Deadline: 1 March 2018
The Tony Elumelu Foundation (TEF) is currently accepting applications for the 4th Cycle of its Entrepreneurship Development Programme for business ideas that can transform Africa.
The Tony Elumelu Foundation (TEF) is the leading 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.
The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa.
The Programme provides critical tools for business success, including:
- Training: 12 weeks of intensive online training which guides creating and managing a business
- Mentoring: A world-class mentor to guide during the early transformation stages of the business
- Funding: $5,000 in seed capital to prove the concept, plus access to further funding
- Network: Access to the largest network of African start-ups and TEF’s own global contacts
Eligibility Criteria
- The business must be based in Africa
- The business must be for profit
- The business must be 0-3 years old
- Applicants must be at least 18 and a legal resident or citizen of an African country
How to Apply
Applicants can apply online via given website.
Eligible Countries: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Cameroon, Central African Republic, Chad, Comoros, Congo, Republic of the Congo, Democratic Republic of the, Cote d’Ivorie, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe.
For more information, visit
http://www.tonyelumelufoundation.org/news/tony-elumelu-foundation-accepting-applications-for-4th-cycle-of-100m-entrepreneurship-development-programme/