
The Tony Elumelu Entrepreneurship Programme 2017: Do you have a business in any of the African countries?
Now is your time to receive the mentoring, training and funding you need to make your business soar via #TEFP2017 – offering 10,000 aspiring African Entrepreneurs an opportunity to benefit from $100 million grant to create 1,000,000 jobs and contribute $10 billion in annual revenues to Africa’s economy over the next 10 years.
Application Period: Interested entrepreneurs will be able to submit their applications to join the programme as from 1st January 2017 until Midnight WAT on March 1, 2017.
Offered annually? Yes. For a period of 10 years
Opportunity is open to: All citizens (18 and above) and legal residents of all African countries with businesses that operate in Africa.
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Nigerian billionaire investor and philanthropist Tony Elumelu has committed $100 million to create 10,000 entrepreneurs across Africa over the next 10 years. Elumelu made the commitment on Monday during a press conference in Lagos to announce the launch of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP).
TEEP, a Pan-African entrepreneurship initiative of the Tony Elumelu Foundation, is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.
Number of Entrepreneurs: There are 1,000 positions available annually for 10 years
Programme Type: Funding for African Entrepreneurs.
Value of Programme: The 10,000 start-ups selected from a pool of applicants across Africa will participate in a comprehensive programme which will include;
# A customized 12-week business skills training course
# Start-Up Enterprise Toolkit
# Mentoring
# Resource Library
# 2-Day Boot Camp
# Seed Capital Funding
# Elumelu Forum
# Alumni Network
Duration of Programme:
The programme will identify and help grow 10,000 start-ups and young businesses from across Africa over the next 10 years. These businesses will in turn create 1,000,000 new jobs and contribute $10 billion in annual revenues to Africa’s economy.
How to Apply:
All applications must be submitted online through the TEEP Portal. Answer a series of mandatory questions (including personal information such as your name, date of birth and language proficiency.
Please fill in the questions accurately, and where possible use your official government name (e.g. on your passport) and upload additional documents and identification materials. You will receive a confirmation email within 1 working day of submission.
For more information and details about the program, including eligibility and the application and selection processes are available on the Tony Elumelu Foundation website at: www.tonyelumelufoundation.org/TEEP.
Sponsors: Tony Elumelu Foundation
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