“The Tony Elumelu Foundation, Partner of Choice on African Entrepreneurship”
The Tony Elumelu Foundation under it’s Flagship “TEF Entrepreneurship Programme” has committed $100 million through our founder’s endowment to identify, train, mentor and fund 10,000 entrepreneurs across Africa over 10 years. Every year 1000 TEF Entrepreneurs are selected from across the 54 African countries and after a rigorous online 12 week training program they are each given a non-returnable grant of $5000 as seed capital.
With over 150,000 applications in the first 3 years alone there is a unique opportunity for like minded organizations to partner with the Tony Elumelu Foundation in order select many more entrepreneurs yearly to be a part of the program. With access to the largest entrepreneurship ecosystem on the continent, our partners would be leveraging on our networks, extensive experience, as well as a tried and tested system that has been proven to produce maximum impact!
The goal is that 10,000 entrepreneurs will create 1 million jobs and generate $10 billion in additional revenue on the continent. With our strategic partners we can multiply these figures exponentially. To this end, an opportunity also exists for second tier funding by TEF Partners in the form of debt or equity financing for the High Growth Companies that make up our growing pool of TEF Alumni.
Join us in this exciting journey as we change the African narrative through empowering African Entrepreneurs and contributing to its economic development.
“LETS STOP TALKING AND LETS START DOING”