This is another great opportunity for entrepreneurs in Africa to enjoy. It’s a programme for young and able-minded entrepreneurs.
The TEF entrepreneurship programme 2022 is calling out all applicants across the country to apply for the Tony Elumelu Foundation programme 2022.
The program on empowering people (women and men alike), reducing poverty, and creating job opportunities for people who are ready to work.
The private sector plays a significant role in Africa’s economic development and it has helped a lot of people so far.
About TEF entrepreneurship programme
TEF (Tony Elumelu Foundation) was established in the year 2010, it is an African private sector-led trophy in Africa that is currently winning over entrepreneurship and entrepreneurs across Africa.
The founder Tony is an entrepreneur cilantro an investor who is fond of the development in Africa’s economy created the foundation programme to expand his work.
Tony is currently part of the Heirs holdings operational in all 54 African countries.
TEF entrepreneurship programme 2022 requirements
- Your business must be 0-5 years old (new business ideas is preferable)
- An applicant must be older than 18 in age and must be a citizen of a country in Africa.
- Your business must be based in Africa
- Your current application must focus on one business only
Note: Research Institute, Government contractors, faith-based organizations, trading companies are not allowed to apply for the program.
The business should not in any way affect the environment, life, and property. And also the business must be for-profit
Benefits of TEF entrepreneurship programme 2022
For successful businesses that participated in the program, they shall enjoy the following benefits:
Business owners will undergo 12 weeks of intensive online training which will guide them on how to create and manage a business.
They shall enjoy a world-class mental which will guide them during the early transformation stages of the business.
Business owners shall be offered $5000 in seed capital to prove the concepts and also have access to further funding in the future.
They shall have access to the largest network of African startups and part of TEF global contacts to grow their business through networking.
The programmes’ entire commitment for the 6th cycle is 100 million dollars to help identify, train, mentor, and then fund 10,000 African entrepreneurs by the year 2024 respectively.
How to apply for TEF entrepreneurship program 2022
As explained earlier, the program is focused on helping young entrepreneurs to grow their businesses by training and funding them to execute a bigger business.
How to apply for the Tony Elumelu Grant all you have to do is follow the website below and apply.
The website is tefconnect.com