A great opportunity for young African entrepreneurs with transformative business ideas. Tony Elumelu Foundation has announced the acceptance of applications for the 2017 edition of the Tony Elumelu Entrepreneurship Program (TEEP). The Tony Elumelu Entrepreneurship Program is open to creative and passionate young entrepreneurs who dream to make their business grow and better their communities.
— Zion Oshiobugie (@zionoshiobugie) January 1, 2017
The Tony Elumelu Entrepreneurship Programme (TEEP) will make room for a 12-week intensive training session, mentoring and non-returnable seed capital of $5,000 and access to a $5,000 convertible loan for entrepreneurs. In this light, 1,000 entrepreneurs will be selected based on the viability of their idea, including: market opportunity; financial understanding; scalability; leadership and entrepreneurial skills demonstrated in the application.
In relation to eligibility, businesses must be profit oriented, 3 year old and based in Africa. Applicant must be at least 18 and a legal resident or citizen of an African nation. Women, French, Arabic and Portuguese speakers and business ideas from every region across Africa are also encouraged to apply.
Application deadline on March 1, 2017