The Tony Elumelu Foundation Grant for African entrepreneurs for 2025 is now accepting applications.
With a $5,000 award annually, the Tony Elumelu Foundation (TEF) Entrepreneurship Grant for Young Africans aims to empower men and women throughout the African continent, promoting economic growth, eradicating poverty, and guaranteeing job creation.
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This post will give interested individuals more information about this program, including its qualifying requirements, benefits, and how to apply.
When is the Application Deadline?
February 28, 2025.
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Tell Me About the Award:
The Tony Elumelu Foundation Grant offers $5,000 in non-refundable seed funding, world-class business training, and access to extensive mentoring and networking opportunities to empower African entrepreneurs.
Which Fields are Eligible?
Entrepreneurs with business ideas or existing startups across all sectors are eligible.
Type:
Grant, Training, and Mentorship Program.
Who Can Apply for the Tony Elumelu Foundation Grant (TEF) for Africans | Inspiring Growth for African Entrepreneurs?
- African entrepreneurs with startups or scalable business ideas.
- Must be at least 18 years old.
How Are Applicants Selected?
Selection is based on:
- Innovation and feasibility of the business idea.
- Potential for scalability and growth.
- Impact on the community and job creation.
Which Countries Are Eligible?
All African countries are eligible.
Where Will the Award Be Taken?
Participants will access training and networking via TEFConnect.net, Africaโs largest digital platform for entrepreneurs.
How Many Awards?
The total fund is $5 million, distributed as $5,000 per successful applicant.
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What is the Benefit of the Award?
- $5,000 in seed funding.
- A 12-week world-class business training program.
- Access to a network of over 15,000 TEF alumni.
- Mentorship and networking opportunities via TEFConnect.
How Long Will the Award Last?
The business training lasts for 12 weeks, with ongoing benefits such as mentorship and networking.
How to Apply for the Tony Elumelu Foundation Grant (TEF) for Africans | Inspiring Growth for African Entrepreneurs:
Interested applicants should submit their applications via the official application link.
Visit the Award Webpage for Details:
2025 Tony Elumelu Foundation Grant.