Endeavor launches new program to accelerate the growth of early-stage companies in Boca Raton
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The Miami branch of Endeavor, a global community of high-impact founders, has announced a partnership with the City of Boca Raton’s Office of Economic Development. Endeavor Miami’s second EndeavorLAB cohort of the year will focus on local entrepreneurs from Boca Raton.
Through this two-month accelerated growth program, Boca-based founders will be able to take advantage of Endeavor Miami’s community of founders and experts, while gaining insights on how they can scale their business.
“We are extremely happy to partner with the City of Boca Raton Office of Economic Development on this regionally specific program,” said Claudia Durán, Endeavor Miami’s Managing Director.
“Boca Raton has always been a hotbed for entrepreneurial success with many large-scale companies headquartered in the city,” continued Durán. The Endeavor Miami team also noted that Boca Raton was where IBM developed the first computer and is the headquarters of major companies including Celsius, VitaCost, Orangetheory Fitness, Misfits Gaming, and Modernizing Medicine.
“Boca Raton is excited to partner with Endeavor to propel our robust and thriving tech ecosystem,” commented Scott Singer, Mayor of Boca Raton. “We look forward to working to build on our rich history of innovation and accelerate our exciting future.”
To apply to EndeavorLAB, companies must have product-market fit and must be generating between $50K and $500K in annual revenue. The program is industry agnostic, but Endeavor Miami is looking for companies with solutions that are tech-enabled and not service-based. The deadline to apply is Saturday, May 2nd at 11:59pm ET.
Endeavor Miami’s current EndeavorLAB Clean and Climate Tech cohort.
The program has four stages. Stage 1 is the application phase, in which a select group of potential participants will interview with Endeavor Miami’s staff. Next, companies will go through a diagnostic x-ray to help determine how they can make the most of the program. In stage 3, companies take part in five weeks of group modules and 1-1 mentorship sessions. Finally, participants pitch to a panel of judges – including investors – during a demo day. Along the way, founders will have access to ecosystem guides, digital discounts, and founder resources.
Rebecca Negro Rocha, Junior Manager of Growth Programs at Endeavor Miami, told South Florida Tech Hub that this program will play an important role in coalescing our tri-county region of tech entrepreneurs.
“We think it’s really important to unite our South Florida region when it comes to entrepreneurship, rather than work in silos in each of our counties,” said Rocha. “Since Endeavor is a global organization, we think this will be a great opportunity to show how it is possible to work across county lines and continue building bridges in our ecosystem.”
Endeavor Miami is also running a handful of other programs relevant to South Florida founders. They are collaborating with Dell for Startups on a program for Black-led companies (applications open until Sunday, June 5th at 11:59pm ET). And a cohort of climate tech and clean tech companies, supported by Silicon Valley Bank, is currently in motion, with a demo day scheduled for May 5th.
Are you interested in applying to EndeavorLAB? Learn more by watching a recording of the program’s launch event, read more from Endeavor Miami, or click here to apply.