Tony Elumelu Foundation’s Commitment to Cultivating Young African Entrepreneurs in 2025
Financial Support Structures of the Tony Elumelu Foundation Programs
The Tony Elumelu Foundation Programs for African Entrepreneurship, are now open for applications for 2025. This is a unique opportunity to secure $5,000 in seed capital, providing essential support to launch or grow your business.
Participants will benefit from comprehensive business training designed to equip you with the skills and knowledge needed to thrive in today’s competitive landscape. You’ll also have the chance to connect with valuable networks and receive mentorship from experienced professionals who can guide you on your entrepreneurial journey.
Please note that applicants are advised to apply to only one program. We encourage you to carefully review the program descriptions and select the one that aligns best with your entrepreneurial vision and business goals.
Don’t miss out on this incredible opportunity—apply today and take a significant step toward realizing your entrepreneurial dreams!
Programs and Eligibility Criteria
1. TEF Flagship Entrepreneurship Programme
This is one of the programs offered by the Tony Elumelu Foundation. Below are the requirements:
- Applicants must be at least 18 years old.
- The program is open to all entrepreneurs across Africa.
- Accepting applications for both new business ideas and existing businesses.
- Encourages businesses that leverage artificial intelligence (AI).
- Promotes green businesses focused on sustainability.
- For existing businesses, registration must not exceed five years at the time of application.
2. IYBA-WE4A Entrepreneurship Programme
The IYBA-WE4A Entrepreneurship Programme is dedicated to women participating in the Tony Elumelu Foundation programs. To be eligible, one must meet the following criteria:
- Applicants must be at least 18 years old.
- Exclusively for women entrepreneurs.
- Open to green business ideas.
- Accepting applications for existing green businesses.
- Available in Senegal, Tanzania, Uganda, Cameroon, Kenya, Mozambique, Malawi, and Togo.
- For existing businesses, registration must not exceed five years at the time of application.
3. Aguka Ideation Programme
The Aguka Ideation Programme, part of the Tony Elumelu Foundation, focuses on the business idea stage and offers opportunities for startups that meet the following eligibility criteria:
- Applicants must be aged 18-30.
- Open to Rwandan entrepreneurs.
- Focused on businesses in the idea stage.
- Applicants must be between 18 and 35 years old.
- Open to entrepreneurs with green businesses.
- Available in Nigeria, Senegal, South Africa, and for waste management businesses specifically in Kenya.
- For existing businesses, registration must not exceed five years at the time of application.
How to Apply for The Tony Elumelu Foundation Programs
As you prepare to apply for the TEF Entrepreneurship Programme, here are some key details to keep in mind:
- Submit your applications at [www.tefconnect.com].
- Applications are open from January 1st to midnight on March 1st, 2025.
- Ensure you complete your application well ahead of the deadline.
- Take the time to review and finalize all details before you submit!
Feel free to visit the TEF official website HERE.
You Can Also View some opportunities HERE
The MasterCard Foundation Scholarship is also available for viewing here.
