Tony Elumelu Foundation( TEF) Entrepreneurship Programme 2023 for Entrepreneurs in Africa

Tony Elumelu Foundation( TEF) Entrepreneurship Programme 2023 for Entrepreneurs in Africa is now open to applications. The Tony Elumelu Entrepreneurship Programme aims at empowering women and men across the African continent and improving economic growth and stability, eradicating poverty and reducing the rate of unemployment.

Tony Elumelu Foundation( TEF) Entrepreneurship Programme 2023

Tony Elumelu Foundation( TEF) Entrepreneurship Programme 2023

Are you an entrepreneur looking for a medium to improve yourself alongside gaining more knowledge? Don’t miss out on this opportunity.

Over the years, the Tony Elumelu Foundation has been the leading champion of Entrepreneurship in Africa, the foundation believes that the private sector’s role is critical in developing Africa and that as such, the private sector must create both social and economic wealth.

Details About Tony Elumelu Foundation 2023 Entrepreneurship programme

  • Location: Unspecified
  • Type: Entrepreneurship
  • Application status: Ongoing
  • Application Deadline: 31st March 2023
  • Eligible Gender: Male and Female
  • Sponsors: Tony Elumelu Foundation

About Tony Elumelu Foundation

Headquartered in Lagos, Nigeria, the Foundation was established in 2010 by Tony O. Elumelu. It is a non-profitable African organization whose sole aim is to develop Africa’s economy by empowering its people.

Since its inception, the Tony Elumelu Foundation (TEF) has empowered over 7,500 African entrepreneurs across 54 African countries.

Benefits Of Tony Elumelu Foundation  Entrepreneurship Programme 2023

The Tony Elumelu Foundation  Entrepreneurship programme 2023  comes with the following benefits for Participants:

  • A $5,000 non-refundable seed funding.
  • Participants will receive 12 weeks of world-class business training.
  • Access to Tony Elumelu Foundation alumni network.
  • Access to mentorship and networking opportunities in Africa’s largest digital platform for entrepreneurs (TEFConnect.net)

Application Process For Tony Elumelu Entrepreneurship programme 2023

Interested candidates must meet the criteria listed below before applying for the program. Kindly, visit the website below to apply: www.tefconnect.net

The application phases for the Tony Elumelu Entrepreneurship programme are as follows:

  • Application Phase: This phase runs from 1 January down to 31 March 2023. Once the application is closed all eligible applicants will be placed in the appropriate training path (Repertory, Startup/ beginner)
  • Training & Mentorship Phase: Once you have been shortlisted for the programme you will partake in various training programs and orientation.
  • Business plan and Financial Submission Phase: At the end of the Tony Elumelu Foundation Entrepreneurship programme, you are expected to put together all your learning into a single elaborate document, templates will be given to you on how this should be done.
  • The pitching phase: At the end of the programme you will be given an opportunity to display your business knowledge and ideas before a panel of judges, only those whose ideas are impressive, and that passed the pitching phase will be given the Seed capital funding and access to the Alumni network to make true their business ambitions.

However, if you went through all the training but failed after the pitching selection you will be issued a training completion certificate which can be used to reapply the next Year.

Criteria required To Apply For the Tony Elumelu Foundation Entrepreneurship programme

Here are the requirements needed to apply for the Tony Elumelu Entrepreneurship programme

  • The programme is open to specifically African entrepreneurs.
  • To apply you must be 18 years of Age or Above.
  • Your business must be a business idea or early-stage business, in the range of 0-5 years old.

Application Deadline

March 31, 2023.

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