Dear African Entrepreneurs, Applications Are Now Open For The Tony Elumelu Foundation 5th Cycle Of $100m Entrepreneurship Programme

Applications for the 5th cycle of the Tony Elumelu Foundation Entrepreneurship Programme.
The African-funded and founded philanthropy programme committed to empowering African entrepreneurs. Last year the 4th Cycle drew over 150,000 applications from across the African continent.

The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. The Programme’s objective is to generate at least 1,000,000 new jobs and create at least $10 billion in new business revenue across Africa. Now in its 5th year, the TEF Entrepreneurship Programme has empowered 4,470 entrepreneurs, using a bespoke and robust selection, training and implementation process to create visible and sustainable impact across all 54 African countries.

The TEF Entrepreneurship Programme is open to citizens and legal residents of all African countries, who run for-profit businesses based in Africa that are no older than three years.

Applications will be judged based on criteria including: 
  • Feasibility, scalability and potential for growth of the product/service
  • Market opportunity for the idea/business
  • Financial understanding
  • Leadership potential and entrepreneurial skills

Deadline for applications submission:  March 1, 2019.
Apply on TEFConnect –

Good luck! 
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