Endeavor

Endeavor wins Fast Company/Monitor Group 2007 Social Capitalist Award

November 18, 2006

NEW YORK–(BUSINESS WIRE)–Nov. 17, 2006–Endeavor is one of 43 organizations throughout the U.S. to win the 2007 Fast Company/Monitor Group Social Capitalist Award, announced yesterday. Non-profits that combine creativity and ingenuity with business solutions to address the world’s most pressing social problems are honored with this award for pioneering “a better way to do good.” Endeavor is also proud to have been a 2006 finalist and a 2005 winner of this prestigious award.

The winners are featured in Fast Company’s Dec./Jan. 2007 cover story, on newsstands Nov. 21, 2006 – Jan. 16, 2007 and will be recognized at a ceremony in New York City on Jan. 9, 2007.

Rigorous Evaluation

Nominees were evaluated based on an application that included two years of operating and financial data, a statement of mission and objectives, and answers to a survey to assess strategy and activities.

Winners were selected by an independent board. The Monitor Group manages the evaluation process for the awards program and measures each organization’s work in five categories: social impact, entrepreneurship, innovation, aspiration and growth, and sustainability.

“Prior to the Social Capitalist Awards, no ranking process or ‘seal of approval’ existed as an authoritative standard for achievement among social entrepreneurs,” said Mark Fuller, chairman and CEO of Monitor Group. “Our evaluation measures the impact and effectiveness of these non-profits, making it, among other things, an ideal investor’s guide for those who want their charitable dollars to get the highest ‘social’ return possible.”

About Endeavor

Among the root causes of poverty in many parts of the world are the lack of jobs and the lack of social mobility. Since 1997, Endeavor has been the leading supporter of high-impact entrepreneurship in emerging markets. High-impact entrepreneurship creates jobs, generates wealth and contributes to the economic and social development of their countries. Endeavor has offices in Argentina, Brazil, Chile, Colombia, Mexico, South Africa, Turkey and Uruguay and has bold plans for expansion into Asia, Africa and the Middle East.

As of October 2006, Endeavor has supported more than 250 entrepreneurs, created more than 45,000 new jobs and generated approximately US$2 billion in new revenue.

Former World Bank President and Endeavor Global Board Member James D. Wolfensohn says, “Endeavor has played an instrumental role in promoting entrepreneurship as a tool for development. It is a model that should be replicated around the world.”