Application deadline: 1st March, 2020
The TEF Entrepreneurship Programme is open to startup entrepreneurs, with innovative business ideas or businesses that have been in existence for less than 3 years, in any sector, from across Africa. The Programme is the $100 million commitment by African investor and philanthropist, Tony O. Elumelu to empower 10,000 entrepreneurs in 10 years, with the goal of creating millions of jobs and new revenue on the continent. The programme implements Mr Elumelu’s Africapitalism philosophy, which positions the private sector as the catalyst for African economic transformation, and an investment approach that values the creation of both social and economic wealth.
TEEP, a Pan-African entrepreneurship initiative of the Tony Elumelu Foundation, is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.
Value of Programme:
The 1,000 start-ups selected from a pool of applicants across Africa will participate in a comprehensive programme which will include;
- A customized 12-week business skills training course
- Start-Up Enterprise Toolkit
- Resource Library
- 2-Day Boot Camp
- Seed Capital Funding
- Elumelu Forum
- Alumni Network
The TEF Programme is not for an academic level or qualification. The Tony Elumelu Scholarship is designed to assist young entrepreneurs around Africa to start or support their enterprise, thereby creating thousands of job opportunities in Africa. It is available for young entrepreneurs from all over Africa.
Duration of Programme:
The programme will identify and help grow 10,000 start-ups and young businesses from across Africa over the next 10 years. These businesses will in turn create 1,000,000 new jobs and contribute $10 billion in annual revenues to Africa’s economy.
Are you an African entrepreneur with an innovative business idea, whose in need of a seed funding. Take a bold step to apply:
For more information, visit the official website of the Tony Elumelu Foundation website at: www.tonyelumelufoundation.org/TEEP.