Celebrating a decade of considerable impact in 2020, the Tony Elumelu Foundation is committed to empowering you, the subsequent technology of African marketers, through the TEF Entrepreneurship Programme.
As a a success applicant, you may get hold of international-magnificence business education, mentorship, a non-refundable seed capital of up to $five,000, and unheard of worldwide networking possibilities.
You, as an entrepreneur from everywhere in Africa, whether going for walks a brand new begin-up or an existing younger commercial enterprise in any area, are invited to apply to the Programme.
Eligibility:
he Entrepreneurship Programme seeks out extraordinary African marketers such as you, who have begin-americaor enterprise ideas with enormous increase potential.
You’re eligible if you’re from any African united states.
Benefits
The training is custom-designed to empower you in launching or expanding your commercial enterprise, tackling the specific challenges faced by means of entrepreneurs across Africa.
The curriculum emphasizes realistic, ongoing studying that stays beneficial lengthy after the education ends.
Programme Phases
The TEF Entrepreneurship Programme TEEP 2024 will spread in diverse levels, as detailed underneath
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Application Phase
Training &Mentorship Phase
Business Plan Submission Phase
Pitching Phase
Seed Capital Phase
THE APPLICATION PHASE
This opportunity runs from January 1 to March 31.
After programs near, you, as an eligible applicant, will be assigned to a appropriate education direction as follows:
PREPARATORY
This indicates which you presently lack the skillset needed to begin a business.
You will participate within the widespread training on TEFConnect. However, you received’t be eligible for mentorship or seed capital.
START-UP/ BEGINNER
This indicates that you’re a amateur in business begin-up phrases.
You will interact in the novice education modules and feature get admission to to global-magnificence mentors for the duration of the programme.
INNOVATIOR/ INTERMEDIATE
This categorizes you as an intermediate entrepreneur.
You show super promise in turning into a successful entrepreneur.
You could be part of the Intermediate education modules and have the opportunity to hook up with world-magnificence mentors throughout the programme.
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DISRUPTOR/ ADVANCED
This shows which you are recognized as a natural or seasoned entrepreneur.
You can be engaged within the Advanced schooling modules and could have get right of entry to to international-elegance mentors during the programme.
Once you’re shortlisted and assigned to the right schooling path, you’ll be eligible to take part in our intensive enterprise education and mentoring classes.
Your progress can be monitored through a couple of preference questions.
You will participate in a virtual orientation application to apprehend extra approximately the technique, in which we are able to share timelines and sources to help you prevail.
If you’re some of the shortlisted marketers, you’ll benefit get right of entry to to join peer-to-peer help agencies.
As a shortlisted entrepreneur, you’re predicted to finish the commercial enterprise schooling and answer quizzes on the quit of every module.
After the training, you, as a shortlisted applicant, may have the hazard to broaden a marketing strategy.
THE BUSINESS PLAN AND FINANCIALS SUBMISSION PHASE
At the belief of the TEEP 2024 education, you’ll want to consolidate all of your learnings right into a single, comprehensive file.
You’ll receive a commercial enterprise and financial plan template, to be had within the on line resource library.
This template will manual you in developing your first draft of a marketing strategy.
Following the Business Training and Business Plan Submission, handiest a hit candidates who entire the MCQs, rating above the cut-off mark, and put up a business plan, might be eligible to improve to the next stage: the Pitching Competition.
THE PITCHING PHASE
This segment provides you with the chance to show off your enterprise acumen and persuade the judges of your commercial enterprise’s viability.
During the pitching level, you will gift your ideas to a panel of judges.
Only individuals who excel within the pitching competition might be offered seed capital investment and benefit access to the Alumni network, bolstering their business goals.
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