The Tony Elumelu Foundation (TEF) will announce selected applicants for the 2019 cohort of the Foundation’s entrepreneurship programme on Friday.
The event, which marks the fifth round of the Foundation’s eentrepreneurship programme would take place in Abuja.
Every year, the TEF opens its application portal to African entrepreneurs, with businesses of less than three years old.
Through its $100million entrepreneurship programme, the Foundation empowers 1,000 entrepreneurs annually, who receive $5,000 in non-refundable seed capital, access to mentors, a 12-week training programme and opportunities to promote their businesses to a global audience.
All applicants receive access to TEFConnect, Africa’s digital entrepreneurial hub, which provides access to networks, training, further capital sources and business opportunities.
As a means of cascading its proven entrepreneurial tool kit to the huge numbers of applicants, the…