Tony elumelu foundation 2022 tef entrepreneurship programme

The Tony Elumelu Foundation (TEF) Entrepreneurship Programme is an annual program that provides funding, training, and mentorship to entrepreneurs across Africa. Here are the details for the 2022 TEF Entrepreneurship Programme:

Application Period: March 1, 2022, to June 1, 2022

Eligibility Criteria:

  1. Be a citizen or permanent resident of an African country
  2. Be 18 years old or older
  3. Have a business idea or a business that is less than 3 years old
  4. Have a minimum of 51% ownership and control of the business
  5. Have a clear business plan and a strong potential for growth and scalability

Program Benefits:

  1. Funding: Successful applicants will receive a non-refundable grant of $5,000 to support the growth of their business
  2. Training: Participants will receive training and mentorship from experienced entrepreneurs and business leaders
  3. Mentorship: Each participant will be assigned a mentor who will provide guidance and support throughout the program
  4. Networking: Participants will have access to a network of entrepreneurs, investors, and business leaders across Africa
  5. Access to Markets: Participants will have access to markets and customers through the TEF's network of partners and stakeholders

Application Process:

  1. Register on the TEF website and create an account
  2. Fill out the application form, which includes providing information about your business idea, business plan, and personal details
  3. Upload required documents, including a business plan, ID, and proof of business registration
  4. Submit your application by June 1, 2022

Selection Criteria:

  1. Business idea and plan
  2. Entrepreneur's background and experience
  3. Market potential and scalability
  4. Financial management and sustainability
  5. Social impact and potential for job creation

Timeline:

  1. Application period: March 1, 2022, to June 1, 2022
  2. Shortlisting and review: June 2022
  3. Interviews and selection: July 2022
  4. Announcement of winners: August 2022
  5. Program implementation: September 2022 to December 2022

Important Notes:

  1. The Tony Elumelu Foundation is a non-profit organization, and the program is open to entrepreneurs from all 54 African countries
  2. The program is designed to support entrepreneurs who are committed to creating jobs and driving economic growth in Africa
  3. The application process is online, and all applications must be submitted through the TEF website

I hope this information is helpful! If you have any further questions or need more details, please let me know.