The flagship entrepreneurship programme from the Tony Elumelu Foundation opens its application portal for entries at 12:01am WAT on January 1st 2015 and will continue
to accept applications until midnight WAT on March 1st 2015. In order to submit an application, entrepreneurs must complete the online application form with questions on their background, experience and business idea, plans for growth and proposed pan- African impact.
“Since the Tony Elumelu Foundation Entrepreneurship Programme was announced, we have been enthused by the level of interest and excitement from entrepreneurs
across Africa. We are looking forward to reviewing the entries and identifying the first cohort of the continent’s next generation of business leaders,” said Parminder
Vir OBE, Director of Entrepreneurship, The Tony Elumelu Foundation.
The $100 million programme, announced at the Tony Elumelu Foundation headquarters in Lagos, Nigeria, on December 1st 2014, will identify and support 1,000 entrepreneurs from across the continent each year over the next decade. The 10,000 start-ups and young businesses selected from across Africa will ultimately create one million new jobs and add $10 billion in annual revenues to Africa’s economy.
Watch Tony Elumelu’s New Year’s Message:
The Tony Elumelu Foundation Entrepreneurship Programme is open to citizens and legal residents of all 54 African countries. Applications can be made by any for-profit business based in Africa in existence for less than three years, including new business ideas. The application portal is available in English, French and Portuguese and applications will be accepted in these three languages.
At the launch, Tony O. Elumelu CON, the founder of the Tony Elumelu Foundation, spoke of his personal commitment to empowering African entrepreneurship, saying, “This programme is far more than a funding initiative or networking opportunity. It is an act of faith in our entrepreneurs and our young people to transform our continent; to be the engine for the creation of both economic and social wealth, putting into practice what I have called Africapitalism.”
Applications for the programme close on March 1st 2015 when they will be reviewed by the Selection Committee, whose members include:
The first cohort of successful applicants from across Africa will be announced on March 22nd, 2015. The 1,000 selected applicants will continue through the programme cycle for the course of the year. This includes an intensive online training curriculum and participation in an entrepreneurship boot camp.
To stay informed about The Tony Elumelu Foundation Entrepreneurship Programme, including the 2015 selection of African Entrepreneurs, follow @TonyElumeluFDN on Twitter and join the conversation #TEEP #AfricanEntrepreneurs.
Learn more about the program:
A 17-year-old migrant from Sudan, Abdul Usman, has attempted to cross the Channel from France…
Tatiyana, Danyelle LaShay, and Jyniah Smith -- the Smith sisters -- are some of the…
It's a full circle moment for mom Tangenicka "Tange" Williams and her daughter Chyna set…
Fat Joe is widely known for hits like Lean Back, All the Way Up, and…
Get to know Jordan Taylor; he is the founder of Vizcom, a software company that…
38-year-old Tanice Spence-Clarke was arrested and charged with child neglect without physical harm after police…
Janet Jackson might have wielded superpowers alongside Marvel's iconic heroes. But, it was Halle Berry…
A North Carolina mother wants a middle school teacher to be terminated after he allegedly…
In a recent interview with PEOPLE ahead of the release of her Curse You With…
Authorities in the United Kingdom have ordered the Jamaican government to pay the legal bills…
Pacers star Tyrese Haliburton has said that his little brother was subjected to racial abuse,…
Reggie Bush has regained his place as the 2005 Heisman Trophy winner after over a…
Since 2012, actor Nick Cannon has openly shared his struggle with lupus to support others…
Former USC superstar Caleb Williams has been drafted by the Chicago Bears as the No.…
Stephen A. Smith is an ESPN analyst. People widely regard him as the face of…