10,000 Africans To Benefit From $100 Million Tony Elumelu Entrepreneurship Programme – Apply!

A total of 10,000 aspiring African Entrepreneurs are set to benefit from the Tony Elumelu Foundation Entrepreneurship Programme – TEEP – from $100 million grant to create 1,000,000 jobs and contribute $10 billion in annual revenues to Africa’s economy over the next 10 years.

Opportunity is open to: All citizens (18 and above) and legal residents of all African countries with businesses that operate in Africa.

About Entrepreneurship Programme

African billionaire investor and philanthropist Tony Elumelu has committed $100 million to create 10,000 entrepreneurs across Africa over the next 10 years. Elumelu made the commitment on Monday during a press conference in Lagos to announce the launch of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP).

TEEP, a Pan-African entrepreneurship initiative of the Tony Elumelu Foundation, is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.

Programme Type: Funding for African Entrepreneurs

Number of Entrepreneurs: There are 1,000 positions available annually for 10 years

Value of Programme:

The 10,000 start-ups selected from a pool of applicants across Africa will participate in a comprehensive programme which will include;

  • A customized 12-week business skills training course
  • Start-Up Enterprise Toolkit
  • Mentoring
  • Resource Library
  • 2-Day Boot Camp
  • Seed Capital Funding
  • Elumelu Forum
  • Alumni Network

Duration of Programme: The programme will identify and help grow 10,000 start-ups and young businesses from across Africa over the next 10 years. These businesses will in turn create 1,000,000 new jobs and contribute $10 billion in annual revenues to Africa’s economy.

Eligible Countries: Africa

Application Period: Interested entrepreneurs will be able to submit their applications to join the programme as from 1st January 2016 to 1st March 2016

Offered annually? For a period of 10 years

All applications must be submitted online through the TEEP Portal. Answer a series of mandatory questions and upload additional documents and identification materials. You will receive a confirmation email within 1 working day of submission.

More details about the program, including eligibility and the application and selection processes are available on the Tony Elumelu Foundation website at: www.tonyelumelufoundation.org/TEEP.

Sponsors: Tony Elumelu Foundation

Additional note:

  • In 2015, TEEP empowered 1,000 African entrepreneurs, selected from over 20,000 applicants, with start-up investment, active mentoring, business training, an entrepreneurship boot camp and regional networking across Africa.
  • Entrepreneurs, with an average age range of 21-40, from 51 African countries completed the programme and received $5,000 in seed capital for their start-up businesses.
  • The Tony Elumelu Foundation invested a total of $4,860,000, including $1,405,000 in agriculture; $410,000 in education and training; and $365,000 in manufacturing. The sector-agnostic programme funded start-ups across a further 20 industries, all based in Africa.
  • A customized 12-week business skills training course
  • Start-Up Enterprise Toolkit
  • Mentoring
  • Resource Library
  • 2-Day Boot Camp
  • Seed Capital Funding
  • Elumelu Forum
  • Alumni Network
  • Study Abroad / Overseas – Apply free.



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20 Responses

  1. isack r Mulokozi says:

    I like to be fundend to be entrepreneur for investing in urban house business coustruction or buildings shops and small houses. Can you help me?

  2. Olivier KHAMA says:

    I want to fight poverty in our contry BURUNDI by ameliorating agriculture and help youth to create their own jobs so that they stop thinking that life is possible in politic parts as they do . Burundi is among the firsts countries which are poor in the world. But it could be nice when it’s well organised.pleased kindly grant me the chance of showing the world that education pays.

  3. I study Business Management as my major, As a business student I am interesting in constructing real estate.

  4. Gideon says:

    I will be happy if you can help me I am Gideon Mensah pineapple farmer but is a small scale due to lack of funds will like to do it a large scale if you can help me, Thankyoou.

  5. owusu joseph kwabena says:

    i am twenty years old university boy in Ghana .i wish i could get the benefit of this initiative to enlarge my own local business i setup since 2012 so that together we can eradicate poverty in our continent.

  6. Um only 21years old I failed my grade 12 nd I wanted to persue ma studies,help out please.Botswana

  7. I am currently studying accountancy in business institution and i’m equally running a small scale business but with no employee due to inadequate fund. I have great zeal to be a potential and vibrant entrepreneur not only to provide job opportunities to my indigence in Cameroon but equally to the entire continent of Africa at large in this regard your support both financially and morally will go a great length in fulfilling this enormous desire that i so admire. Thank you and God blessed you as you do Amen Amen.

  8. Ahmed Mohammed says:

    I would like to continue my education for Masters level

  9. Ludia Alhaj says:

    Dear Sir/Madam
    First i would like to say thanks for this chance; my name is Ludia Alhaj am from south sudan am a hight school graduate ,i would like to get scholarship opportunity to study your university thanks.

  10. Ovio Muzamil Nyara says:

    Hello TEEP,

    I want to apply for the 2016 Entrepreneurship Programme however my country is missing in the list of the African countries. I am from SOUTH SUDAN, an African youngest country which is much hit with luck of entrepreneurs and it has the highest poverty rate in Africa.

    I will highly appreciate if you would include South Sudan to benefit from this much needed and long awaited dream of the best thinkers like Tony Elumelu.

    My regards,

  11. Gemechu Tura says:

    hi i’m from Ethiopia and i would like to continue my masters

  12. Meti says:

    My name is Meti. I would like to apply for the scholarship program and I graduated with computer field but now I want to study business management to make changes for my country to be effective in bussiness role.

  13. I would like improve my skills in investigating in urban rural areas and to become a good an entrepreneur in my life so i can reach on my dream

  14. My dream is to be a good an entrepreneur in my life,this can be my best opportunity to reach on my target.

  15. Dr. Frederick Mesonge says:

    Hi, please find the directives and link to apply in the main article above. You may also be interested to know that International Students can now live in USA for 3 additional years after study. Read more and how you can benefit here => http://afrischolarships.com/category/scholarships/

  16. GLADYS says:

    I would like to engage into farming,if you could help me with the Resorces to purchase farming equipments .this would be my dream come true feeding the nation ,creating employment thru farming …I look forward to hearing from you … …Regards GLADYS k

  17. Matthias J.T. Sam says:

    We are Africans, some of us are learning only by God’s grace. We therefore need such opportunities at our door steps. We thank you for this opportunities.

    • easyscholarships says:

      Hi Student,
      The instructions we have given above should be a definite guide to applying, we expect you to apply using the links provided unless otherwise you have something confusing to ask. Our admin should get in touch with you by email. Meanwhile you can check our NEW collection of Scholarships for students in your home country in United States for 2017. Visit => http://easyscholarships.info/category/united-states-of-america/

  18. Mohamud Abdullahi Issack says:

    my name is mohamud Abdullahi Issack from kenya.I am high school graduate.I would like to pursue medicine. May i get scholarship
    thank you

  19. arajab citia says:

    hey there, my name am arajab citia am not educate enough because of money but I know how breakdance and to sing like Michael Jackson can l get help from here coz am block I have no iven a single coin to an audio and video but can help me please

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