Africa’s largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa. 

The Programme provides critical tools for business success, including:

  • Training:12 weeks of intensive online training which guides creating and managing a business
  • Mentoring:A world-class mentor to guide during the early transformation stages of the business
  • Funding:$5,000* in seed capital to prove the concept, plus access to further funding
  • Network:Access to the largest network of African start-ups and TEF’s own global contacts

The Programme, in its 4th cycle, is TEF’s 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs by 2024.

1,000 entrepreneurs will be selected based on the viability of their idea, including: market opportunity; financial understanding; scalability; and leadership and entrepreneurial skills demonstrated in the application.

Eligibility:

  1. The business must be based in Africa
  2. The business must be for profit
  3. The business must be 0-3 years old
  4. Applicants must be at least 18 and a legal resident or citizen of an African country

To apply, complete the online application at application.tonyelumelufoundation.org. 

The deadline is midnight (WAT) on 1 March 2018.

For more information or to apply, visit: www.tonyelumelufoundation.org

 

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