Endeavor's ScaleUp Program is designed to guide entrepreneurs through the complexities of business process building, structural placement and refining the business focus of late stage startup entrepreneurs. The scaling process is guided and accelerated sustainably through mentorship by seasoned business leaders and entrepreneurs of Endeavor's high-impact network.
Sponsoring Agency: Endeavor
Type of Fund: Events, Workshops and Conferences
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 06/18/2021
Size of the Fund: Not Available
Endeavor's ScaleUp Program is designed to guide entrepreneurs through the complexities of business process building, structural placement and refining the business focus of late stage startup entrepreneurs. The scaling process is guided and accelerated sustainably through mentorship by seasoned business leaders and entrepreneurs of Endeavor's high-impact network.
The 2021 2nd Cohort is a 6 + 18 months of non-dilutive structured program aimed to supercharge the growth of late stage startup entrepreneurs that aspire to be a high-impact Endeavor Entrepreneur.
Endeavor's ScaleUp Program is designed to guide entrepreneurs through the complexities of business process building, structural placement and refining the business focus of late stage startup entrepreneurs. The scaling process is guided and accelerated sustainably through mentorship by seasoned business leaders and entrepreneurs of Endeavor's high-impact network.
Scaleup Program is a programme where we match you with a mentor who will journey with you for the next 24 months. You are expected to organise meetups with your mentors at least every 2 months based on his/her convenience though the assigned Endeavor account manager, and attend workshops organised by Endeavor for the ScaleUp program (expected to be once every 1 month).
Why ScaleUp Endeavor?
• FIXED MENTOR: Each company will be assigned a fixed mentor that serves as an advisor to their learning and scaling progress throughout the 6+18 months of support.
• WORKSHOPS: Workshop or peer-to-peer learning sessions serve as an added value to the scaling and learning process. The syllabus includes the fundamental business topics: Business Strategy Planning, Unit Economics & Business Metrics, Market Access & Scaling, Data & Digitization, People & Culture, and Fundraising. These are curated based on the needs of the selected companies.
• ROAD-TO-MARKET: Road-to-Market is an ongoing exercise for selected entrepreneurs to showcase their product and services to the affiliated companies in the Endeavor network that have volunteered themselves to test, adopt and potentially be long-term paying customers of these scaleup companies.
Program Goals
• Clear Business Focus, Direction & Scaling Strategy
o Attain clear growth strategy/business goals/execution approach throughout the program.
• 2x Revenue in 24 months
o Average growth of 10% MoM or 120% YoY for the entire cohort.
• $30mil Fundraising Goal
o ScaleUp Endeavor aims to cumulatively achieve a total amount of $30mil raised among selected companies.
Application Criteria
• Annual revenue size between RM 2 million to RM 6 million
• Demonstrated at least an average of 20% YoY revenue growth (2017-2019)
• Founder(s) must own the IP and holds a majority stake in the company
• Majority of operations must be in Malaysia; No trading, franchisee, or licensee of other business
More information at: https://www.endeavormalaysia.org/scaleupendeavortrack
Eligible Countries:
Malaysia
