Three Bulgarian Entrepreneurs to Join Endeavor Network
The international entrepreneurial network Endeavor selected three new entrepreneurs from Bulgaria at its 75th International Selection Panel (ISP). Part of the Global network now are Zornitsa Chugreeva, executive director of HelloHungry – the largest platform for food delivery in Bulgaria (BG Menu) and Romania (Oliviera) together with Vladimir Davchev, founder and majority owner of HelloHungry. The third winner is Raycho Raychev, founder and executive director of EnduroSat, which designs, builds and deploys nano-satellites for orbital missions and exploring the Solar System.
The international entrepreneurial network selected a total of 25 entrepreneurs from 16 companies in 11 countries around the world. They will all gain access to the expertise of 3,000 experts and leaders around the world and will have access to a number of services to help create a growth strategy and business process improvement. In addition to mentors, the selected entrepreneurs will also have access to specially designed consulting programs from EY, Stanford Graduate School, Harvard Business School, etc.
For the first time Endeavor’s selection panel took place in Central and Eastern Europe and Sofia has been chosen to be the first host-country in the region. According to Linda Rottenberg, Co-founder and Director of Endeavor Global, over the past few years, Bulgaria has demonstrated a significant progress in entrepreneurship and fully displays the potential of the region. The New York-based non-governmental international organization opened its office in Sofia in September, 2015, with the technology company Chaos Group being the first Bulgarian company selected to join the international network. The main focus of the organization is to support scale-ups – promising and fast-growing businesses that already need access to new markets, talents, mentors, contacts and investments that will help them achieve further growth.
The three new entrepreneurs selected at this year’s selection panel will join 1,563 businessmen from 978 companies in 30 countries that Endeavor supports. Selection panels by region are the final result of a long entrepreneur selection process. The selection includes a series of interviews aimed at assessing the leadership skills, vision and motivation of participants to participate actively in the entrepreneurial ecosystem. The potential of their companies for further growth is also assessed. The Bulgarian office of the network has 11 other previous applications of leaders from 8 Bulgarian companies – Chaos Group, Titan Gate, MClimate, MyMall, Browswave, Biodit, Electrosphere and SoftGroup.
