Tony Elumelu Entrepreneurship Programme 2020
Tony Elumelu Entrepreneurship Programme (TEEF) 2020 – This information is for those that want to know more about how they can be part of Tony Elumelu foundation and stand a chance to win the amazing prize.
We have also included the steps of how you can process the ongoing Tony Elumelu Entrepreneurship grant 2020 Application.
About Tony Elumelu Foundation – The Organization
TEEP (Tony Elumelu Entrepreneurship programme) is a pan-African entrepreneurial initiative of the Tony Elumelu Foundation, which is a multi-year training, funding, and mentorship program designed to empower the next generation of African entrepreneurs.
The Tony Elumelu Foundation Entrepreneurship Programme is the $100million commitment by the Elumelu family to empower 10,000 African entrepreneurs over a 10-year period. The goal is to create at least 1million jobs and contribute over $10billion in revenue to the African economy. Through its flagship Entrepreneurship Programme, the Foundation empowers African entrepreneurs and the entrepreneurship ecosystem across 54 African countries. The Foundation has empowered 7,531 entrepreneurs thus far.
In 2018, the Foundation launched TEFConnect, Africa’s digital entrepreneurship hub last year to connect the entrepreneurship ecosystem and facilitate businesses beyond physical borders. The platform currently hosts 800,000 users.
Our 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 social and economic development of the continent.
Number of Entrepreneurs Needed
If you are wondering how many people will be taken during the program. The foundation will be taking 1,000 positions available annually for 10 years.
Method of Applying for Tony Elumelu Foundation
Applicants can forward the application through the organizational application portal.
Benefits Tony Elumelu Entrepreneurship Programme
- Business Training
- $ 5,000 Non-refundable seed capital
- Global Networking Opportunity
- No Application FEE is needed
- All process is done through the TEEF portal
Application Starting date
The Tony Elumelu Grants are meant to start application on the 1st of January 2020.