{"id":69454,"date":"2019-01-08T10:40:35","date_gmt":"2019-01-08T09:40:35","guid":{"rendered":"https:\/\/joblistnigeria.com\/?p=69454"},"modified":"2019-01-07T15:19:34","modified_gmt":"2019-01-07T14:19:34","slug":"tony-elumelu-foundation-entrepreneurship-programme-teep-2019-young-african-entrepreneurs","status":"publish","type":"post","link":"https:\/\/joblistnigeria.com\/tony-elumelu-foundation-entrepreneurship-programme-teep-2019-young-african-entrepreneurs.html","title":{"rendered":"Tony Elumelu Foundation Entrepreneurship Programme (TEEP) 2019 For Young African Entrepreneurs"},"content":{"rendered":"

The Tony Elumelu Foundation,<\/strong>\u00a0the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the\u00a02019 cohort of the TEF 5th Cycle of $100m Entrepreneurship Programme.<\/strong><\/p>\n

The Foundation\u2019s flagship initiative,\u00a0the TEF Entrepreneurship Programme,<\/strong>\u00a0is a 10-year, $100 million commitment to identify, train mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa.<\/p>\n

Eligibility Requirements:<\/strong><\/p>\n

The programme is open to all citizens and legal residents of any one of the 54 African countries.<\/p>\n

The proposed business must be registered and operate in Africa.<\/p>\n

<\/figure>\n

Funding<\/strong><\/p>\n

Upon completion of the 12-week Start-up Enterprise Toolkit (learning) programme, certification of submitted business plan, provision of required documentation, business bank account, among other requirements, entrepreneurs will qualify for the first stage non-refundable seed capital of $5,000 (terms and conditions apply)<\/p>\n

Tony Elumelu Entrepreneurs who successfully complete the programme by meeting stipulated requirements and deadlines will be eligible for funding. There are two stages of funding available to entrepreneurs:<\/p>\n

First stage seed capital funding of $5,000 (based on the official Central Bank of Nigeria exchange rate)\u2013 a non-returnable investment.\u00a0 Please see Terms and Conditions for clarification.
\nSecond stage capital returnable investment \u2013 entrepreneurs will apply and be considered for this based on the viability of their business.<\/p>\n

Selection Criteria:<\/strong><\/p>\n

All applications will be judged on 5 core criteria, which are:<\/p>\n

-Feasibility<\/strong>\u00a0of the business idea.<\/p>\n

\u2013 Market Opportunity:<\/strong>\u00a0knowledge and understanding of the market, customers and competitors for their idea\/business.<\/p>\n

\u2013 Financial Understanding:<\/strong>\u00a0understanding of the basic financial requirements of running a business, costs and revenues.<\/p>\n

\u2013 Scalability:<\/strong>\u00a0Demonstrates potential for replication and growth of their product or service to create jobs and wealth.<\/p>\n

\u2013 Leadership Potential and Entrepreneurial Skills:\u00a0<\/strong>Demonstrate leadership potential, capable of attracting people, customers and resources.<\/p>\n

Application Process:<\/strong><\/p>\n

All applications must be submitted ONLINE through the application platform of the\u00a0TEF Connect<\/strong>. You must complete an application form by answering a series of mandatory questions.<\/p>\n

After submission, you will receive a confirmation email of receipt within 1 working day.<\/p>\n

Applicants can apply on TEFConnect \u2013\u00a0www.tefconnect.com<\/a>\u00a0\u2013 the largest digital networking platform for African entrepreneurs.<\/p>\n

For More Information:<\/strong>
\n
\nVisit the Official Webpage of the Tony Elumelu Entrepreneurship Programme (TEEP) 2019<\/a><\/p>\n

Application Deadline:<\/strong>\u00a0March 1st, 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Tony Elumelu Foundation,\u00a0the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the\u00a02019 cohort of the TEF 5th Cycle of $100m Entrepreneurship Programme……<\/p>\n","protected":false},"author":10164,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[1],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nTony Elumelu Foundation Entrepreneurship Programme (TEEP) 2019 For Young African Entrepreneurs - Jobs in Nigeria<\/title>\n<meta name=\"description\" content=\"The Tony Elumelu Foundation,\u00a0the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/joblistnigeria.com\/tony-elumelu-foundation-entrepreneurship-programme-teep-2019-young-african-entrepreneurs.html\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"eddy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/joblistnigeria.com\/tony-elumelu-foundation-entrepreneurship-programme-teep-2019-young-african-entrepreneurs.html\",\"url\":\"https:\/\/joblistnigeria.com\/tony-elumelu-foundation-entrepreneurship-programme-teep-2019-young-african-entrepreneurs.html\",\"name\":\"Tony Elumelu Foundation Entrepreneurship Programme (TEEP) 2019 For Young African Entrepreneurs - 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