The Tony Elumelu Foundation (TEF) has announced the opening of applications for its 2025 entrepreneurship programmes.
In a statement on its website, TEF called for aspiring and existing entrepreneurs across Africa to apply. The foundation said applicants would receive training, mentoring, and non-refundable seed capital funding.
TEF introduced three programmes: the TEF Entrepreneurship Programme, the IYBA-WE4A Entrepreneurship Programme, and the Aguka Ideation Programme.
The flagship TEF Entrepreneurship Programme is open to all entrepreneurs across Africa with innovative business ideas or businesses not older than five years. This year, there is a special emphasis on businesses leveraging Artificial Intelligence (AI) and green initiatives.
The IYBA-WE4A Entrepreneurship Programme, launched in partnership with the European Union (EU) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), is for women entrepreneurs with green business ideas or existing green businesses in several African countries.
The Aguka Ideation Programme, launched in partnership with UNDP Rwanda and the Rwandan Ministry of Youths and Arts, supports young Rwandan entrepreneurs between 18-30 years with business ideas and offers a seed capital of $3000.
Method of Application
Applications should be submitted through TEFConnect, TEF’s proprietary digital hub, between January 1, 2025, and March 1, 2025.
Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.