Established in 2010, The Tony Elumelu Foundation (TEF) is an African private-sector-led philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent. The Foundation’s long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.

Applications are invited for: Dollar to Naira Rate

Title: 2022 Tony Elumelu Foundation Entrepreneurship US$5,000 Programme

Background

• The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa.
• In the first year of TEF, we spent more than $8 million of our $100 million commitment – and the results are better than we imagined. Tony Elumelu Foundation Entrepreneurship Programme
  

Detail

• 2022 TEF Entrepreneurship Programme will provide mentorship, training, networking and US$5,000 funding to successful entrepreneurs.

Programme Eligibility

• The Tony Elumelu Foundation Entrepreneurship Programme is open to Africans from all 54 African countries with scalable business ideas or a business that has been operational for no more than 5 years.
• Applicants must be 18 years of age and above or considered above the age of minors in their country.
• Applicants who do not meet the cut off mark during application would not be eligible to apply for the programme. However, training resources on www.tefconnect.net would still be accessible to these applicants.
• The programme is not open to research institutions, faith based organisations, value adding trading companies, government contractors and businesses not located in Africa.
• Businesses must not adversely affect the environment, lives and property. Existing businesses or business ideas must be for profit, and must be the original work of those making the submission.
• All businesses must be business ideas or an early-stage company, in the range of 0 to 5 years old.
• Your application must focus on ONE business only. We advise choosing your best, most feasible/innovative business idea. Selected entrepreneurs are not permitted to apply for future cohorts of the programme, even with a different business or business idea. Pounds to Naira

Application Closing Date
31st March, 2022.

Method of Application
Interested and qualified candidates should:
Click Here to Start Application

Click here for more information