Endeavor Selects Twenty-Nine High-Impact Entrepreneurs from Latin America and Honors Rupert Murdoch as Entrepreneur of the Year

NEW YORK--(BUSINESS WIRE)--Endeavor will honor News Corps Chairman & CEO Rupert Murdoch as Entrepreneur of the Year at its annual gala this Thursday, November 13 in New York.

“These entrepreneurs represent the high-impact potential necessary to jumpstart economic growth throughout emerging markets world-wide and transform their cultures”

Last week Endeavor invited 29 high-impact entrepreneurs from 14 companies spanning Argentina, Brazil, Chile, Mexico and Uruguay to join its network at an International Selection Panel in Buenos Aires, Argentina.

These entrepreneurs represent companies operating in fields ranging from specialty teas produced in Argentina, wireless communication developed in Chile, and fashion accessories tailored to Brazilian tastes.

Endeavor reached an important milestone at this Selection Panel by selecting its 400^th Endeavor Entrepreneur. Endeavor now supports 409 Endeavor Entrepreneurs from 266 companies, spanning 11 countries worldwide, including Egypt, India, Jordan, South Africa and Turkey.

“These entrepreneurs represent the high-impact potential necessary to jumpstart economic growth throughout emerging markets world-wide and transform their cultures,” said Endeavor Co-founder & CEO Linda Rottenberg.

Endeavor’s International Selection Panel is the culmination of a rigorous Search & Selection process in which candidate companies are considered for their innovation, potential for growth and ability to serve as a role model.

Endeavor provides selected entrepreneurs with customized services including high-level business mentors, consultants from Fortune 500 firms as well as top business school talent. The goal is to help these entrepreneurs scale their businesses and reach their high-impact potential.

About Endeavor

Endeavor breaks down barriers that prevent emerging-market entrepreneurs from reaching their high-impact potential. Hailed by NYT columnist Thomas Friedman as the "mentor capitalist" model, Endeavor identifies entrepreneurs leading high-growth innovative companies in emerging markets. These entrepreneurs are given world-class strategic advice, access to key networks and other tools that will catapult them to success. With Endeavor's guidance they become “high-impact” – expanding employment, generating wealth and inspiring others to innovate. Often overlooked, these local entrepreneurs are now jumpstarting private sector development in their countries.

As of 2007, Endeavor Entrepreneurs throughout Latin America, South Africa and Turkey have created over 86,000 new jobs and generated over $2.51 billion in revenues. For more information, visit www.endeavor.org or follow us on http://twitter.com/endeavor_global.