Tony Elumelu Entrepreneurship Programme Invitation: Applications are currently ongoing for the Apply Now for Tony Elumelu Entrepreneurship Programme $100 million to create 10,000 African Entrepreneurs in 10 Years. Interested students can see the details and apply if eligible.
Tony Elumelu Entrepreneurship Programme Details and FAQs
- Tony Elumelu Entrepreneurship Programme Details and FAQs
Nigerian billionaire investor and philanthropist Tony Elumelu has committed $100 million to create 10,000 entrepreneurs across Africa over the next 10 years. Elumelu made the commitment on Monday during a press conference in Lagos to announce the launch of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP).
TEEP, a Pan-African entrepreneurship initiative of the Tony Elumelu Foundation, is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.
The Tony Elumelu Foundation Entrepreneurship Programme – TEEP – to offer 10,000 aspiring African Entrepreneurs an opportunity to benefit from $100 million grant to create 1,000,000 jobs and contribute $10 billion in annual revenues to Africa’s economy over the next 10 years.
When is the application period?
Interested entrepreneurs will be able to submit their applications to join the programme as from 1st January 2019 until Midnight WAT on 1st March, 2019.
Is the opportunity offered annually?
Yes. For a period of 10 years. Started in 2015.
Opportunity is open to:
All citizens (18 and above) and legal residents of all African countries with businesses that operate in Africa.
Programme What is the category of this opportunity?
Funding for African Entrepreneurs
Number of Entrepreneurs:
There are 1,000 positions available annually for 10 years
What is the value of the programme?
The 1,000 start-ups selected from a pool of applicants across Africa will participate in a comprehensive programme which will include;
- A customized 12-week business skills training course
- Start-Up Enterprise Toolkit
- Resource Library
- 2-Day Boot Camp
- Seed Capital Funding
- Elumelu Forum
- Alumni Network
How long will the programme last?
The programme will identify and help grow 10,000 start-ups and young businesses from across Africa over the next 10 years. These businesses will in turn create 1,000,000 new jobs and contribute $10 billion in annual revenues to Africa’s economy.
How to Apply for the Tony Elumelu Entrepreneurship Programme
All applications must be submitted online through the TEEP Portal. Answer a series of mandatory questions and upload additional documents and identification materials. You will receive a confirmation email within 1 working day of submission.
More details about the program, including eligibility and the application and selection processes are available on the Tony Elumelu Foundation website at: www.tonyelumelufoundation.org/TEEP.