Tony Elumelu Foundation Opens Applications for 2019Abbakin
The Tony Elumelu Foundation has announced the opening of applications for 2019 batch of the TEF Entrepreneurship Programme for 10,000 African entrepreneurs. This is according to the report posted on its website on January 1, 2019.
TEF is a 10-year programme with $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs.
With its objective to generate at least 1,000,000 new jobs and create at least $10 billion in new business revenue across Africa, the 2019 cohort will consist of outstanding African entrepreneurs running existing start-ups with high growth potential and aspiring business owners with transformative ideas.
The CEO, Tony Elumelu Foundation, said: “Our entrepreneurs illustrate the Foundation’s commitment to transform the African economy, by building on the intelligence, skills and resourcefulness of Africans. I encourage all ambitious young Africans to take advantage of this unique opportunity”.
“The Tony Elumelu Foundation offers: a platform that empowers African entrepreneurs– from business management training, to mentoring, to funding to networking – championing their cause and giving them a global voice to actualise their ambitions.”
— Mr Tony Elumelu, Founder TEF and Chairman of United Bank for Africa (UBA).