Posted on :
5 Jan, 2017
5 Jan, 2017
The Tony Elumelu Foundation (TEF), is now accepting applications for the 2017 Tony Elumelu Entrepreneurship Programme (TEEP) ($100m Pan-African entrepreneurship initiative ) for for Young African Entrepreneurs with business ideas that can transform Africa.
Successful applicants will join the third cycle of the TEF Entrepreneurship Programme, TEF’s 10-year, $100 million commitment to train, mentor and fund 10,000 African entrepreneurs in every African country. Since inception in 2015, the Programme has assisted nearly 2,000 entrepreneurs and created hundreds of jobs across the continent.
To be eligible:
The Programme provides critical tools for entrepreneurial success, including:
All entrepreneurs who successfully complete the 12-week Start-up Enterprise Toolkit (learning) programme, submit a business plan for review, as well as required documentation and a business bank account will qualify for the first stage non-refundable seed capital of $5,000.
All start-ups who successfully complete the programme will be eligible for funding. There are two stages of funding available to start-ups:
All applications will be judged on 5 core criteria, which are:
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.
How to Apply
Interested and qualified candidates Click Here to Apply