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Globalworth partnerships with Endeavor in Romania, providing a unique support system for high-impact local entrepreneurs

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the partnership with Endeavor, a mission-driven global organisation that supports and accelerates high-impact entrepreneurs. By connecting with talent, capital and a worldwide peer and mentor network, the organisation has just launched a new office in Romania, a country where Globalworth is the office market leader.

Endeavor Romania will support founders and companies that have passed through the initial start-up phase and can demonstrate the potential for rapid expansion and scale. The other 2 local founders that have joined forces are the European Bank for Reconstruction and Development (EBRD) and Dedeman.

Founded in 1997, Endeavor’s network spans nearly 40 countries today, across Latin America, Europe, Asia, Africa, the Middle East, and the U.S., leading the global entrepreneurial movement to drive long-term growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs in the world. Since its inception, Endeavor has supported worldwide over 2,000 entrepreneurs which generated combined revenues of over USD 25 billion, created over 4.1 million jobs in their local economies and, in 2019, raised over USD 3.5 billion in capital. 

The operations of Endeavor Romania will be self-funded by its Board of Directors, with a long-term funding plan. 

The evolution of our Globalworth Group through the years has seen a gradual transition from a successful Romania-based office developer to a highly recognised and reputable multinational institutional office investor and asset manager. Since we have achieved this growth, we are more than pleased to share our knowledge with emerging businesses. We encourage entrepreneurship as a key factor for economic development which in turn leads to a sustainable and competitive entrepreneurship ecosystem. We are glad to contribute to the expansion of the Endeavor organization in Romania, a country where we operate as an office market leader precisely because we consider it to be the most attractive business environment in South-Eastern Europe. We are convinced that our joint efforts will lead to the creation and consolidation of successful companies that will strengthen the Romanian economy. We are happy to share our know-how and experience in order to assist start-up companies on their journey to business success", said Dimitris Raptis, CEO of Globalworth Group.

The office, which will be Endeavor’s sixth office in Europe, will open by the end of February, headed by Mihnea Craciun: “Endeavor is a wonderful addition to the Romanian entrepreneurial support eco-system, providing a best-in-class seal of approval, an unrivalled personal and professional network, frictionless co-investment capital, and peer-to-peer idea exchange in a truly global setting. This is a unique value proposition for the Romanian market.” 

Endeavor’s aim in Romania is to search for, select, mentor, and dramatically accelerate the best high-impact entrepreneurs by helping them to think bigger, make better decisions by accessing talent, investors, and global markets and multiply their impact by becoming role models, mentors, and investors in their local ecosystems. The local Board of Directors is based on a “give back pledge”, is chaired by Marius Stefan, CEO and co-founder of Autonom Group, and includes Monica Cadogan, CEO of Vivre, Vargha Moayed, Chief Strategy Officer of UiPath, Tiberiu Moisa, Deputy CEO at Banca Transilvania, Voicu Oprean, CEO and founder of Arobs, Andrei Dunca, an Investor and Advisor to Tech start-ups, Costin Taracila, Managing Partner of RTPR and Calin Fusu, CEO of Neogen. The board is joined by the representatives of the three founding partners, Dimitris Raptis, CEO of Globalworth Group, Karina Paval of Dedeman, and Mark Davis, Regional Director at EBRD.