The Tony Elumelu Foundation (TEF) Entrepreneurship Grant for young Africans seeks to empower women and men across the African continent with $5000 each, catalyzing economic growth, driving poverty eradication, and ensuring job creation.
Applications for the 2025 edition of The Tony Elumelu Foundation Grant for African entrepreneurs have commenced.
Program Summary
- Host: Tony Elumelu Foundation
- Category: Training | Fellowships
- Eligible Countries: African Countries
- Reward: $5,000 | Business Training
- No IELTS required
- Deadline: February 28, 2025
Program Details
The Tony Elumelu Foundation Entrepreneurship Grant is a $5m fund which provides access to funding, market opportunities, knowledge enhancement, and technical training for women entrepreneurs in Africa.
The foundation was founded in 2010 by Tony O. Elumelu, CON, an entrepreneur, investor, and philanthropist who is passionate about Africa’s economic development.
For the 2025 round of application, the following programmes will be/are open(ed):
- TEF Flagship Entrepreneurship Programme: Open to all entrepreneurs across Africa with business ideas or existing businesses. Applicants must be at least 18 years old.
- IYBA-WE4A Entrepreneurship Programme: Open exclusively to women entrepreneurs with green business ideas or existing green businesses in Senegal, Tanzania, Uganda, Cameroon, Kenya, Mozambique, Malawi, and Togo. Applicants must be at least 18 years old.
- Aguka Ideation Programme: Open to Rwandan entrepreneurs with businesses in the idea stage and aged 18-30.
- BeGreen Africa Programme: This programme is open to entrepreneurs with green businesses in Nigeria, Senegal, and South Africa, as well as waste management businesses specifically in Kenya. Applicants must be between 18 and 35 years old.
Eligibility Criteria
To be eligible for this grants, applicants must:
- Be African entrepreneurs with startups or business concepts poised for growth.
- Be at least 18 years of age.
- Have a business idea or a running business.
Program Benefits
Successful applicants of this program will receive:
- Non-refundable seed funding of $5,000
- A world-class business training for 12 weeks
- Access to TEF Alumni network with over 15,000 entrepreneurs across’ Africa
- Mentoring and networking opportunities via Africa’s largest digital platform for entrepreneurs, TEFConnect.net.
How to Apply
To apply for this grants:
- Prepare business plan
- Gather necessary business documents
- Click HERE to begin application process
To apply for this scholarship, click HERE
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