OUR APPROACH
The TEF Business Management Training
TEF Business Management Training is self-paced curriculum designed to equip start-ups with the basic skills required to launch and run their businesses at the early growth stage. It covers critical topics, including starting and expanding a business, business development, marketing strategy, effective management, and product design.
TEF Pitching Competition
As part of the programme cycle, after the TEF Business Management Training, top –
performing participants are shortlisted to pitch their ideas virtually to a panel of judges
Meetups
The meetups serve as an opportunity for the Foundation to engage with its alumni, gather valuable data about the progression of their businesses, and spread awareness about other TEF programming and follow-on opportunities.
TEF Entrepreneurship Forum
The largest gathering of Pan-African entrepreneurs brings together TEF entrepreneurs, political leaders, policymakers, business leaders, investors, development finance institutions, media, and other entrepreneurs and decision makers within the entrepreneurship ecosystem to Abuja, Nigeria.
Due Diligence & Seed Capital Disbursement
As part of our due diligence process, the top candidates who complete the training programme are required to provide their valid government approved identification card, business registration documents, and valid business account details. These documents are sighted and validated by the beneficiary bank. The process enables us to conduct a thorough KYE (Know Your Entrepreneur) procedure and confirm that they do not pose reputational risks to the Foundation or our Partners. With the provision of required documentation, business bank account verification, and the successful scaling of the pitching component entrepreneurs qualify for the non-refundable grant funding of US$ 5,000.
Alumni Network
The alumni network comprises all Tony Elumelu Foundation entrepreneurs who have completed the 12-week training programme. The online and offline network helps to provide additional access to investors, partners, linkages, and market visibility
Mentoring
TEFConnect serves as our technology-enabled platform for access to world-class mentors from Africa and the world. The mentors have faced similar challenges and can steer Tony Elumelu Foundation Entrepreneurship Programme start-ups and micro, small, and medium enterprises
on a successful path.
