Tony Elumelu Foundation Announces Application for Entrepreneurship Program

0

Africa’s leading philanthropy dedicated to empowering African entrepreneurs, The Tony Elumelu Foundation has annouced applications for the 2021 TEF Entrepreneurship Programme on its TEFConnect digital platform.

YOU CAN ALSO READ: 6 Consumer Trends to Look Out For in 2021

This year’s program prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities.

To address the unique challenges arising from the pandemic, lift millions out of poverty and create sustainable employment across the continent, the Foundation’s Entrepreneurship Programme will empower 1,000 young African entrepreneurs, selected from the 2020 cohort.

The Tony Elumelu Foundation Opens Applications for 5th Cycle of $100m  Entrepreneurship Programme - The Tony Elumelu Foundation

The Foundation will also open applications to an additional 2,400 young entrepreneurs in 2021, in collaboration with global partners.

The Tony Elumelu Foundation, which celebrated ten years of impact in 2020, is empowering a new generation of African entrepreneurs, through the TEF Entrepreneurship Programme.  

Successful applicants receive a world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities.

The Programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses, operating in any sector.

CEO of the Tony Elumelu Foundation, Ifeyinwa Ugochukwu stated, “The Tony Elumelu Foundation now more than ever is demonstrating our commitment to unleashing the potential of young African entrepreneurs, the key to Africa’s long-term economic transformation.

Tony Elumelu Foundation to launch world's largest digital platform to  connect African entrepreneurs

The pandemic has created challenges across the continent, but we know that with the Tony Elumelu Foundation’s tried and tested Programme, we can execute the largest Covid-19 economic recovery plan for African SMEs and break the cycle of poverty in Africa.”

YOU CAN ALSO READ: Meet Noah Raford, The Man Behind Innovative Initiatives in Dubai

The Tony Elumelu Foundation’s $100million Entrepreneurship Programme, launched in 2015 to empower 10,000 entrepreneurs over 10 years, is now entering its 7th year and has empowered to date, over 9,000 young African entrepreneurs from 54 African countries.

Prospective applicants should apply on the digital networking hub for African entrepreneurs, www.tefconnect.com

 

 

Do you want us to share your enterprise and brand stories to the world on our platform for effective business leads and returns?

Kindly call this number, +2348063450905 or send an email to news@enterpriseceo.ng.

We will be glad to tell your impact stories.

Follow enterpriseceo.ng on Twitter and Facebook to join the conversation.