10 Years of the Multiplier Effect – Endeavor Philippines 2024 Impact Report

Endeavor Philippines is proud to launch its 2024 Impact Report, celebrating a decade of high-impact entrepreneurship and the transformative power of the Multiplier Effect in the Philippines. This year’s report highlights Endeavor’s journey over the past ten years, featuring the latest Multiplier Map, and showcases the stories of entrepreneurs who have made a lasting impact by mentoring, investing, and paying it forward.

Key Insights:

• Over the past decade, Endeavor Entrepreneurs have driven growth in the Philippine entrepreneurial ecosystem through the Multiplier Effect. By mentoring others, reinvesting their gains, and expanding their networks, they’ve helped inspire and support the next generation of founders.
• Endeavor’s initial entrepreneurs have grown into significant Multipliers in the ecosystem, serving as mentors, investors, and advisors for emerging startups. Our newest entrepreneurs are already making their mark, stepping up as mentors and positioning themselves to become the next generation of Multipliers.
• In 2023 alone, Endeavor Entrepreneurs generated $900M in revenue, created 66,000 jobs, and raised over $1B in capital, solidifying their role in driving economic growth and community impact across the Philippines.
• Endeavor Philippines envisions a thriving ecosystem where Filipino founders not only build globally competitive companies but uplift communities and industries. The next decade will be defined by fostering innovation, supporting entrepreneurs at every stage, and embedding a strong culture of giving back to strengthen the foundation for future generations.