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Tony Elumelu Foundation opens applications for its 2025 Entrepreneurship Programme

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Group Chairman, United Bank for Africa (UBA), Founder, The Tony Elumelu Foundation and celebrant, Mr. Tony Elumelu; Co-Founder, The Tony Elumelu Foundation (TEF), Dr Awele Elumelu; Daughter, Ego Elumelu; flanked by beneficiaries of the TEF Entrepreneurship Programme, at the symposium held to commemorate Elumelu’s 60th Birthday held at UBA House, Marina, Lagos.
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…The flagship TEF Entrepreneurship Programme is open to all entrepreneurs across Africa with innovative business ideas or existing businesses not older than five years

…The Tony Elumelu Foundation has trained approximately 2.5 million Africans since inception in 2010, and has invested over a US$100 million in training and funding African entrepreneurs

WED JAN 29 2025-theGBJournal|The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, announced today that applications for its 2025 Entrepreneurship Programmes are now open.

The TEF programme is open to aspiring and existing entrepreneurs from across Africa, and the Foundation has invited all to apply for a chance to receive world-class training, expert mentoring, and non-refundable seed capital funding to scale their businesses.

The Programmes Open for Application are:

-Tony Elumelu Foundation (TEF) Entrepreneurship Programme: the flagship TEF Entrepreneurship Programme is open to all entrepreneurs across Africa with innovative business ideas or existing businesses not older than five years. This year, there is a special emphasis on businesses leveraging Artificial Intelligence (AI) and green initiatives. Applicants must be at least 18 years old.

Aguka Ideation Programme: The Aguka Ideation Entrepreneurship Programme is a partnership with the Tony Elumelu Foundation, UNDP Rwanda and the Rwandan Ministry of Youths and Arts to support young Rwandan entrepreneurs between 18 -30 with business ideas with a seed capital of $3000, with the aim of nurturing and developing innovative concepts into viable enterprises.

-TEF Entrepreneurship Programme for Google: The Tony Elumelu Foundation has renewed its partnership with Google.org to empower African entrepreneurs with AI-integrated business training, in addition to mentoring and seed capital, to shift their perception towards embracing and adopting AI tools in their business operations.

Application Details:

-Platform: Applications are to be submitted through TEF’s proprietary digital hub, TEFConnect.

-Application Period: January 1, 2025 – March 1, 2025. Applicants are encouraged to complete and submit their applications well ahead of the deadline.

-Eligibility: Open to African entrepreneurs with scalable business ideas or existing businesses not older than five years. Applicants must be at least 18 years old.

The Tony Elumelu Foundation has trained approximately 2.5 million Africans since inception in 2010, and has invested over a US$100 million in training and funding African entrepreneurs, with millions benefiting.

The Foundation’s efforts have led to the creation of over 800 jobs and generated over US$4 billion in revenue.

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Access Pensions, Future Shaping
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