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Entrepreneurship: TEF invites applications from budding start-ups

The Tony Elumelu Foundation (TEF) has urged budding entrepreneurs and start-ups across the African continent to apply for its entrepreneurship programme. A statement from the…

The Tony Elumelu Foundation (TEF) has urged budding entrepreneurs and start-ups across the African continent to apply for its entrepreneurship programme.

A statement from the Foundation on Wednesday said eligible entrepreneurs and business start-ups from any part of Africa can now apply to be considered for the programme, now in its 6th edition.

“The Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy focused on empowering African entrepreneurs — is looking for the most innovative business ideas across the African continent.

“You are eligible to apply if you have a business idea or a startup under 3 years of existence in any sector and in any country across Africa.

“You could be selected to join our current 9,631 beneficiaries across 54 African countries to receive:

  1. Business Training;
  2. Mentorship;
  3. $5,000 non-refundable seed capital;
  4. Global Networking Opportunities.

“The application portal opens January 1 and closes midnight, March 1, 2020,” the statement reads.

It urged prospective applicants to submit their application on its website.