How To Apply And Resolve Application Issues for the Tony Elumelu Entrepreneurship Programme $5000 Grant 2024

How To Apply And Resolve Application Issues for the Tony Elumelu Entrepreneurship Programme $5000 Grant 2024

How To Apply for the Tony Elumelu Entrepreneurship Programme $5000 Grant 2024 and Resolve Application Issues

How To Apply for the Tony Elumelu Entrepreneurship Programme $5,000 Grant 2024 and Resolve Application Issues | Are facing challenges applying for Tony Elumelu Foundation Grant? Here are the simple steps to rectify the issues as instructed by the foundation.

What Is Tony Elumelu Foundation Entrepreneurship Programme Grant?

The Tony Elumelu Foundation is a non-profit empowerment organization dedicated to introducing African youths to the entrepreneurial world so that they can become an engineering force for the continent’s DEVELOPMENT.

The foundation, backed by Tony Elumelu investment company heirs holdings, is currently active in all 54 African countries and has empowered at least 9000 young entrepreneurs since its launch in 2015. The foundation typically selects its candidates from a host of applications received from all 54 Africa countries. The selected candidates are then trained and mentored throughout a 12-week program.

At the end of the program, the finalists are then funded with a non-refundable first stage seed capital of $5000 to start up their proposed business. A second stage returnable investment will then be made open to candidates whose businesses turned out successful.

Eligibility TEFconnect  entrepreneurship program;

  • Interested applicants will business idea r existing Business from 0 to 5 years
  • The business idea or business must be profitable.
  • TEF do not fund NGO or Not-For-Profit Organizations
  • The applicant must be an African entrepreneur or Aspiring Entrepreneur that has a business idea or business based in Africa.
  • All for-profit business are eligible regardless of the business sector (e.g Agriculture, EduTech, School business, Laundry business, Car Wash business, Trading, Retailing, Manufacturing or any other business sector are eligible)
  • Your Businesses or business ideas must be able to create employment.

Documents Required While Apply For TEF 2024

When filling the application form on TEFConnect, you will be required to upload the documents below. Also, please ensure to use valid phone numbers that are on WhatsApp to apply to the programme.

The documents are:

  • Valid Government-issued Identification- This applies to everyone.
  • Official Business Registration Certificate- Businesses already operational
  • Official Evidence of Business Ownership- Businesses already operational
  • Official Evidence of Directors- Businesses already operational
  • Official Consent by Partners to apply- This applies to businesses with partners

ALSO APPLY: Fully Funded UNSW Scholarships in Australia 2024 | Free Apply Online To University of New South Wales

Selection Process and beneficiaries.

  • Following the closure of applications, shortlisted candidates will be notified and would have to undergo business training.
  • Selected candidates will also have to prepare and submit a viable business plan.
  • Entrepreneurs with the best performance during the 12 weeks of training will undergo a pitching phase in the 54 African countries.
  • After the pitching phase, the Top entrepreneurs will receive a non-refundable seed capital of $5,000 (five thousand dollars)
  • The beneficiaries will then be announced at the TEF Forum and have their success pasted on the TEFconnect website.

ALSO APPLY: Call for Applications: Impact Toolbox Youth in Development Fellowship 2024

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