2022 Tony Elumelu Foundation Entrepreneurship Programme $5000 Grant For African Entrepreneurs
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs across all 54 African countries; has opened applications for the 2022 TEF Entrepreneurship Programme.
Since 2015, the TEF Entrepreneurship Programme; the only African-funded entrepreneurship has empowered 15,847 African entrepreneurs; with non-returnable seed capital of $5,000 each including twelve weeks of business management training; access to experienced mentors, and membership to Africa’s largest entrepreneurial ecosystem.
According to 2015 Tony Elumelu Entrepreneur, Hauwa Liman; female business owner and Founder of Afrik Abaya: “I am always proud to say that I am from the inaugural cohort of the Tony Elumelu Foundation Entrepreneurship Programme. My business is located in Kaduna, in northern Nigeria.
I benefitted from this Programme in 2015, and it opened up lots of doors and opportunities. It is not just about the seed capital, but what really fascinates me about the Programme is the knowledge. I call it a mini-MBA programme; because from the ideation stage it teaches you how to really articulate your business; and it gave me first business plan.
In 2021, the Tony Elumelu Foundation disbursed USD$24.75 million to 5000 African entrepreneurs across Africa for its 2021 Entrepreneurship Programme. The Foundation’s Entrepreneurship Programme remains one of the largest private sector; responses to driving the economic recovery of African youth; women and SMEs given the effects of the COVID-19 pandemic across Africa.
Commenting on the launch of the 2022 TEF Entrepreneurship Programme; CEO of the Foundation, Ifeyinwa Ugochukwu shared; “We are constantly blown away by the quality of businesses that come from Africa every year. This motivates us to scale our efforts to empower even more entrepreneurs on continent.
African entrepreneurs with business ideas or existing businesses under 5 years, are encouraged to apply now for $5000 seed capital, mentorship, business management training and more on the 2022 Tony Elumelu Foundation Entrepreneurship Programme.
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