The Tony Elumelu Foundation (TEF) Entrepreneurship Grant is a yearly initiative aimed at empowering African entrepreneurs with seed funding, mentorship, and business training to catalyze economic growth, drive poverty eradication, and ensure job creation. Since its inception in 2010, the Foundation has been instrumental in supporting underserved communities in Africa.
Summary
Host: Tony Elumelu Foundation
Category: Training | Fellowships
Eligible Countries: African Countries
Reward: $5,000 in seed funding, business training, and mentorship
Deadline: February 28, 2025
Benefits
1. Seed Funding: Non-refundable $5,000 per entrepreneur.
2. Training: 12 weeks of world-class business training.
3. Networking: Access to TEF Alumni Network with over 15,000 entrepreneurs across Africa.
4. Mentorship: Guidance through Africa’s largest digital platform for entrepreneurs, TEFConnect.net.
Eligibility Criteria
Must be an African entrepreneur with a startup or a business idea poised for growth.
Minimum age: 18 years old.
Must have a business idea or an existing business.
Programmes Available for 2025
1. TEF Flagship Entrepreneurship Programme:
Open to all entrepreneurs across Africa.
Age: Minimum 18 years.
2. IYBA-WE4A Entrepreneurship Programme:
Exclusively for women entrepreneurs with green business ideas or existing green businesses in Senegal, Tanzania, Uganda, Cameroon, Kenya, Mozambique, Malawi, and Togo.
Age: Minimum 18 years.
3. Aguka Ideation Programme:
For Rwandan entrepreneurs with idea-stage businesses.
Age: 18-30 years.
4. BeGreen Africa Programme:
Open to green businesses in Nigeria, Senegal, and South Africa, and waste management businesses in Kenya.
Age: 18-35 years.
Application Process
To apply:
1. Visit the official application portal by clicking the link: Apply for TEF Grant 2025.
2. Complete the application form with the required details.
3. Submit your application before February 28, 2025.