His Excellency, Tony O. Elumelu, Chairman of Heirs Holdings and Transnational Corporation of Nigeria (TCON), co-founder of The Tony Elumelu Foundation (TEF) in 2014. The man has an indelible mark on the global scene; one which will forever be etched in history as the beginning of high-impact entrepreneurship in Africa’s economy.
About the Tony Elumelu program
In 2009, business magnate and philanthropist Tony O. Elumelu founded The Tony Elumelu Foundation (TEF) with a mission to transform Africa through entrepreneurship. Tony Elumelu
That same year, TEF launched its signature entrepreneurship program in Nigeria, leading to over 1,000 businesses and generating an estimated $2 billion in sales for participating companies.
Programs were expanded to include Cameroon, Ghana and Senegal between 2011 and 2013.
How long is it?
The Tony Elumelu Foundation Entrepreneurship Program is an 8-week programme where participants get a chance to learn about business, develop entrepreneurial skills and network with fellow entrepreneurs.
The program will culminate in a Demo Day where participants will be able to showcase their ideas to investors and mentors.
The program runs from May 14 to July 16, 2023. It will consist of nine different modules including:
- Business and market overview
- Customer discovery and validation
- People development
- Operational planning for scale-up ventures
- Financial management for small businesses
- marketing for small businesses
- networking with investors and mentors
On June 15, 2023, it will culminate in a public pitching event where participants will showcase their business ideas to an audience of top professionals.
Why should you apply?
The Tony Elumelu Foundation Entrepreneurship Program is an incubator that has a proven track record of developing talent.
Some of our alumni have achieved exceptional success, such as Michael Otedola of Globacom, Anthony Obi who recently sold to Apple and a top Nigerian entrepreneur Musiliu Obanikoro.
If you have entrepreneurial skills and are willing to take calculated risks, then apply for TEEP today.
The Tony Elumelu Foundation Entrepreneurship Program (TEF) has changed numerous lives and is committed to finding and nurturing more entrepreneurs. If you want to apply, click and fill out the application form below.
What do they look for in applicants?
They look for individuals that have access to funding, solid entrepreneurial skills and a viable business idea. Applications are open to both university students and graduates.
To be eligible for application, you must meet any of these criteria.
Be an African citizen between 18 – 35 years old; or, if you are above 35 years old, have at least five years’ work experience in your field; and/or if you are above 35 years old but below 45 years old with less than five years’ work experience in your field
Have an undergraduate degree from a recognized institution; OR if you are above 45 years old with more than 10 years’ work experience in your field l
Have an undergraduate degree from a recognized institution.
Applying to the Tony Elumelu Foundation Entrepreneurship Programme is a quick and seamless process!
To apply click Here.
Highlights and success stories of participants
The Tony Elumelu Foundation (TEF) program is a global entrepreneurship program that provides hands-on training and funding to new and aspiring entrepreneurs across Sub-Saharan Africa. At its core, TEF aims to accelerate economic development in Africa by creating jobs and supporting local communities.
Through its annual flagship business plan competition, The Pitch, and a vast number of accelerator hubs and regional programs all over Africa, TEF has managed to positively impact hundreds of small-scale entrepreneurs all over Africa. This success has led it to be named as one of 10 organizations transforming Africa for good by BBC.