Deadline: March 1, 2024

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. They have provided training, mentoring and funding to 15,847 African start-ups from 54 African countries, selected from over 800,000 applications.

7 PILLARS OF THE PROGRAMME

1. Mentoring
2. 12 week business management training
3. Knowledge Resources on TEFConnect.net
4. Meetups
5. Annual TEF Entrepreneurship Forum
6. Seed Capital Funding
7. TEF Entrepreneurship Programme Alumni Network

ELIGIBILITY

1. 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.
2. Applicants must be 18 years of age and above.
3. All businesses must be business ideas or an early stage company, in the range of 0 to 5 years old
4. Your application must focus on ONE business only.
5. They are looking to grow representation from French, Arabic and Portuguese speakers as well as female entrepreneurs.

GRANT

The seed capital funding of $5,000

SELECTION STAGES

The program stages are as follows

1. Application Phase
2. Training & Mentorship Phase
3. Business Plan Submission Phase
4. Pitching Phase
5. Seed Capital Phase

Apply through the OFFICIAL LINK