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Tony Elumelu Foundation Urges African startups to enter 2020 Entrepreneurship programme

IT News Nigeria:

Application open at TEFConnect.com,

The Tony Elumelu Foundation (TEF) announced Monday it has opened application portal (www.tefconnect.com) for entrepreneurs across all African countries for the 2020 cohort of the Tony Elumelu Entrepreneurship Programme.

Speaking at the launch of the 2020 TEF Entrepreneurship Programme, Ifeyinwa Ugochukwu, CEO of the Tony Elumelu Foundation, said: “The transformation of Africa begins with empowering our young African entrepreneurs. With the recent enhancements made to our Programme and our growing list of partners, the Tony Elumelu Foundation is significantly increasing its impact across the continent.

“We encourage all startup African entrepreneurs across the 54 African countries to apply for the Programme, as we continue to empower the very best ideas that will create the much needed employment and revenue on the continent”.

The TEF Entrepreneurship Programme is open to startup entrepreneurs, with innovative business ideas or businesses that have been in existence for less than 3 years, in any sector, from across Africa.

The Programme is the $100 million commitment by African investor and philanthropist, Tony O. Elumelu to empower 10,000 entrepreneurs in 10 years, with the goal of creating millions of jobs and new revenue on the continent.

The TEF Entrepreneurship programme implements Mr Elumelu’s Africapitalism philosophy, which positions the private sector as the catalyst for African economic transformation, and an investment approach that values the creation of both social and economic wealth.

In 2019, 3,050 African entrepreneurs benefited from the Programme, a number which will meaningfully increase in 2020. 

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