Endeavoring

Endeavor just announced a grant from Citibank to expand its operations into South Africa and Turkey. Their second annual Entrepreneur's Summit is scheduled for May 1 -3 in Miami, Florida. The new President is James Wolfensohn, former head of the World Bank.

Endeavor targets emerging-market countries transitioning from international aid to international investment. It looks for strong macroeconomic conditions that enable entrepreneurship (e.g. stable economic growth and low corruption levels). Endeavor currently operates in Argentina, Brazil, Columbia, India and Mexico.

Technorati Tags: entrepreneur, social entrepreneur