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Monday 4 February 2019

Application For Tony Elumelu Foundation Entrepreneurship Program 2019 is Open

1000 entrepreneurs, 1000 ideas/businesses with $5000 per cohort by the Tony Elumelu Foundation, 2019.
The Tony Elumelu Foundation has open the 5th Entrepreneurship program application was opened since the 1st of January, 2019. The application is hosted on the largest digital networking platform for African entrepreneurs, TEFConnect

On the 1st January, 2019 at 12 am, the Tony Elumelu Foundation began accepting applications for the fifth cycle of its Entrepreneurship program. 1,000 selected applicants will join the current 4,470 beneficiaries of the program.

Since 2015, the Tony Elumelu Entrepreneurship Program, an African made funding entrepreneurial catalyst of its kind has empowered 4,470 African entrepreneurs with seed capital of $5000 each, 12 weeks of accelerated online business training; a first-hand touch with experienced mentors; and membership of Africa's largest entrepreneurship ecosystem.

Beneficiaries of the program have been profiled in global media, Forbes(Africa). They have attracted the attention of investors as well as have been recipients of awards including the Google Impact Challenge and Chivas' "The Venture" for social entrepreneurs.

The Entrepreneurship program has facilitated exchange between African entrepreneurs and local and global public sector leaders, investors and development partners, scaling their opportunities, showcasing their innovation and forging ways to strengthen the business environment in Africa.

The Tony Elumelu Foundation launched the TEF Entrepreneurship program, its $100 million flagship program to identify over a period of 10 years, 10,000 African startups and entrepreneurs with ideas that have the potential to transform the African continent. Its goal is to invest in businesses that can generate at least 1,000,000 new jobs and contribute at least $10 billion in new annual revenues across Africa.

The TEF Entrepreneurship Program is open to citizens and legal residents of all African countries, who run businesses based in Africa that are less than three years old. Business ideas that are yet to launch are also encouraged

The 2019 applications have been hosted on this largest digital networking platform for African entrepreneurs-TEFConnect. Follow this LINK TO APPLY . Last year 2018 more than 25 Cameroonians made it.

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