New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

Big StoryEventsNewsRandom

Call For Application: Tony Elumelu Foundation Entrepreneurship Programme 2023 – $5000 Seed Funding For African Entrepreneurs

1 Mins read

For many startups, funding may be the only way to get them really started in setting their vision on course and actualizing their many mission statements.
Beyond having a startup capital to begin, a business startup needs all the support it can get to grow thick feathers to start and remain in flight within the business space.

Africa is indeed evolving and out to meet the global demands in various sectors and industries. Over the last 10 years, there has been a surge in African startups springing from all parts of Africa, making marks in the global market and catching up with the rest of the world by surprise faster than we ever dreamt possible.

The secret behind the increase in African startups beyond the ingenuity of Africans can be attributed to the unrelenting efforts of TEF (Tony Elumelu Foundation) which will stop at nothing in funding African startups annually to rise above limits.

The Tony Elumelu Foundation (TEF) is one of the major pioneers of African entrepreneurship. TEF is driven by the core objective of empowering men and women across Africa to attain enviable economic growth, reduce poverty, hence encourage job creation. TEF believes that the private sector is the soul of Africa’s development therefore must be equipped to create both social and economic prosperity.

TEF Entrepreneurship Programme
TEFEP is an annual entrepreneurship funding open to all 54 African nations. TEF is offering a non-refundable seed funding of $5000 to profitable business ideas or to young businesses operational for no more than 5 years.

TEF Entrepreneurship Programme for the year 2023 commenced on the 1st of January 2023 and is open to all eligible applicants.

Requirements For Application
1. Applicants must be below 18 years of age before application.

b. All businesses must be an early startups, within the age range of 0 to 5 years.

Benefits Of The TEF Entrepreneurship Program
a. Non-refundable seed funding of $5,000

b. 12 weeks of world-class business training.

c. Access to over 15,000 entrepreneurs across Africa via the TEF Alumni network.

d. Access to mentoring and networking opportunities via Africa’s largest digital platform for entrepreneurs,
Click to Apply

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

359 posts

About author
We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
Related posts

Electric Revolution: Powering A Cleaner World

2 Mins read
If you noticed there seems to be a unprecedented shift from the normal to what we have accepted as the new normal….

Flutterwave suffers another major security breach, loses billions

1 Mins read
Nigerian fintech unicorn, Flutterwave, has suffered yet another devastating security breach, with unknown perpetrators illegally diverting billions of naira into unauthorized accounts…

Nigeria to open Startup House in San Francisco Tech Hub

1 Mins read
The Nigerian government is making a bold move to establish a stronger presence in the global technology scene. The Federal Executive Council…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here -

Leave a Reply