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TEF opens portal for 2018 entrepreneurship application

THE Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa. The programme, in its 4th cycle, is TEF’s 10-year, $100 million commitment to identify, train, mentor and fund10,000 African entrepreneurs by 2024.

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, which provides access to the largest network of African start-ups and TEF’s own global contacts. The deadline is 1st March 2018.

TEF founder, Tony O. Elumelu, 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.”

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