TONY ELUMELU FOUNDATION 2021 TEF ENTREPRENEURSHIP PROGRAMME APPLICATION OPENS ($5000 Funding)
The Tony Elumelu Foundation is the leading champion of entrepreneurship in Africa. Our objective is to empower women and men across our continent, catalysing economic growth, driving poverty eradication and ensuring job creation. We believe the private sector’s role is critical for Africa’s development and that the private sector must create both social and economic wealth.
Founded by African investor and philanthropist, Tony O. Elumelu, and representing his personal commitment to creating a new generation of entrepreneurs, through his investment company, Heirs Holdings, the Foundation is active in all 54 African countries.
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs. This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities.
Due Diligence shall be carried out on the Successful Applicants to verify eligibility prior to any potential offer of a placement in the Programme. Applications that do not meet all or some of the eligibility criteria will not be accepted or will be dropped during the Programme.
The Programme is open to all Africans operating businesses in Africa who are aged 18 years and above, and who must not be considered a minor in their country of residence.
Applicants must have the legal right to work in the African country where their business is located.
Applicants must create an account and complete an online entry form through the TEF Hub to apply for the Programme.
The proposed business must operate in Africa and Applicants must be legal residents of any one of the 54 African countries.
All businesses must be Business Ideas or an early stage registered entity, in the range of 0 to 3 years from date operations commenced.
Business Ideas must be for profit, focused on one business only and must be the original work of those making the submission.