![]() The TEF training programme is self-paced for each entrepreneur, allowing the necessary flexibility for participants to attend the training course whilst carrying on their usual activities.Īlthough the training phase of the programme last for 12 weeks, some intervention programmes could be modified to last for four weeks or six weeks. The TEF training content called the start-up enterprise toolkit is a bespoke programme tailored to support young and dynamic entrepreneurs through their business journey with focus on the successful execution of their business plans and ideas. Existing businesses or business ideas must be for profit, and must be the original work of those making the submission. 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 five years All businesses must be business ideas or an early stage company, in the range of 0 to 5 years old Applicants must be 18 years of age and above Application must focus on one business only Applicants may register on The programme is not open to research institutions, faith-based organisations, value adding trading companies, government contractors and businesses not located in Africa and Businesses must not adversely affect the environment, lives and property. The pillars have been designed to address the essential needs to ensure success for an African entrepreneur. The seven pillars of TEF entrepreneurship include: Mentoring, 12-week business management training, Knowledge Resources on, Meetups, Annual TEF Entrepreneurship Forum, Seed Capital Funding and TEF Entrepreneurship Programme Alumni Network. ![]() 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 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. ![]() Now, more than 5,000 entrepreneurs are being empowered every year.Įstablished in 2010, The Tony Elumelu Foundation (TEF) is an African private-sector-led philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent. But development partners across the world have seen the need to partner with the foundation, leveraging on its structure and systems to empower more African entrepreneurs. TEF originally set out to support 1,000 entrepreneurs every year for 10 years. Through TEFConnect, the foundation’s proprietary digital platform, it has provided capacity-building support, advisory and market linkages to over 1.5 million Africans. The Tony Elumelu Foundation since its inception has funded a total of 15,847 entrepreneurs who have created more than 400,000 direct and indirect jobs and counting. This is coming after the Foundation had disbursed $24.75m to 5,000 African Small and Medium Entrepreneurs (SMEs) for the TEF2021 Programme. To this end, Elumelu is focused and determined to achieve his set out goal of producing Africa’s finest entrepreneurs.Įven with the worsening economic outlook occasioned by the COVID-19 pandemic which is still ravaging the world, the Tony Elumelu Foundation – the brainchild of Elumelu has started the registration process that will give opportunities to young African entrepreneurs to win a seed capital of $5,000 each. Tony Elumelu, has consistently advocated that Africa’s private sector can and must play a leading role in the continent’s development. The Chairman of United Bank for Africa (UBA), Mr. Charles Ajunwa writes that the ongoing registration for Tony Elumelu Foundation Entrepreneurship Programme offers yet another opportunity to African young entrepreneurs to realise their dreams
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