
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
-
Nigerian pastor on the run after dead body is found buried in church
10 minutes -
‘State entities need to sit up’ — Policy analyst applauds GoldBod for trade report transparency
12 minutes -
Legitimate criticism, political commentary must not be criminalised – President Mahama
14 minutes -
GoldBod records GH¢3.78bn net supply gap payable to BoG for 2025 – Report
24 minutes -
GoldBod supplied GH¢128.5bn worth of gold to BoG in 2025 – Report
28 minutes -
Volta Region in line for garment factory after Savelugu project – Eximbank CEO
31 minutes -
MP status does not place anyone beyond law – EOCO on Manhyia South MP’s attempted arrest
43 minutes -
Chief Justice must examine arrests of suspects on court premises – Afenyo-Markin
45 minutes -
Black Stars arrive in Bouake ahead of Cote d’Ivoire clash
50 minutes -
We’ve identified two persons who allegedly helped Manhyia South MP escape arrest – EOCO
55 minutes -
Manhyia South MP declined two invitations in February, attempted arrest was lawful – EOCO
1 hour -
Bosomtwe Assembly ultilises PWDs fund to empower over 30 PWDs with start-up kits
1 hour -
Nkrumah’s ideas must be given practical meaning – P.L.O. Lumumba
1 hour -
Disproportionate arrests over criticism may create ‘undeserving martyrs’ – Mahama
1 hour -
“This is an abuse of power” – Minority slams EOCO over attempted arrest of Manhyia South MP
1 hour