Tony Elumelu Entrepreneurship Programme
Home News News around Africa Apply for a $5,000 Grant Now as Tony Elumelu Entrepreneurship Programme Opens 
News around Africa - December 31, 2021

Apply for a $5,000 Grant Now as Tony Elumelu Entrepreneurship Programme Opens 

The programme a 10-year, US$100 million commitment to find, train, mentor and fund 10,000 African entrepreneurs by 2024.

The eighth edition of the Tony Elumelu Entrepreneurship Programme (TEEP) is now accepting applications. The programme has gained popularity across Africa for turning great ideas into thriving businesses. TEEP provides startups with training, mentorship and US$5,000 in funding.

The programme is an initiative of the Tony Elumelu Foundation (TEF),  a 10-year, US$100 million commitment to find, train, mentor and fund 10,000 African entrepreneurs by 2024.

You can apply for the latest edition which just opened. Successful candidates will get 12 weeks of rigorous online training, access to a world-class mentorship, and US$5,000 in seed financing to establish the concept, plus access to future investments. They will also have access to the TEF startup network.

According to TEEP, the initiative has aided over 15,000 African entrepreneurs by linking them with high-profile commercial and public sector professionals, investors, and advocates in order to raise their company profiles and expand their chances.

More on the Tony Elumelu Entrepreneurship Programme (TEEP)

Launched In 2015, The Tony Elumelu Foundation Entrepreneurship Programme TEEP is one of Africa’s largest philanthropic initiatives committed to empowering African entrepreneurs across the continent. 

TEEP is a brainchild of The Tony Elumelu Foundation (TEF), which was founded in 2010 by Nigerian entrepreneur, investor and philanthropist, Tony Elumelu. TEF is one of the leading entrepreneur support organisations in Africa.  Its goal is to empower women and men across the continent, thus driving economic growth, alleviating poverty, and increasing the employment rate. According to TEF the private sector’s involvement in Africa’s development is crucial generating both social and economic benefit.

TEF also states that TEF is Tony O. Elumelu personal commitment to developing a new generation of entrepreneurs, through his investment company, Heirs Holdings. TEF is active in all 54 African countries.

READ ALSO: Nigerian Startups that Passed the $100m Funding Mark in 2021 

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