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Wednesday, 30 November 2016 07:30

Endeavor SA selects another candidate at our last LSP for 2016

CT LSP 25 NovAs the year draws to a close, Endeavor South Africa held its last Local Selection Panel (LSP) for 2016 in Cape Town on 25 November 2016.

The company progressing through to the International Selection Panel stage (ISP) is ThisIsMe, owned and lead by Mark Chirnside. ThisIsMe allows consumers to take control of their own identity and to build trust in the verification transaction.

The selection process consists of many facets that determine whether or not an entrepreneur is a suitable fit for Endeavor. The process starts with reviews. The first being the one to evaluate whether the founders and their business are suitable for Endeavor, followed by a series of more in-depth reviews which are conducted by various senior mentors in our network. The purpose of these reviews is to gain a better understanding of the business by focusing on strengths, weaknesses, the business’ strategy and its potential for growth in the South African economic climate. Candidates then face a selection panel of mentors and board-members who interview each candidate. By the end of the process, successful candidates are chosen based on unanimous vote.

Once the LSP is completed the founder(s) prepare for an International Selection Panel (ISP) where prominent business leaders from around the globe interview, deliberate and select Endeavor entrepreneurs based on a unanimous vote. Once Endeavor entrepreneurs are selected, they:

  • - are allocated a dedicated Portfolio Manager to partner with them on their journey to scale;
  • - receive support from a committed advisory board;
  • - are assigned mentors to help them achieve their growth ambitions;
  • - have access to Endeavor’s global network of founders and industry leaders;
  • - receive discounted rates and special invitations to Endeavor global and local events and academic programmes with     the likes of Harvard and Stanford;
  • - get an opportunity to meet Endeavor SA board-members at Endeavor SA Connect events, etc.

John Seymour, one of the two panellists present at our Local Selection Panel was very impressed with Mark Chirnside. One observer commented on the selection process saying; “…it was a very detailed process, thorough for selecting high impact entrepreneurs.”

We would like to thank both our esteemed panellists – John Seymour of Lodestone and Richard Parker, Director of Pleiad Capital, for their time and dedication to providing invaluable and constructive feedback to Mark Chirnside. We are positive the feedback provided will positively impact Mark’s business strategy.

Congratulations Mark. We look forward to hosting you an ISP in 2017!