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Tony Elumelu Foundation EntrepreneurshipProgramme 2027

Days left19w leftMarch 1, 2027

All Information

The Tony Elumelu Foundation Entrepreneurship Programme (TEF) is the flagship initiative of the Tony Elumelu Foundation, designed to identify, train, mentor, and fund African entrepreneurs with scalable business ideas or early-stage businesses. Founded in 2010, the programme aims to catalyze economic growth and job creation across Africa through the philosophy of Africapitalism.

Requirements checklist

  1. 01

    African Entrepreneur

    Applicants must: • Be citizens or legal residents of an African country. • Operate a business located in Africa.

  2. 02

    Age Requirement

    Applicants must be: • 18 years or older.

  3. 03

    Business Stage

    Applicants must have: • A business idea, or • An existing business not older than five years.

  4. 04

    For-Profit Venture

    Businesses must: • Be for-profit. • Be the original work of the applicant. • Not belong to prohibited sectors such as faith-based organizations, research institutions, or government contracting businesses.

  5. 05

    Scalability

    The business should demonstrate: • Growth potential. • Capacity to create jobs and economic impact. • Innovation and sustainability.

  6. 06

    One Business Per Application

    Applicants can only submit: • One business idea or venture. • Previous TEF beneficiaries cannot apply again.

  7. 07

    Documents Required

    Selected entrepreneurs may be required to provide: • Valid identification. • Personal bank statements. • Statement of debts. • References from employers, banks, or academic institutions. • Business bank account information.