Tony Elumelu Foundation TEF Entrepreneurship Program. Apply and finish the web-based application 2022 at this point for Tony Elumelu Foundation Entrepreneurship Program 2022 For African Entrepreneurs – seed capital $5,000!
The application entry is open and tolerating entries until March 1.
Apply and finish the web-based application Tony Elumelu foundation entrepreneurship program 2022.
Tony Elumelu Entrepreneurship Program (TEEP) for Young African Entrepreneurs ($USD 5,000 in Funding)
TEEP is available to: Startups and Entrepreneurs from every one of the 54 African Countries – for Africans situated in Africa.
Worth: $100M for 10,000 Startups/Entrepreneurs
The Tony Elumelu Foundation (TEF), is currently tolerating applications for the Tony Elumelu Entrepreneurship Program (TEEP) ($100m Pan-African business venture drive ) for Young African Entrepreneurs with business thoughts that can change Africa.
Effective candidates will join the pattern of the TEF Entrepreneurship Program, TEF’s 10-year, $100 million obligation to prepare, coach and asset 10,000 African business visionaries in each African country.
Since beginning, the Program has helped almost 3,000 business people and made many positions across the landmass.
Tony Elumelu Entrepreneurship Program – TEEP –
Qualification Requirements
To be qualified for TEEP
Business should be situated in Africa
Business should be for benefit
Business should be 0-3 years of age’s
Candidates should be something like 19 and a legitimate inhabitant or resident of an African country
Advantages of the Tony Elumelu Entrepreneurship Program (TEEP)
The Program gives basic apparatuses to pioneering achievement, including:
Preparing: 12 weeks of concentrated preparing on setting-up and overseeing organizations
Coaching: A tutor will direct fruitful candidates in making a powerful field-tested strategy
Seed Capital: $5,000 in non-returnable seed capital and admittance to a $5,000 convertible advance
Tony Elumelu Entrepreneurship Program – TEEP – Funding
All business people who effectively complete the 12-week Start-up Enterprise Toolkit (learning) program, present a field-tested strategy for survey, just as required documentation and a business ledger will fit the bill for the principal stage non-refundable seed capital of $5,000.
Subsidizing Options of the Tony Elumelu Entrepreneurship Program (TEEP)
All new businesses who effectively complete the program will be qualified for financing.
There are two phases of subsidizing accessible to new businesses:
First stage seed capital financing of $5,000 – a non-returnable venture scattered at the 12-week fire up big business toolbox (learning) program, upon accommodation and audit of a strategy. Kindly see Terms and Conditions for explanation.
Second stage capital ‘venture’ of $5,000 – for qualifying new companies that have advanced their marketable strategies adequately. This is organized as a convertible advance.
Passing judgment on Criteria – Tony Elumelu Entrepreneurship Program
- TEEP
All applications will be decided on 5 center rules, which are:
Practicality of the business thought.
Market Opportunity: information and comprehension of the market, clients and contenders for their thought/business.
Monetary Understanding: comprehension of the fundamental monetary necessities of maintaining a business, expenses and incomes.
Adaptability: Demonstrates potential for replication and development of their item or administration to make occupations and abundance.
Authority Potential and Entrepreneurial Skills: Demonstrate administration potential, equipped for drawing in individuals, clients and assets.
1,000 business people will be chosen dependent on the practicality of their thought, including: market opportunity; monetary arrangement; versatility; and initiative and pioneering abilities exhibited in the application.
For more data, application details about Tony ELUMELU Foundation TEF and how to apply for Tony Elumelu Foundation Entrepreneurship Program 2022 For African Entrepreneurs – seed capital $5,000, Funding For young Africans 2022.
