Tony Elumelu Entrepreneurship Programme 2021 – This information that wants to know more about Tony Elumelu Grant for Entrepreneurship programme and how the selection process is done.
Please note that we have to go as far as lifting most of this writeup from the official website of Tony Elumelu foundation so you do not miss the points,
Selection of the applicants will take place from the close of the Application on March 1st, by the Tony Elumelu Foundation and an independent Selection Committee appointed by the Foundation, against the specified selection criteria.
All applications will be judged on 5 core criteria, which are:
If you wondering if the foundation gives preference to Nigerians the answer is No! The Tony Elumelu Entrepreneurship Programme is a Pan-African programme and open to business ideas from all the 54 African countries from which we will select the best business ideas for the programme.
Successful applicants will be notified on the 22nd of March, via the email address designated in the initial application. The list of selected entrepreneurs will also be posted on the TEF Website.
If Applicants are offered a place in the Programme, Applicants will be expected to:
The Reason why your last application was unsuccessful?
Since inception we have received over 65,000 applications for the limited spaces on the programme, while we can only accept 1000 entrepreneurs each year. Here are a few possible reasons why your application was not successful:
How can I improve my chances next year?
Ensure that you review the selection criteria in the next programme cycle and be sure to describe your business plan or idea such that every aspect of the business or idea (i.e. description, market, customer acquisition, financials etc.) is fully covered.
Yes, there is a waiting list. If any of the selected 1000 do not claim their places by the set deadline, the next best entrepreneur from the waiting list will be chosen before the commencement of the programme cycle.
Yes. We will open the platform for applications on January 1 every year. Each applicant will be required to put in a fresh application. We believe the elapsed time should serve to refresh your interest in your entrepreneurial objectives, and there might be new developments to include in the application.
Please note that the application portal will have functionality in English, French, and Portuguese.
You must answer all the mandatory questions in the application form.
There are 1,000 places available annually for the applications that are selected by the Selection Committee for placement in the programme.
No. The Tony Elumelu Foundation does not charge any applicants a fee for applying to the programme.
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