Africa's largest business incubator, the Tony Elumelu Foundation (TEF), is accepting applications for its Entrepreneurship Programme for 2017, until 1 March.
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Since the Foundation began accepting applications for the programme's third cycle on January 1, 2017, 235 South Africans have applied; 164 Botswanans, 351 Cameroonians, 429 Ghanaians, 613 Kenyans, and 16,096 Nigerians, among others.
Until midnight, 1 March 2017, more entrepreneurs with innovative ideas that can transformAfrica, alongside like-minded industry peers from all 54 countries of the continent, can still apply by completing the online application form at www.tonyelumelufoundation.org/programme.
Over a 10-year period, the TEF Entrepreneurship Programme has committed $100 million to identify, train and invest in 10,000 African entrepreneurs. The aim is to the create a million jobs, and $10 billion (revenue) in Africa’s economy - helping to build sustainable, home grown African companies; and create a Pan-African entrepreneurial ecosystem for intra-Africa connectivity, and trade through partnerships.
Notable 2015 and 2016 Milestones:
Provided training, mentoring and funding to 2,000 start-ups in 53 African countries, selected from over 65,000 applications.
Invested over $13 million, $10 million of which is seed capital.
Gathered thousands of African entrepreneurs in Lagos, Nigeria.
Travelled across Africa, introducing the TEF entrepreneurs to political leaders at the highest levels of government.
Signed strategic partners including: the Nigerian Ministry for Information and Culture; ECOWAS; International Trade Centre; Microsoft; to name but a few.
Produced a documentary film about the groundbreaking first year of the Programme which has since been viewed by more than 1 million people worldwide.
The TEF Entrepreneurship Programme is a flagship of the Tony Elumelu Foundation (TEF), founded by entrepreneur and philanthropist Tony O. Elumelu.
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