Tony Elumelu Foundation (TEF) Entrepreneurship Programme | Application to Open on January 1st, 2020

Tony Elumelu Foundation (TEF) Entrepreneurship Programme | Application
Tony Elumelu Foundation (TEF) Entrepreneurship Programme | Application

The Tony Elumelu Foundation (TEF) is an African private-sector-led philanthropy focused on empowering African entrepreneurs. The Foundation was founded in 2010 by Tony O. Elumelu, CON, an entrepreneur, investor and philanthropist who is passionate about Africa’s economic development.

Our 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.

The Tony Elumelu Foundation Entrepreneurship Programme is the $100million commitment by the Elumelu family to empower 10,000 African entrepreneurs over a 10-year period. The goal is to create at least 1million jobs and contribute over $10billion in revenue to the African economy. Through its flagship Entrepreneurship Programme, the Foundation empowers African entrepreneurs and the entrepreneurship ecosystem across 54 African countries.  The Foundation has empowered 7,531 entrepreneurs thus far.

The Programme is built on a 7-pillar model, a unique holistic system of effective and intensive support to the African entrepreneurs, consisting of startup enterprise toolkit, online mentoring, online resource library, meet-ups, TEF Entrepreneurship Forum, seed capital and alumni network.

In 2018, the Foundation launched TEFConnect, Africa’s digital entrepreneurship hub last year to connect the entrepreneurship ecosystem and facilitate businesses beyond physical borders. The platform currently hosts 800,000 users.

Tony Elumelu Foundation to Open Applications for the 2020 TEF Entrepreneurship Programme on January 1, 2020

Tony Elumelu Foundation (TEF) Entrepreneurship Programme | Application
Tony Elumelu Foundation (TEF) Entrepreneurship Programme | Application

 

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.

Last year, the Foundation received about 216,000 applications, with 42% coming from women entrepreneurs, from every country on the continent.

Tony Elumelu Foundation (TEF) Entrepreneurship Programme | Application
Tony Elumelu Foundation (TEF) Entrepreneurship Programme | Application

Read also:

2020 TONY ELUMELU FOUNDATION QUESTIONS (PDF DOWNLOAD)

TEF AND UNDP TO EMPOWER 100,000 ADDITIONAL ENTREPRENEURS APPLICATION OPENS JULY 2019

DAAD University of Ghana MA & PhD Scholarships at RIPS 2020/2021

The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 young African entrepreneurs.

The goal is to create millions of jobs and the revenue required for the sustainable development of the continent, implementing the philosophy of Africapitalism, which positions the private sector as the growth engine for Africa and emphasises the importance of creating social and economic wealth.

According to the Foundation’s 2018 Impact Report, 70% of the total number of businesses in its alumni network were still operational two years after benefitting from the Programme.

The report also identified an increase of 189% revenue generated and 197% increase in the number of additional jobs created by beneficiaries post-graduation from the Programme, as well as a 100% commitment to the Sustainable Development Goals.

For more info visit Tony Elumelu Foundation Webpage

TEF AND UNDP TO EMPOWER 100,000 ADDITIONAL ENTERPRENEUR APPLICATION OPENS JULY 2019

 

Do you have a scholarship, fellowship, grant, boot camp or any other opportunity you want to apply for today?  Fill this Form now

We have eager team of professionals who are willing to assist you with the application process.

If you have questions or need further help, please do well to contact us TODAY (topstudentsng@gmail.com or +234 8031 504 604,)

Does this article hit on the point?

Please let us know in the comment section and feel free to share with your friends and loved ones. Thank you.

 

7 Responses

    1. No documents required.

      All you need is to be an African entrepreneur between the age of 18-50 with a profitable business idea.

      If you need any help in your application. Contact us.

  1. I need a start up capital for fishery business. I have a earth pond looking for capital to boost it up

  2. I will like to also be in the entrepreneurship program…so that it can help me to finance my own business

Leave a Reply

Your email address will not be published. Required fields are marked *