Tony Elumelu Foundation announces $100m Entrepreneurship Programme to Empower African Entrepreneurs

Deadline: 1 March 2019

The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is currently seeking applications for the 2019 cohort of the TEF Entrepreneurship Programme.

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.

Outstanding African entrepreneurs running existing start-ups with high growth potential and aspiring business owners with transformative ideas are invited to apply. They 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 institutionalise luck and democratise opportunity for a new generation of African entrepreneurs, the Foundation has implemented one of the most ambitious entrepreneurship programmes globally. 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.

Eligibility Criteria

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.

Selection Criteria

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.

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, please visit https://bit.ly/2LLNyS7

  • Equity and Justice Society for ONE PLATEAU says:

    Grant phylantrpic Project.

    But How can membership based civil society organizations be Eligibility to for the benefit of their network?

    • Ritu at fundsforNGOs says:

      Hi,

      For more information regarding eligibility criteria, application process and more, please visit the link provided at the end of the post.

      Good Luck!

      • Quenedi Sanundengo says:

        My name is Quenedi Sanundengo i live in Angola, am very glad to contact you.
        I have gone through your website and i really need to participate on website.Iam a young man with high capacity of running business, in my country i have discovered a great business that i would like to start of opening a wholesale shop of selling clothes.
        I have approved at the market there are more clients buying clothes some of the clients are from different places within Luanda and i have seen the type of clothes that attract more clients.
        I had difficulties on how to start my business into practical.
        However with this opportunity, i would like to apply for a fund so that i can start running my business and i follow all the regulations.
        I thank alot for contacting you.

  • KABARIRA DUDESTIN Pierre Damien says:

    Friends Missionaries Reformed Church is functioning in Burundi in Aftica. We have many widower and orphans in our church who are poor. So we have projects to avoid poverty in this country under development.

  • Floribert Castor says:

    how join this platform where as based in Burundi?

    • Ritu at fundsforNGOs says:

      Hi Floribert Castor,

      For more information regarding eligibility criteria, application process and more, please visit the link provided at the end of the post.

      Good Luck!

  • Bbaale George Bush says:

    Want to apply,can I be given the application forms?

    • Reena says:

      Hi Bbaale George Bush,

      Thank you for your interest in the opportunity.

      To find the application form, please visit the link provided at the end of the post.

      Good Luck!

    • Ritu at fundsforNGOs says:

      Hi Bbaale George Bush,

      For more information regarding eligibility criteria, application process and more, please visit the link provided at the end of the post.

      Good Luck!

  • katambo j.m says:

    this looks like a very progressive funding,can zambia qualify?

    • Priyanka says:

      Hi katambo j.m,

      Yes, Zambia is eligible to apply. For more information on eligibility criteria, application process and more, please visit the link given on the last line of the post.

      Good luck!

  • Brighter Future Foundation says:

    Dear sir/madam,
    Brighter future Foundation sierra leone is very interested in you commitment to provide one million job facilities and organization is also committed to provide job facilities for professional across Sierra leone.
    Our organization will be very happy if we are considered for this opportunity.
    Sincerely
    Brighter Future Foundation

    • Priyanka says:

      Hi Brighter Future Foundation,

      Yes, Sierra Leone is eligible to apply. For more information on eligibility criteria, application process and more, please visit the link given on the last line of the post.

      Good luck!

  • Chikuni says:

    Hi, Iam Entwell Chikuni from Zambia. I was educated by World vision ( NGO) which used to operate in our area. After my education, I decided also to help others. I have a number of orphans under my care. To be able to educate and support these orphans under my care, have come up with projects to run. I would want therefore to apply for funding. Thanks!

    • Ritu at fundsforNGOs says:

      Hi Chikuni,

      You can apply for this opportunity if you fulfill the eligibility requirements. To learn more on eligibility criteria and how to apply please visit the link provided at the end of the post.

      Good luck!

  • eme gad prosper says:

    I’m Gad the president of a new ministry (voice of battle evangelism team international from Ghana who needs support in training people for skill works ,creating jobs for the youth through agriculture and other sectors.please am I eligible and how do I go about it?

    • Ritu at fundsforNGOs says:

      Hi eme gad prosper,

      For more information regarding eligibility criteria, application process and more, please visit the link provided at the end of the post.

      Good Luck!

  • Fortune says:

    What if you want to start a new company

  • cliff matara says:

    how can i get that great oportunity…….

  • maryam shaibu says:

    Happy new year, may Allah bless each and every one of you for these important programme for women in african

  • ruth says:

    This is awesome to people with great ideas and never given opportunities. Love it.

  • Elizabeth Kayanga says:

    Can not proceed to the site for details.

    • Komal says:

      Hi Elizabeth Kayanga,

      To know more about this funding opportunity, please Copy and Paste this link bit.ly/2LLNyS7 into a browser window.

      Good Luck!

  • Ignatius Tarhe Ahula says:

    I am Mr Ignatius Tarhe Ahula from Benue State in Nigeria. I have developed a good business idea in the health sector to target families and the growing population of the elderly in theKanshio axis of Makurdi. The venture is tailored towards providing valuable and highly sought after healthcare services with peace of mind to families and the community in an otherwise difficult time in their lives. Services will be provided in Tarhe Community health center which has been built but is yet to be completed . Home services will also be provided to families and community . The founder is a nurse of inestimable value. Trained nurse, an ophthalmic nurse, graduate nurse, and a fellow of the west African college of nursing who has retired from paid govt job. I joined your TEFCONNECT. How can I apply?

    • Ritu at fundsforNGOs says:

      Hi Ignatius Tarhe Ahula,

      For more information regarding eligibility criteria, application process and more, please visit the link provided at the end of the post.

      Good Luck!

  • Deborah Gwicana says:

    More information

    • Komal says:

      Hi Deborah Gwicana,

      For more information on eligibility criteria, application process and more, please visit the link given on the last line of the post.

      Good Luck!

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