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| Tony Elumelu Foundation (TEF) |
Tony Elumelu Entrepreneurship programme for African Entrepreneurs($5,000 Grant available)
Tony Elumelu Foundation (TEF), Tony Elumelu Foundation (TEF) 2020,
Tony Elumelu Foundation (TEF) Application for 2020, Tony Elumelu
Foundation (TEF) Login, TEF Connect Login
The Tony Elumelu Foundation (TEF) — an African private-sector-led
philanthropy dedicated to empowering African entrepreneurs — will begin
accepting applications for the 2020 cohort of the TEF Entrepreneurship
Programme, on January 1, 2020.
Applications are made through TEFConnect, the digital networking hub
for the African entrepreneurship ecosystem, created by the Foundation.
The TEF Entrepreneurship Programme is open to entrepreneurs from
across Africa, either with new startup ideas or existing businesses of
less than 3 years existence,
operating in any sector. Successful applicants will join the over 9,000
current beneficiaries, from 54 African countries, and receive business
training, mentoring, a non-refundable $5,000 of seed capital and global
networking opportunities.
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The Tony Elumelu Foundation (TEF) has opened applications for the 2020 Tony Elumelu Foundation Entrepreneurship Programme.
According to the foundation, successful applicants will join the over
9,000 current beneficiaries, from 54 African countries, and receive
business training, mentoring, a non-refundable $5,000 of seed capital,
and global networking opportunities.
In its 6th edition, the programme is a 10-year, $100 million
commitment to identify, train, mentor, and fund 10,000 African
entrepreneurs.
Within the years, Africa Development Bank, International Committee of
the Red Cross (ICRC), the Republic of Benin, Government of
Botswana, Anambra government, and the US Consulate have all supported
entrepreneurs through the programme.
Last year, 3,050 applicants were selected out of the 216,000
submitted applications, representing 58% male, 42% female. Some of the
parameters used in selecting shortlisted applicants include feasibility,
market opportunity, scalability, leadership skill, and viability of the idea.
Recommended:
Who can apply
You must have a business idea or a startup under 3 years of existence in any sector and any country across Africa.
What the TEF judges want to see in your application
Applications will be judged based on criteria including feasibility,
scalability, and potential for growth of the product/service; market
opportunity for the idea/business; financial understanding, leadership
potential, and entrepreneurial skills.
What entrepreneurs stand to gain
Business Training
Mentorship
$5,000 non-refundable seed capital
Global Networking Opportunities
The application portal opens today, January 1 and closes midnight, March 1, 2020.
Recommended:
MODE OF APLICATION: APPLY ONLINE BELOW:
Fill the application form HERE on TEFConnect.com.
CLICK HERE TO APPLY ONLINE!
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