The largest African philanthropic initiative devoted to entrepreneurship

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ENTREPRENEURS FUNDED
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APPLICATIONS IN 2019
$ 0 million
INVESTMENTS TILL DATE

The largest African philanthropic initiative devoted to entrepreneurship

0
ENTREPRENEURS FUNDED
0
APPLICATIONS IN 2018
$ 0 million
INVESTMENTS TILL DATE

MEET THE 3,050 ENTREPRENEURS SELECTED FOR THE 5th CYCLE OF THE TEF ENTREPRENEURSHIP PROGRAMME

This year, over 216,000 applications were received, an increase from last year’s 151,000. Nearly 90,000 were submitted by female entrepreneurs, an increase of 45%, illustrating the Foundation’s strategy to achieve greater gender balance. The selected Entrepreneurs will each receive non- refundable $5,000 of seed capital, access to mentors, and a 12-week business training programme, directly focused on the needs of African entrepreneurs.

On July 26 – 27 2019, they will gather at the TEF Entrepreneurship Forum, the largest annual gathering of African entrepreneurs and the entrepreneurship ecosystem on the continent.

THE LEADING PHILANTHROPY IN AFRICA CHAMPIONING ENTREPRENEURSHIP

Established in 2010, the Tony Elumelu Foundation (TEF) is the leading philanthropy in Africa championing Entrepreneurship and Entrepreneurs across the continent. The Foundation’s long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent. 

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