The Tony Elumelu Foundation (TEF), established in 2010, is an African private-sector-led philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent.
The Foundation’s long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.
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The TEF Entrepreneurship Programme identifies outstanding African entrepreneurs who have start-ups or business ideas with the potential to grow. The TEF Entrepreneurship Programme will be delivered in different phases as listed below:
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- Through the TEF Flagship Entrepreneurship Programme, the Foundation empowers African entrepreneurs and the entrepreneurship ecosystem across 54 African countries.
- The programme is opened to ALL entrepreneurs with businesses within 0 – 5 years. We encourage applications from businesses leveraging AI as well as green businesses.
The TEF Entrepreneurship Programme identifies outstanding African entrepreneurs who have start-ups or business ideas with the potential to grow. The TEF Entrepreneurship Programme will be delivered in different phases as listed below:
- Application Phase
- Training Phase
- Business Plan, Financials, pitch video Submission and Review Phase
- Seed Capital Phase;
- The 2025 TEF Entrepreneurship Programme Application will launch on the 1st of January to the 1st of March at Midnight. Applicants are required to complete the application by providing valid and accurate responses to all questions. Upon successful submission, a notification displaying the applicant's eligibility status will appear on the screen and will also be sent via email. A third party will review applications that meet the cut-off score.
