Tony Elumelu Foundation Entrepreneurship Programme 2024 Application Open

Motimagz
2 Min Read

Applications are now open for the Tony Elumelu Foundation Entrepreneurship Programme (TEEP). The 2024 TEEP intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities.

The Tony Elumelu Foundation which has over 12 years of impact is empowering a new generation of entrepreneurs in Africa through the TEF Entrepreneurship Program. Successful applicants will receive world-class business training, mentorship, up to $5,000 in non-refundable seed capital, and global networking opportunities. The program is aimed at entrepreneurs across Africa, including both start-ups and established young companies operating in all sectors.

Eligibility

  • Interested candidates must have existing innovative businesses in their 0-3 year formative phase or have a very viable business idea.
  • The business or business idea must also be profitable.
  • The applicant must be an African startup entrepreneur with a business idea or business based in Africa.
  • Applicants with businesses will be considered eligible as long as they meet the criteria, regardless of sector.
  • Applicants with businesses or those with viable business ideas must ensure the business can create jobs.

Selection Process and beneficiaries.

  1. Application Phase 
  2. Training &Mentorship Phase 
  3. Business Plan Submission Phase 
  4. Pitching Phase 
  5. Seed Capital Phase 

Application Deadline

  • Visit the official TEFconnect website www.TEFconnect.com and sign in.
  • At the Home Page, Click on “PROGRAMMES,” and click APPLY on the TEF 2024 Programme.
  • Fill in all the required information on the Application form as accurately as possible. Then click SUBMIT.
  • An eligibility status directing you TO CONTINUE OR NOT will be displayed on the screen and sent to your email.
  • If you are eligible, an email will be sent from the TEF team to direct you on how to commence your “TRAINING.”
Share This Article
Follow:
Motimagz Magazine is a wealth hub of business and personal development information, resources, real & practical advice, stories, and the beautiful face of Africa. We inspire and motivate Africans by sharing different success stories, knowledge, tips, interviews, and features across personal and business development.