The Tony Elumelu Foundation (TEF) is delighted to announce the launch of its 2024 Entrepreneurship Programme (TEEP), presenting a compelling opportunity for small and medium-scale enterprises (SMEs) and young African entrepreneurs to flourish in the post-pandemic economic landscape. With a proven track record spanning over a decade, the programme extends a comprehensive package to successful applicants, encompassing business training, mentorship, non-refundable seed capital of up to $5,000, and global networking opportunities.
TEEP 2024: A Pan-African Opportunity
The primary objective of TEEP 2024 is to identify and support high-potential entrepreneurs from across Africa and from all sectors. The programme welcomes both new startups and established young businesses, irrespective of industry. Its focal point transcends financial support, encompassing the provision of skills, knowledge, and networks requisite for global success.
Tailored Training to Unlock Potential
TEEP offers customised training tailored to address the specific challenges encountered by African entrepreneurs. This process unfolds in phases, commencing with the application, followed by training, and culminating in the submission of a business plan. Successful candidates who complete the training and submit a compelling business plan will have the opportunity to participate in a pitching competition to showcase their innovative business ideas. Irrespective of the pitching stage outcome, all participants will receive a training completion certificate, signifying their achievement.
A Deadline and a Commitment
The application deadline is set for the 1st of March 2024, and aspiring entrepreneurs are encouraged to submit their applications through the official TEF website. TEEP embodies not only an economic stimulus but also a vision for a sustainable and prosperous future for Africa. With a commitment of over $100 million, TEF has empowered more than 15,000 young African entrepreneurs, demonstrating its dedication to nurturing entrepreneurial talent and propelling economic growth across the continent.
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