Applications have opened for the seventh edition of the Tony Elumelu Foundation Entrepreneurship Programme (TEEP), which will provide startups with training, mentorship and US$5,000 in funding.
According to a preview on it’s website:
The Tony Elumelu Foundation Entrepreneurship Programme is a $100million commitment made by the Elumelu family to empower 10,000 African entrepreneurs over a 10-year period through, training, mentorship and funding. The goal is to create at least 1million jobs and contribute over $10billion in revenue to the African economy.
Through its flagship Entrepreneurship Programme the Foundation empowers African entrepreneurs and the entrepreneurship ecosystem across 54 African countries. The TEF training curriculum has been designed to segment entrepreneurs based on the demonstrated capability and knowledge.
The training has been tailored to educate and capacitise you in starting or growing your business to overcome the challenges faced by entrepreneurs across the African continent. The curriculum focuses on practical, iterative learning that is useful even long after the training period.
The programme, run by the Tony Elumelu Foundation (TEF), is a 10-year, US$100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs by 2024. The programme is currently in it’s seventh year.
Up until now, the programme has empowered over 9,000 African entrepreneurs, connecting them with high profile private and public sector individuals, investors and advocates to boost their business segments and scale their opportunities.
The programme application for 2021 opened on January 1st and will run till March 31st 2021.
NOTE: Completion of the training programme is a strict condition to moving forward to the submission and review of your business plan, participation in the pitching competition, and receipt of seed capital.