2024 TEF: Tony Elumelu Foundation Entrepreneurship Program For African Entrepreneurs (seed capital $5,000)
Tony Elumelu Foundation TEF Entrepreneurship Program. Apply and finish the web-based application 2024 at this point for Tony Elumelu Foundation Entrepreneurship Program 2024 For African Entrepreneurs ( seed capital $5,000)
The application entry is open and accepting entries until March 1
Since 2015, the TEF Entrepreneurship Programme – the only African-funded entrepreneurship catalyst of its kind – has empowered 15,847 African entrepreneurs with non-returnable seed capital of $5,000 each; twelve weeks of business management training; access to experienced mentors; and membership to Africa’s largest entrepreneurial ecosystem.
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 accepting 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.
2024 TEF 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 2024 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.
- 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.
Judgment on Criteria – Tony Elumelu Entrepreneurship Program
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.
For more information or more application details about Tony ELUMELU Foundation TEF and how to apply for 2024 TEF: APPLY NOW FOR $5000 IN THE 2024 TONY ELUMELU FOUNDATION ENTREPRENEURSHIP PROGRAMME!
VISIT TEF APPLICATION PORTAL | ABOUT TEF | TEF FORUM
For timely and daily Updates Join our social Media groups Whatsapp 1 , Whatsapp 2 , Whatsapp 3, Whatsapp 4 Whatsapp 5 , Whatsapp 6 , Whatsapp 7 , Whatsapp 8 , Whatsapp 9, Whatsapp 10, Whatsapp 11, TELEGRAM 1 , TELEGRAM 2 CHANNELS
