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
-
Machu Picchu train crash leaves one dead and dozens injured
2 minutes -
Heavy police presence in Sydney for New Year’s celebrations after Bondi attack
27 minutes -
Ghana not experiencing ‘dumsor’ despite occasional outages – Analyst
30 minutes -
ESLA stabilised energy sector but legacy debt remains major challenge – Analyst
31 minutes -
Peter Obi dumps LP, defects to ADC
51 minutes -
Proposed 5-Year Presidential Term Could Break Ghana Tradition of 8-Year Mandate
51 minutes -
Ghana Airways technical completion paves the way for a triple threat economic reset
59 minutes -
Cedi depreciation marked most disastrous period in Ghana’s economic management – Felix Kwakye Ofosu
1 hour -
Walewale, Bolgatanga police investigate deadly checkpoint shooting
1 hour -
Taxpayers to pay less under revised VAT structure from 2026 — GRA
1 hour -
Bullish Andre Ayew talks up NAC Breda challenge
2 hours -
Cybersecurity Authority warns public against festive season parcel delivery scams
2 hours -
Andre Ayew joins Dutch side NAC Breda till end of season
2 hours -
It’s fair to say that the gov’t has started well on economic management – Oppong Nkrumah
2 hours -
Mahama inherited the worst economic situation in Ghana’s history, supervised by the NPP – Felix Kwakye Ofosu
2 hours
