Applications are now open for the TEF Women Entrepreneurship For Africa (WE4A) Program. The “Women Entrepreneurship for Africa” (WE4A) program is an action jointly supported by the European Union (EU), the Organization of African, Caribbean and Pacific States (OACPS) and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by the Tony Elumelu Foundation (TEF), and the German Development agency GIZ (E4D program). It is focused on empowering underserved communities in Sub-Saharan Africa comprising of women, youth, and the informal sector. The Acceleration/Growth Programme will be implemented with support of SAFEEM (Swiss Association for Entrepreneurship in Emerging Markets).
Application Deadline: March 31st, 2024
The program’s objective is to strengthen women-led businesses’ ability to do business and raise further capital from private investors. Fifteen businesses that an expert panel determines have the most potential for growth will get additional grant cash up to €50,000 in addition to a growth program. There will be a three-month extension to this program.
Both the initial acceleration and the follow-on growth programs aim to support women entrepreneurs, in Sub-Saharan Africa, to flourish and contribute to employment creation in their communities through enhanced business capacities, access to formal financial services, and integration into local and regional value chains.
Requirements for THE TONY ELUMELU FOUNDATION (TEF) WOMEN ENTREPRENEURSHIP FOR AFRICA
- Female entrepreneurs from the TEF Alumni network.
- You should have a working product and ideally already have customers.
ACCELERATION PROGRAMME STARTUPS
The 100 TEF Alumna who are beneficiaries of this partnership were distributed into eight clusters based on their growth stage and sector, to provide a more personalised approach to the programme. Each cluster is led by an Entrepreneur in Residence (EiR) who provides mentorship and support throughout the programme.
- Agriculture 1
- Agriculture 2
- Consumer Products
- Eco-Friendly
- Education & Training
- Health
- Market Places
- Services
Program Details
- The program will last for 3 months of acceleration, and if you are selected, it will be followed by a growth program and technical assistance for an additional 3 months.
- Training and all related program activities will be delivered virtually via Zoom. There will also be an online program management and e-learning platform.
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