The Tony Elumelu Foundation (TEF) will announce the beneficiaries of the 2021 TEF Entrepreneurship Programme at the official Selection Announcement event holding in Lagos, and streaming live online, on November 12.
The ground-breaking hybrid event will unveil 4,800 African entrepreneurs chosen from all 54 African countries who will be joining the 2021 cohort of the Foundation’s annual programme.
Every year on January 1st, the Tony Elumelu Foundation opens its application portal to African entrepreneurs with businesses of less than five years. This year’s beneficiaries have been chosen from a pool of over 400,000 applications, selected based on their innovative and impactful business ideas.
APPLY HERE : https://www.tonyelumelufoundation.org/
In line with the Foundation’s mission to catalyse entrepreneurship in Africa, the selected beneficiaries will consist of both new start-ups and existing young businesses in varying operational stages across different sectors.
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Commenting ahead of the Selection Announcement event, CEO Tony Elumelu Foundation, Ifeyinwa Ugochukwu, said this year, with support from its global partners, we will be empowering nearly 5000 entrepreneurs.
Through the US$100million TEF Entrepreneurship Programme which launched in 2015, the Foundation empowers thousands of entrepreneurs annually, who benefit from mentorship, business management training, and access to new markets, US$5,000 in non-refundable seed capital, and networking opportunities to promote their businesses to a global audience. Since the programme’s inception, TEF has trained over 1.5 million young Africans and funded over 10,000 entrepreneurs across all 54 African countries.