Audio By Carbonatix
On the heels of the 10th anniversary of the Tony Elumelu Foundation (TEF), the private-sector-led philanthropy focused on empowering African entrepreneurs has enhanced its flagship Entrepreneurship Programme to empower more entrepreneurs across the continent.
These enhancements, which took effect from January 1, 2020—the launch of the 6th cycle of the Programme—will achieve the Foundation’s mandate to transform the African continent through entrepreneurship.
Most prominent among the enhancements are the new dates in the Programme cycle, its emphasis on providing thousands of entrepreneurs with business training, and its focus on leveraging technology to optimise the application and selection process as well as personalise the journey of each applicant in the Programme tailored to their knowledge and business stage.
The Programme cycle has been updated to place more emphasis on getting more entrepreneurs through business training. Hence, the announcement of the finalists, who will ultimately be inducted into the TEF Alumni network, will no longer be held on March 22 but will be made at the TEF Forum – the largest entrepreneurship conference in Africa.
Maximising the value derived from the Programme, applicants will now receive instant feedback on their progress to the next stage of the Programme, following their applications.
Shortlisted applicants will receive business training tailored to their business stage and for those who move to the next stage mentorship and finally the top-performing entrepreneurs from each country will proceed to the business pitching competition, which will determine the finalists to receive seed capital and an induction into the Foundation’s fast-growing alumni network across 54 African countries.
The TEF Entrepreneurship Programme is the $100million commitment by investor and philanthropist, Tony O. Elumelu, CON through his investment company, Heirs Holdings.
The Programme has become a beacon of hope for African entrepreneurs, currently empowering 9,631 beneficiaries across 54 African countries with training, mentorship, seed funding and exclusive access to global opportunities as well as a strong entrepreneurial community.
TEF Alumni such as Kwabena Danso who manufactures bicycles and its accessories from bamboo, is one of the thousands of beneficiaries whose business has expanded beyond the shores of Africa to a global market, and is one of the success stories and impact recorded by the Programme's innovative approach to the sustainable development of Africa.
Mohammed Dhaouafi, TEF Alumnus from Tunisia with his affordable, 3D printed, bionic customiseable prosthesis.
Others include Mohammed Dhauoafi from Tunisia, founder of Cure, a 3D printed, biosynthetic prosthesis manufacturing company and Princess Adeyinka Tekenah from Nigeria whose coffee making business has been dubbed Africa’s Starbucks by The Financial Times.
The application for the 2020 cohort of the TEF Entrepreneurship Programme is open till March 1, 2020 on TEFConnect.com.
Princess Adeyinka Tekenah, TEF Alumnus from Nigeria with her locally sourced and processed coffee
Mohammed Dhaouafi, TEF Alumnus from Tunisia with his affordable, 3D printed, bionic customiseable prosthesis.
Others include Mohammed Dhauoafi from Tunisia, founder of Cure, a 3D printed, biosynthetic prosthesis manufacturing company and Princess Adeyinka Tekenah from Nigeria whose coffee making business has been dubbed Africa’s Starbucks by The Financial Times.
The application for the 2020 cohort of the TEF Entrepreneurship Programme is open till March 1, 2020 on TEFConnect.com.
Princess Adeyinka Tekenah, TEF Alumnus from Nigeria with her locally sourced and processed coffee DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Newsfile to discuss Charles Amissah’s death, PDS, NAFCO arrests, and press freedom under Mahama
27 seconds -
GRASAG backs Rent Control over hostel price hikes, calls for urgent gov’t intervention
25 minutes -
Man Utd’s Bruno Fernandes wins Football Writers’ men’s award
38 minutes -
Did the Bank of Ghana hide any losses?
50 minutes -
Medicine Society calls for fair process, cautions against blaming health workers in Amissah death report
54 minutes -
We remain committed to maintaining fiscal discipline to fast track BoG’s recovery – Seth Terkper
1 hour -
The Brotherhood: Panel exposes major red flags in male friendships
2 hours -
The Cost of Stabilising Ghana: Why the Bank of Ghana’s 2025 losses may be the price of macroeconomic recovery
2 hours -
Gold Fields, Ghana FA sign $5 million two-year sponsorship deal
2 hours -
From Blogging to Production: The growth of Alexander Fifi Abaka in Ghana’s media space
2 hours -
Abdul Rasheed Saminu, Azamati lead Ghana squad for African Athletics Championships
2 hours -
An encounter with Nana Addo brought me back to Ghana – Dr Osei Adutwum reveals
2 hours -
US jet fuel could be used in Europe to ease possible shortages
2 hours -
We cannot change vehicle ownership records without legal authority – DVLA
2 hours -
Dr Agyemang rejects Health Committee Chairman’s ‘resign’ comment, calls it unfortunate
2 hours