[Techtaffy Newsdesk]

SAP has made an initial three-year, EUR 2 million commitment to Endeavor Global, Endeavor Brazil and India’s National Entrepreneurship Network (NEN). With an initial focus on Brazil and India, SAP and its partners plan to expand into additional emerging markets.

Companies that are selected as part of the emerging entrepreneurs initiative will have a proven business model, a focus on innovation and societal impact and a propensity to scale using technology. Selected entrepreneurs will receive access to employee volunteers and mentors and technology support from SAP, as well as innovation grants from SAP Foundation, a corporate advised fund at Silicon Valley Community Foundation.