The Tony Elumelu Foundation Entrepreneurship Programme â€“ TEEP â€“ to offer 10,000 aspiring African Entrepreneurs an opportunity to benefit from $100 million grant to create 1,000,000 jobs and contribute $10 billion in annual revenues to Africaâ€™s economy over the next 10 years.
Offered annually?Â Yes.Â For a period of 10 years
Opportunity is open to:Â All citizens (18 and above) and legal residents of all African countries with businesses that operate in Africa.
Programme Type:Â Funding for African Entrepreneurs
Number of Entrepreneurs:Â There are 1,000 positions available annually for 10 years
Value of Programme:Â The 1,000 start-ups selected from a pool of applicants across Africa will participate in a comprehensive programme which will include;
- A customized 12-week business skills training course
- Start-Up Enterprise Toolkit
- Resource Library
- 2-Day Boot Camp
- Seed Capital Funding
- Elumelu Forum
- Alumni Network
Duration of Programme:Â The programme will identify and help grow 10,000 start-ups and young businesses from across Africa over the next 10 years. These businesses will in turn create 1,000,000 new jobs and contribute $10 billion in annual revenues to Africaâ€™s economy.
Method of Application:Â All applications must be submitted online through the TEEP Portal. Answer a series of mandatory questions and upload additional documents and identification materials. You will receive a confirmation email within 1 working day of submission.
More details about the program, including eligibility and the application and selection processes are available on the Tony Elumelu Foundation website at:Â www.tonyelumelufoundation.org/TEEP.
Scholarship Application Deadline:Â Interested entrepreneurs will be able to submit their applications to join the programme as from 1stÂ January 2019 untilÂ Midnight WAT on 1st March, 2019.
Sponsors:Â Tony Elumelu Foundation