Tony Elumelu foundation application 2019 for 5th Cycle of $100m Entrepreneurship Programme is in progress and will close on March 1, 2019. Application exclusively available on TEFConnect.com – the largest digital networking platform for African entrepreneurs.
The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. The Programme’s objective is to generate at least 1,000,000 new jobs and create at least $10 billion in new business revenue across Africa.
Now in its 5th year, the TEF Entrepreneurship Programme has empowered 4,470 entrepreneurs, using a bespoke and robust selection, training and implementation process to create visible and sustainable impact across all 54 African countries.
Selected entrepreneurs from previous years have transformed their businesses and their communities after gaining from the Programme’s 7 pillars:
- $5,000 in seed capital;
- business development training;
- one-on-one mentoring;
- access to TEFConnect;
- pan-African meetups;
- TEF network membership; and
- participation at the annual TEF Entrepreneurship Forum, the largest convening of the African entrepreneurship ecosystem.
Tony Elumelu Foundation Requirements
Outstanding African entrepreneurs running existing start-ups with high growth potential and aspiring business owners with transformative ideas are invited to apply. The TEF Entrepreneurship Programme is open to citizens and legal residents of all African countries, who run for-profit businesses based in Africa that are no older than three years.
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.
You can fill the tony elumelu foundation application form at TEFConnect.com
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