Bain + Endeavor
Bain is a proud supporter of Endeavor, a global nonprofit that seeks to catalyze long-term economic growth by supporting high-impact entrepreneurs around the world.
We have partnered with Endeavor to develop and implement both its global and country-level strategies. Endeavor currently operates in 19 countries, and its global footprint is growing each year. Through mentorship, strategic advice and access to capital, Endeavor helps entrepreneurs move their companies from start-ups to scale-ups, in the process creating new jobs, revenues and role models. The organization's goal is very ambitious—to add 1% to GDP in the countries in which it operates. Endeavor entrepreneurs also give back to the organization and "pay it forward" by inspiring, mentoring and investing in the next generation of entrepreneurs.
Since 2011, Bain has worked with Endeavor to develop and implement its global growth strategy. Bain helped Endeavor develop a repeatable model with standardized and improved entrepreneur services, clear entrepreneur selection criteria and consistent metrics to track entrepreneur impact and affiliate effectiveness. Over the last three years, Endeavor has doubled its country expansion rate, and demonstrated clear improvement in high-impact metrics—including a 3x increase in average annual revenue growth in Endeavor-supported companies and improvement in entrepreneur advocacy (as measured by Net Promoter Score).
Our partnership also extends beyond pro bono casework in very notable ways, including externship programs, participation in entrepreneur selection panels, active entrepreneur mentorships and collaboration on joint IP. This multifaceted partnership continues to put the complementary skills of our organizations to work to transform local economies and promote sustained economic growth worldwide.