Ecuador

Entrepreneurship is on the rise in Ecuador, but political and economic challenges in recent years have made it difficult for scaleable companies to attract the investment they need. Endeavor’s launch in Ecuador will work to usher in a new era of growth and economic development driven by high-impact entrepreneurship and backed by key local business leaders.

Early-stage entrepreneurship in Ecuador is maintaining a steadily positive trend, with numbers indicating that about 1-in-3 people in the country initiated actions to establish a business or owned a business that was established no more than 42 months prior. Still, Ecuador receives the least amount of foreign direct investments of any country in South America due to frequent changes in economic, commercial and investment policies.Endeavor Ecuador will help build a thriving entrepreneurial ecosystem by accelerating the number of entrepreneur success stories and positioning these founders as role models. These entrepreneurs will, in turn, drive significant revenue and job growth with the hopes that they too will mentor and invest in future generations.

For entrepreneurs interested in learning more about Endeavor in Ecuador, please contact santiago.ribadeneira@endeavor.org.