Endeavor Indonesia has launched its Impact Report 2024 in conjunction with the annual Endeavor Annual Celebration Indonesia, highlighting a shift in the global entrepreneurship landscape.

Success metrics are evolving beyond valuation, with increased emphasis on business resilience, ecosystem contribution, and tangible impact.

"From the beginning, Endeavor Indonesia was founded on the belief that high-impact entrepreneurs have the potential to transform the economy and create meaningful jobs," said Jefrey Joe, Co-Chairman of Endeavor Indonesia.

The report shows that in 2024, Endeavor Indonesia screened over 500 companies and selected only eight founders to join its global network of more than 2,900 entrepreneurs across 45 countries.

Connecting Startups with Markets, Mentors, and Capital

Endeavor Indonesia acts as a connector between high-potential founders and strategic resources such as market access, investors, and fellow entrepreneurs.

Support is delivered holistically through mentoring, strategic introductions, and funding via the Endeavor Catalyst initiative.

Indonesia’s digital economy is expected to reach USD 146 billion by 2025, with growth driven by sectors like e-commerce, fintech, health, and agritech. Endeavor-affiliated entrepreneurs are part of this trajectory.

“They continue to bring Indonesia to the world stage,” said Jefrey.

Building a Multiplier Effect Across Southeast Asia

Managing Director Monika Rudijono stressed the importance of collaboration within the entrepreneurial ecosystem.

"At Endeavor, we believe in the power of the multiplier effect in measuring a founder’s success," Monika stated.

The report promotes mutual support across the ecosystem, whether as mentors, investors, or fellow founders.

Endeavor’s regional initiatives also include partnerships with Bank Mandiri, GIZ, UK-Indonesia Tech Hub, and Bank Saqu.

These collaborations aim to strengthen cross-border ties and expand market access for entrepreneurs in Indonesia and Southeast Asia.

PHOTO: LINKEDIN/ENDEAVOR INDONESIA

This article was created with AI assistance.