Tony Elumelu Foundation Entrepreneurship Programme (TEFEP) 2021 for young African Entrepreneurs (Training, Mentorship & $5000 seed capital)
Application Deadline: 31st of March 2021
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs opens applications on its TEFConnect platform – www.tefconnect.com
This year’s intervention prioritizes the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities. To address the unique challenges arising from the pandemic, lift millions out of poverty and create sustainable employment across the continent, the Foundation’s Entrepreneurship Programme will empower 1,000 young African entrepreneurs, selected from the 2020 cohort.
The Foundation will also open applications to an additional 2,400 young entrepreneurs in 2021, in collaboration with global partners.
The Tony Elumelu Foundation, which celebrated ten years of impact in 2020, is empowering a new generation of African entrepreneurs, through the TEF Entrepreneurship Programme. Successful applicants will receive world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities.
Eligibility
The Programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses operating in any sector.
The Tony Elumelu Foundation’s $100million Entrepreneurship Programme, launched in 2015 to empower 10,000 entrepreneurs over 10 years, is now entering its 7th year and has empowered to date, over 9,000 young African entrepreneurs from 54 African countries.
Benefits
The selected beneficiaries will join our current 9,038 alumni to receive:
1. Business Training
2. Mentorship
3. $5,000 non-refundable seed capital
4. Global Networking Opportunities
Prospective applicants should apply on the digital networking hub for African entrepreneurs – www.tefconnect.com
To learn more, visit tonyelumelufoundation.org