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Home»Entrepreneur»Endeavor Miami Announces New Latinx Collective to Empower Underrepresented Entrepreneurs
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Endeavor Miami Announces New Latinx Collective to Empower Underrepresented Entrepreneurs

The Elite Times TeamBy The Elite Times TeamFebruary 24, 2024No Comments4 Mins Read
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As part of an important move to foster diversity and innovation within the startup ecosystem, Endeavor Miami proudly announces the introduction of its newest EndeavorLAB Latinx cohort. This initiative, supported by JPMorgan Chase and in partnership with DELL for Startups, is a testament to Miami’s evolving position as a global cradle of innovation, especially for the Latinx community.

The EndeavorLAB program is uniquely designed to support underrepresented entrepreneurs in Florida, including Black, Latinx, and women founders. These groups often face disproportionate challenges in securing funding and accessing the resources they need to grow. EndeavorLAB aims to bridge this gap by providing a nurturing environment of community, knowledge, and support to help these entrepreneurs thrive despite adversity.

This year’s cohort consists of 10 startups led by 20 co-founders from across Latin America, including Venezuela, Colombia, Mexico, Peru, Argentina, Chile, and Brazil. These startups span a variety of industries, including enterprise SaaS, fintech, consumer technology, CPG, and logistics, demonstrating the diverse and scalable potential in the Latino entrepreneurial community. Remarkably, these companies will generate more than $2.5 million in combined revenue for him in 2023, and on the back of an impressive $18 million in external funding, he will earn $10 million in 2024. It is predicted that it will exceed.

The two-month program offers a flexible and structured curriculum that fits founders’ busy schedules and requires just four hours of commitment per week. This approach allows participants to continue building business momentum while benefiting from the program’s resources.

Endeavor Miami Managing Director Claudia Duran expressed her excitement for the collective, highlighting the ambition and innovation of the selected startups. She believes this collective not only highlights the potential within the community and broader Latinx entrepreneurial ecosystem, but also aligns with Endeavor Her Miami’s mission to foster their growth and impact. .

The addition of a Latino cohort this year is a milestone for Endeavor Miami and a ray of hope for underrepresented founders in South Florida. This highlights the organization’s commitment to fostering more inclusive, diverse and competitive entrepreneurship. As these startups embark on his EndeavorLAB journey, their success stories are poised to inspire the next generation of entrepreneurs, and with the right support and community, the possibilities are endless. is shown.

The EndeavorLAB Latinx Cohort includes a vibrant set of startups, including Casalú, a lamb seltzer brand that embodies modern Latinx culture. CodeGPT provides a customizable and secure LLM as an operating system. Highlights app. Connect your fans with personalized sports highlights. iTruckr brings AI to independent trucking operations. Kanto is an interactive singing app with the world’s most accurate scoring technology. Mavity is an AI-powered tool for creative work. Neomoon provides financial access and education to Latin America. Onyx Private, simplifying financial management for small business owners. Palla allows instant money transfers from the US to Latin America. Revolutionize penetration testing securely for small and medium-sized businesses using AI and certified human expertise.

Endeavor Miami’s launch of its latest EndeavorLAB Latinx cohort comes at a pivotal moment in its quest to level the playing field for underrepresented entrepreneurs in Miami and other vibrant ecosystems. Masu. Through the joint efforts of JPMorgan Chase, Del Four Startups, and the diverse and innovative startups that make up this year’s participants, Endeavor Miami brings together the rich cultural diversity of the Latinx community and entrepreneurs. A future that not only celebrates the spirit, but is more inclusive and just for all entrepreneurs. Claudia Duran’s vision and the impressive results of these startups highlight the transformative potential of targeted support and community engagement. These entrepreneurs embark on a journey of growth and discovery, not only paving their own path to success, but also inspiring a new generation of innovators to dream big, break through barriers, and build resilience and resilience. With support and a shared vision, an entrepreneur’s future is bright and limitless.

Spencer Hulse is Grit Daily’s editorial director. He is responsible for supervising other editors and writers, day-to-day operations, and reporting on breaking news.

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