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The 2019 Tony Elumelu Foundation Entrepreneurship Programme Worth $100M is a 10-year programme. 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.
The TEF Entrepreneurship Programme which is now in its 5th year, 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.
The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme.
The Tony Elumelu Foundation are particularly looking to grow representation from French, Arabic and Portuguese speakers, as well as female entrepreneurs.
Inspired by Tony Elumelu’s economic philosophy of Africapitalism and his vision to institutionalize luck and democratize opportunity for a new generation of African entrepreneurs, the Foundation has implemented one of the most ambitious entrepreneurship programmes globally.
Entrepreneurs who were selected from previous years have totally transformed their businesses and their communities after gaining from the Programme’s 7 pillars:
- Pan-African meetups;
- TEF network membership; and
- Participation at the annual TEF Entrepreneurship Forum, the largest convening of the African entrepreneurship ecosystem;
- $5,000 in seed capital;
- Business development training;
- One-on-one mentoring;
- Access to TEFConnect.
TEF Entrepreneurship Programme Eligibility & Criteria
Eligibility:- Citizens from all African countries are allowed to apply for the TEF Entrepreneurship Programme. Also to participate in this programme, own a run for-profit business based in Africa and must not be older than three years.
Criteria:
Applications will be judged based on criteria including:
- You must have a financial understanding, leadership potential and entrepreneurial skills;
- Feasibility, scalability and potential for growth of the product/service;
- Market opportunity for the idea/business.
How to Apply for Tony Elumelu Foundation Entrepreneurship Programme Worth $100M
All Applications must be submitted ONLINE through the APPLICATION PORTAL. You must complete an application form by answering a series of mandatory questions and uploading additional documents and identification materials. After submission, you will receive a confirmation email of receipt.Follow this link to Apply Now: TEF Entrepreneurship Programme Application Form
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