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Good practice Imported

Endeavor Colombia — Scaling High-Impact Entrepreneurs from Bogotá

Colombia · Bogotá · See the Colombia profile · See the Bogotá profile

Evidence: Descriptive / self-reported Top 83% 52/100 · Ask Evidence Copilot about this practice

Since 2006, Endeavor Colombia has selected already-growing 'high-impact entrepreneurs' in Bogotá via a six-step mentor-panel process. Its 2024 cohort of 45 firms reported ~US$2bn revenue and ~23,000 jobs — figures self-reported by Endeavor, echoed but not audited by the press.

45
Active portfolio companies (2024)
~2 USD billion
Combined portfolio revenue (2024)
23,000-24,000
Formal jobs (2024)
5 USD billion+
Cumulative capital raised (over 7 years)
Endeavor Colombia — Scaling High-Impact Entrepreneurs from Bogotá

Details

Maturity
Established
Promoter
Endeavor Colombia
Period
2006–present
Keywords
entrepreneurship, scale-up support, mentorship, venture capital

Context

Endeavor Colombia, the Bogotá chapter of the global Endeavor network, was established locally in 2006 and targets companies already scaling rather than early-stage startups.

Activities

Selection runs through a six-step process - network sourcing, readiness interview, diagnostic, mentor review, local panel and a final international panel - after which entrepreneurs join a permanent network with a dedicated account manager and access to Endeavor Catalyst co-investment.

Results

For 2024, Endeavor Colombia reported 45 active companies with roughly US$2 billion in combined revenue and 23,000-24,000 formal jobs, and over US$5 billion in cumulative capital raised across seven years.

Conclusions

All impact figures originate from Endeavor's own self-reported data; because Endeavor deliberately selects firms already outperforming, the growth gap it reports against GDP likely overstates what its support alone caused.

Implementation
Indicative cost
Medium (€50k–€500k)
Time to results
Long (> 3 years)
Staffing & skills
100+ mentors, dedicated account managers

Conditions for success

  • access to the Endeavor Catalyst co-investment vehicle
  • international mentor panel selection

Common failure modes

  • self-reported figures not independently audited
  • survivorship/selection bias in growth comparisons

Commonly funded by

Philanthropic / foundation funding

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

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Data sources

Where this practice's information was retrieved from, and when.

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