Apply for 2024 Tony Elumelu Foundation Entrepreneurship Program
The Tony Elumelu Foundation Entrepreneurship Program (TEFEP) is an annual event created to empower young
African entrepreneurs. Here, we will guide you on how to apply for TEFEP in 2024.
The Tony Elumelu Foundation (TEF), as the name implies, is an organization established by the popular Nigerian
philanthropist Tony Onyemaechi Elumelu in 2010. It operates in 54 African countries, and since its inception, the foundation has assisted approximately 9,038 business owners across Africa.
The foundation set a record by supporting this number of entrepreneurs through its entrepreneurship programs, all of whom own their businesses.
TEFEP is actually an empowerment program whose assistance to both male and female folks in the black race (Africa) is recognised. Its unique purpose include but not limited to;
- Enhancement of Economic growth in Africa.
- Effective eradication of poverty.
- Creating Jobs among African youths.
As a result of the global outbreak of Covid19 in the year 2020, the economy in Africa, and the world at large was greatly affected. Hence, the 2024 edition is tagged “The Economic recovery of SMEs”.
Eligibility
All interested applicants must meet the following requirements;
- Having a business that is established in Africa.
- Engulf with a working business idea.
- Sole aim of the established business must be profit making.
- The business in question must not be more than three years old.
Aspiring beneficiary(ies) must reside in Africa, and shouldn’t be less than 18 years as at the time of applying.
How to Apply for Tony Elumelu Foundation Entrepreneurship Program
To apply for this program, interested applicants are to visit www.tefconnect.com to access the application form.
Possible Benefits
- An effective twelve weeks training, to give a clearer business orientation to entrepreneurs.
- Mentor its beneficiaries, which leads them to a greater height.
- Provide funds that can help to achieve a better capital, and generation of more funds.
- Provide a standard networking for businesses.
The registration for TEFEP started on the 1st of January 2024. While the registration process is ongoing, seize the opportunity by following the guidelines explained in this post.
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