Powered by the City of Boca Raton Office of Economic Development, Endeavor Miami’s cohort will expand its network of high-impact entrepreneurs and help support the South Florida tech community
Boca Raton, FL – March 28, 2022 – Endeavor Miami, an affiliate of the leading global community of High-Impact Entrepreneurs, Endeavor, is partnering with the City of Boca Raton Office of Economic Development for its second EndeavorLAB cohort of the year, focusing on local entrepreneurs in the city. Applications are now open to entrepreneurs and companies within the Boca Raton city limits who want to participate in the growth program.
EndeavorLAB is a two-month, audience-specific, accelerated growth program designed to support local early-stage companies in establishing their business foundations post-revenue generation. Selection criteria include being based in Florida, with priority given to companies based within the Boca Raton city limits, having product-market-fit and generating between $50K and $500K in annual revenues.
Following in the footsteps of the global Endeavor organization, Endeavor Miami’s goal is to continue uplifting founders throughout the state of Florida. Endeavor’s partnership with the City of Boca Raton Office of Economic Development is an important step in making that goal a reality. Endeavor has previously supported entrepreneurs from across Florida, and is looking forward to connecting with emerging companies in the City of Boca Raton.
“We are extremely happy to partner with the City of Boca Raton Office of Economic Development on this regionally specific program,” said Claudia Duran, Managing Director of Endeavor Miami. “Boca Raton has always been a hotbed for entrepreneurial success with many large-scale companies headquartered in the city.”
“Boca Raton is excited to partner with Endeavor to propel our robust and thriving tech ecosystem. We look forward to working to build on our rich history of innovation and accelerate our exciting future.” Said Scott Singer, Mayor of Boca Raton.
With the development of the first personal computer at IBM in Boca Raton and with companies such as Celsius, VitaCost, Orangetheory Fitness, Misfits Gaming, 4Ocean and Modernizing Medicine all calling Boca Raton home, the South Florida tri-county area, and Boca Raton specifically, has a long history of being a region of strong entrepreneurial roots. Endeavor Miami wants to join the regional movement alongside Florida Atlantic University’s Tech Runway, 1909, Tech Hub South Florida, and NOVA Southeastern University’s Center for Entrepreneurship.
Endeavor Miami and the City of Boca Raton Office of Economic Development hope that this program will be a catalyst for spurring the entrepreneurial spirit that continues to surge across the tri-county region.
For more details on this program and others Endeavor Miami facilitates, please visit https://mailchi.mp/endeavor/endeavorlabprogram.
Since its inception, Endeavor Miami’s Programs have gone on to accelerate 92 companies, which together have generated over $56.3 million in annual revenues, employed 928 people and raised $85.3 million to date. In addition, the Programs hold an approval rate of 94%, consistently deliver over 60 hours of curated content to each company (program dependent) and leverage the expertise of 30+ Endeavor network members for the benefit of participating entrepreneurs.
Endeavor is the leading global community of, by, and for High-Impact Entrepreneurs — those who dream bigger, scale faster, and pay it forward. Driven by our belief that High-Impact Entrepreneurs transform economies, Endeavor is on a mission to build thriving entrepreneurial ecosystems in emerging and underserved markets around the world.
Endeavor creates a Multiplier Effect by inspiring high-growth founders to dream bigger, supporting and investing in them to scale faster, and providing a platform to pay it forward — thereby compounding their individual impact.
To sustain Endeavor’s long-term operations in a mission-aligned way, Endeavor created Endeavor Catalyst — a rules-based, co-investment fund, set up to invest in the same High-Impact Entrepreneurs that Endeavor supports. Today. Endeavor Catalyst is among the world’s top early-stage funders of startups-turned $1B+ companies (“Unicorns”) outside of the U.S. and China. Learn more about Endeavor at https://endeavor.org/.
About Endeavor Miami
The Endeavor Miami affiliate was established in 2013, with the support of the John S. and James L. Knight Foundation as the first U.S. affiliate of Endeavor Global. Endeavor Miami’s entrepreneurs generated close to $340M in revenues and over 3,000 jobs in South Florida in 2020. With the addition of its newest companies, the affiliate currently supports 32 companies and 51 entrepreneurs, such as EveryMundo, EcoSystems, NovoPayment and SellersFunding. Learn more about Endeavor Miami at https://endeavormiami.org/.
About The City of Boca Raton
In the southernmost region of Palm Beach County, Boca Raton is conveniently located between two commercial airports and three international ports. More than half of the corporate headquarters based in Palm Beach County are headquartered in Boca Raton. Home to three universities, research and education is ingrained in the Boca Raton community. Boca Raton offers miles of pristine beaches, 47 parks, a low tax rate, a low crime rate, cultural programs, and a wide variety of shops, restaurants and hotels. Consistently ranked as one of America’s best cities in which to live, work, learn and play, Boca Raton is a city that truly has it all. For information about joining Boca Raton’s corporate community, please visit the Office of Economic Development online at www.BusinessBoca.com.