By Nancy Dahlberg
Laura Maydón, the founding managing director of Endeavor Miami, has decided to step down. Maydón and her board of directors launched Endeavor Miami – the global entrepreneurship organization’s first U.S. affiliate – five years ago and the time seemed right to pass the torch to a new leader, she said.
Maydón leaves the organization in a strong position for the next five years and beyond.
Endeavor mentors and accelerates selected entrepreneurs in scale-up mode. Endeavor Miami now supports 45 entrepreneurs from over 23 companies across a range of industries, including Nearpod, NovoPayment, Boatsetter, Wyncode, DeliverLean and MyCeviche. Last year, Endeavor Miami Entrepreneurs generated nearly $200 million in revenues and created more than 2,000 jobs, according to its 2018 Impact Report.
Calling the position one of the highlights of her career, Maydón will continue to lead the organization while the board of directors launches a search for a new managing director. She said she will be pursuing new career challenges and plans to stay in Miami.
“Laura’s vision and leadership have left a lasting mark at Endeavor Miami and our city,” said Adriana Cisneros, CEO of Cisneros and Endeavor Miami Board co-chair. “The Miami entrepreneurial ecosystem is stronger thanks to her unwavering support of our entrepreneurs.”
The nonprofit Endeavor Miami has been supported by the contributions of Endeavor Miami’s board members and by the John S. and James L. Knight Foundation, its launch partner that last year added another $2 million in funding over a five-year period. The City of Miami and corporate and private contributors have also supported Endeavor Miami.
“I’m proud that we’ve been able to select an amazing group of Endeavor Entrepreneurs that are scaling and having an evident impact in our community. I’m also proud that thanks to the continued contributions of the Board since Endeavor Miami’s launch, as well as the support of our mentors, my team, partners and many other leaders, we’ve built a community that’s truly supportive of our mission and very founder centric,” said Maydón, who has a Harvard MBA and worked in M&A and private equity, including in several roles for Visa, before joining Endeavor. “I’m very proud of what we have achieved together.”
The new managing director will be tasked with continuing to drive the organization’s growth strategy in order to create more impact. In the next five years, Endeavor Miami expects to double the size of its portfolio generating almost half a billion dollars in revenue and creating over 5,000 jobs, the organization said.
“I wish for the next leader continued success and growth to drive the mission further,” said Maydón. “I’m looking forward to seeing the next leader take Endeavor Miami to the next level.”
Endeavor Miami’s board has formed a search committee. More information on the managing director role is here: http://miami.endeavor.org/board-team/come-work-us/
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