Applications for Africa`s largest business incubator still open

Since the Foundation began accepting applications for the programme's 3rd cycle on January 1st, 235 South Africans have applied; this compared to 164 Botswanans, 351 Cameroonians, 429 Ghanaians, 613 Kenyans, and 16,096 Nigerians, among others. 

Until midnight, 1 March 2017, more Mzansi entrepreneurs with innovative ideas that can transform Africa, alongside like-minded industry peers from all 54 countries of the continent, can still apply by completing the online application form at www.tonyelumelufoundation.org/programme. (Free of cost).

Over a 10-year period, the TEF Entrepreneurship Programme has committed $100 million to identify, train and invest in 10,000 African entrepreneurs. The aim is to the create a million jobs, and $10 billion (revenue) in Africa’s economy - helping to build sustainable, home grown African companies, and create a Pan-African entrepreneurial ecosystem for intra-Africa connectivity, and trade through partnerships.

Notable 2015 and 2016 Milestones:

·       Provided training, mentoring and funding to 2,000 start-ups in 53 African countries, selected from over 65,000 applications.

·       Invested over $13 million, $10 million of which has is seed capital.

·       Gathered thousands of African entrepreneurs in Lagos, Nigeria.

·       Travelled across Africa, introducing the TEF entrepreneurs to political leaders at the highest levels of government.

·       Signed strategic partners including: the Nigerian Ministry for Information and Culture; ECOWAS; International Trade Centre; Microsoft to name but a few.

·       Produced a documentary film about the groundbreaking first year of the Programme which has since been viewed by more than 1 million people worldwide.

The TEF Entrepreneurship Programme is a flagship of the Tony Elumelu Foundation (TEF), founded by Entrepreneur and Philanthropist Tony O. Elumelu.