated growth program, reflects Endeavor’s structure as an organization and leverages the knowledge and best-in-class services and tools used to support entrepreneurs in the network. Through EndeavorLAB, Endeavor will support local early-stage companies with a market-tested business model, to accelerate their growth through access to seasoned mentors, workshops and exclusive content. In its first iteration of the program, EndeavorLAB will focus solely on female entrepreneurs.
“We are honored to partner with the City of Miami, which will help us deepen the impact that we have had within our community,” said Claudia Duran, Managing Director of Endeavor Miami. “This partnership with the City of Miami recognizes the importance of fostering entrepreneurship, at all levels, to continue driving the growth of Miami as a key entrepreneurial hub.”
Endeavor Miami worked closely with other ecosystem leaders and partners to look for female entrepreneurs having a tangible impact in Miami, to ensure a wide variety of companies applied to the program. “Endeavor has always been a community effort, so it was important to us that we continue to build on the great work of other ecosystem builders in Miami,” elaborated Andrea Torres, Head of Strategic Partnerships at Endeavor Miami. EndeavorLAB will host its first cohort at CIC Miami, located in downtown Miami. In light of the current situation, the program will launch virtually.
Endeavor Miami will be partnering with Ninety.US to conduct the Diagnostics of the EndeavorLAB companies. The sessions will be led by Juan Damia, Founding Partner of Ninety.US to identify the key challenges to their growth.
EndeavorLAB Cohort One participants:
AEROSENS wants to increase visibility, simplicity and flexibility in the aviation industry by using technology. Throughout the history of business, people use data to make more informed decisions. AEROSENS goal is to develop technology solutions to make the aviation industry more transparent, smarter and cost efficient. Today, they provide solutions that transform the way information about parts, products, equipment and even people is gathered and analyzed.
Approvely provides payment solutions for businesses that operate in high risk environments. Through proprietary software and a partnership with Visa it can reduce fraud and chargebacks by up to 65%.
Entrepreneur: Adrienne McWilliams
BRIDGE allows you to connect to a city and see what’s happening around you. Our platform broadcasts video of businesses, products and experiences in a city, where you can search by map or calendar. It’s like a local channel in your pocket on mobile and the ‘Netflix’ of your city on TV.
Deepblocks aggregates all the math and data around real estate development to optimize real estate investment. Their SaaS software provides a holistic view of real estate development with a user friendly, intuitive interface. Deepblocks platform integrates financial, market and building assumptions, combined with a 3D model to visualize your specific development potential, in real time.
An e-commerce platform to support local artisans, makers, designers, curators and chefs. There will be live virtual marketplaces that we will stage all on the site. The vendor will be live in their e-commerce shop and will be able to interact with customers in real time, post videos, and showcase their wares. No need to leave the “shop to make the purchase, it all happens in each shop. People move from one shop to the next. Vendors will also be able to host their own events as well. They can sell, do demos and workshops etc.
Lean Orb is a biodegradable food packaging company with one big mission – to provide a solution to the problem of plastic pollution. Teir full product line of disposable tableware and catering supplies is made of an agricultural by-product as well as plant roots, grass fibers, and highly sustainable wood. In order to promote the circular economy globally, Lean Orb also helps monitor and measure client’s environmental advancement in plastic reduction.
Lifetime Omics studies the dynamics of people’s system biology in health and disease, and packages that knowledge into omics-based AI screenings and diagnostics for health systems, for employers and for communities of people with a joint health concern. In collaboration with a network of scientists, partner laboratories, and the University of Miami, Lifetime Omics is working on a Phase I NIH project to develop a metagenomics platform to predict disease progression in COVID-19 patients admitted to a hospital. Lifetime Omics is launching a shared laboratory at the Converge Miami, home to Miami’s Cambridge Innovation Center, to run research on genomics, metagenomics, epigenomics and transcriptomics biomarkers related to immune health.
Lifetime Omics was founded in September 2018, and was selected to participate in two renowned Miami accelerators, the Babson WIN Lab, and EndeavorLAB by Endeavor Miami. It also won first prize in the HERImpact competition sponsored by the Ford Motor Company Fund.
Luxe Fete Social
Luxe Fête Social is an in-home dinner party rental experience unlike any other. We’re bringing the art of the dinner party back with ONE click. Luxe Fête Social invites consumers to host the luxurious in-home dinner party of their dreams without the lift of a finger. No set up, no serving, no cooking, no breakdown – leave the hassle to Luxe Fête Social. Hosts may choose one of six crafted stories (table settings) and watch it come alive through the inclusion of a private chef, innovative menus, butler service, designer table settings, fresh florals, centerpiece décor, personalized name cards and menus, a music playlist and conversation starters – all for a price that won’t make you cringe.
Stow Simple is a next-generation, full-service storage company designed to take the pain out of using traditional self-storage. Stow Simple will pick up, store and photo-catalogue items, which can be delivered back with the click of a button. Users can see and access their stuff without ever having to visit a storage facility.
ViewN makes enterprise data actionable for marketers with our insights-driven customer data platform. We work with brands to unlock useful data needed to drive successful customer campaigns. Architected for the new era of data privacy, ViewN keeps customer profiles, performs autonomous segmentation with AI and provides predictive analysis. We deliver real personalization and customer empathy, at scale with synchronized list creation with marketing automation.
Established in 1997, Endeavor is leading the global high-impact entrepreneurship movement to drive economic growth and job creation by selecting, mentoring, and accelerating the best high-impact entrepreneurs around the world. To date, Endeavor has screened more than 60,000 individuals and selected more than 2,000 founders leading over 1,200 scale-up companies. With support from Endeavor’s worldwide mentor network, Endeavor Entrepreneurs have created over 3 million jobs, generate more than $20 billion in revenue each year, and inspire future generations to innovate and take risks, building strong entrepreneurship ecosystems in growth markets. Headquartered in New York City, Endeavor currently operates in 37 growth markets throughout Africa, Asia, Europe, Latin America, the Middle East, and North America.
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