HomeRegional NewsAfricaTony Elumelu Foundation Entrepreneurship programme applications open

Tony Elumelu Foundation Entrepreneurship programme applications open

The Tony Elumelu Foundation (TEF) is accepting applications until 31 March for its 2021 TEF Entrepreneurship Programme.

Benefits include world-class business training, mentorship, $5,000 in funding and global networking opportunities.

This year’s intervention prioritises the economic recovery of young African entrepreneurs following the severe impacts of the COVID-19 pandemic.

To address the unique challenges arising from the pandemic, lift millions out of poverty and create sustainable employment across the continent, the Tony Elumelu Foundation’s Entrepreneurship Programme will empower over 3,500 young African entrepreneurs.

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Successful applicants receive world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities.

The Programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses, operating in any sector.

See below on how to apply for the TEF programme.

Tony Elumelu Foundation tackling entrepreneurship for over a decade

CEO of the TEF, Ifeyinwa Ugochukwu said: “The Tony Elumelu Foundation now more than ever is demonstrating our commitment to unleashing the potential of young African entrepreneurs, the key to Africa’s long-term economic transformation.

“The pandemic has created challenges across the continent, but we know that with the Tony Elumelu Foundation tried and tested programme, we can execute the largest COVID-19 economic recovery plan for African SMEs and break the cycle of poverty in Africa.”

The Tony Elumelu Foundation’s $100-million Entrepreneurship Programme, launched in 2015 to empower 10,000 entrepreneurs over 10 years, is now entering its 7th year.

The programme has to date empowered over 9,000 young African entrepreneurs from 54 African countries. Prospective applicants should apply to the digital networking hub for African entrepreneurs. 

Nicolette Pombo-van Zyl
Nicolette is the Editor of ESI Africa print journal, ESI-Africa.com and the annual African Power & Energy Elites. She is passionate about placing African countries on the international stage and is driven by the motto "The only way to predict the future is to create it". Join her in creating a sustainable future through articles and multimedia content.