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Calling Startup African Entrepreneurs: Apply for the 2020 Tony Elumelu Foundation Entrepreneurship Programme

LAGOS, Nigeria, Jan. 5, 2020 /PRNewswire/ --
Calling Startup African Entrepreneurs: Apply for the 2020 Tony Elumelu Foundation Entrepreneurship Programme


Sixth Year of Programme and Tenth Anniversary of Foundation see Significant Enhancements to the TEF Entrepreneurship Programme



Creating a Personalised Entrepreneurship Journey for Applicants and Greatly Increased Access to Programme and Knowledge Base



Applications made through TEFConnect, Africa's largest digital entrepreneurship network

The Tony Elumelu Foundation (TEF) has opened its application portal (www.tefconnect.com) for applications from African entrepreneurs across all African countries, for the 2020 cohort of the Tony Elumelu Entrepreneurship Programme. In 2019, 3,050 African entrepreneurs benefited from the Programme, a number which will meaningfully increase in 2020.AThe TEF Entrepreneurship Programme is open to startup entrepreneurs, with innovative business ideas or businesses that have been in existence for less than 3 years, in any sector, from across Africa.AThe Programme is the $100 million commitment by African investor and philanthropist, Tony O. Elumelu to empower 10,000 entrepreneurs in 10 years, with the goal of creating millions of jobs and new revenue on the continent.AThe programme implements Mr Elumelu's Africapitalism philosophy, which positions the private sector as the catalyst for African economic transformation, and an investment approach that values the creation of both social and economic wealth.In commemoration of its 10th year anniversary, the Foundation will announce further enhancements to the Programme, providing additional benefits to Africa's rapidly growing youth demographic.AThe changes in the 2020 TEF Entrepreneurship Programme emphasise a personalised entrepreneurship journey for every applicant and opening the platform to ensure a higher number of people trained, amplifying the Programme's impact and reach. In just five years, the Programme has empowered over 9,000 beneficiaries from all 54 African countries, with training, mentorship and seed funding.
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