TEF calls for application for 4th cycle of entrepreneurship dev programme

Africa’s largest philanthropy supporting entrepreneurship, Tony Elumelu Foundation (TEF), has called for 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 and 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.

TEF founder, serial entrepreneur and philanthropist, Tony O. Elumelu, CON said: “When we launched the TEF programme and committed $100 million to empowering Africa’s entrepreneurs, I knew we would create impact, but I never imagined it would be impact of this magnitude.

“We have unleashed a movement of African entrepreneurs - a force so strong, so inspiring, that I am confident they will collectively transform Africa. We need Africa’s best and brightest entrepreneurs to come learn, grow their businesses and build our continent.”