Established in 2010, The Tony Elumelu Foundation (TEF) is an African private-sector-led philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent. The Foundation’s 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 the social and economic development of the continent.
The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa.
The pillars have been designed to address the essential needs to ensure success for an African entrepreneur.
Eligibility Requirements
The TEF Training
The TEF training content called the Start-up enterprise toolkit is a bespoke programme tailored to support young and dynamic entrepreneurs through their business journey with focus on the successful execution of their business plans and ideas.
The TEF training programme is self-paced for each entrepreneur, allowing the necessary flexibility for participants to attend the training course whilst carrying on their usual activities.
The training phase of the programme will last for twelve (12) weeks. However, some intervention programmes could be modified to last for 4 weeks or 6 weeks
Initial Seed Capital
The initial seed capital funding is fixed at $5,000.
Selection Process:
Selection of the applicants will take place after applicants successfully completes all the stages of the training and successfully take part in the pitch.
The program stages are as follows
Visit the Official Webpage of the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) 2022
Application Closing Date: March 31st 2022
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