The Tony Elumelu Foundation Funds 2022

Africa’s Future is in the Hands of Africans

“Entrepreneurship is the Key to Unlocking Economic Development on Our Continent,” Tony Elumelu Says at the Largest Annual Gathering of African Entrepreneurs, The Tony Elumelu Foundation Entrepreneurship Forum

Thursday, October 25, 2018: 5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum.

The event is a unique opportunity for bringing together young business talent, creating dynamic networks and transmitting the message to policymakers that a vibrant and responsible private sector will deliver economic transformation.

Now in its fourth year, the Forum marked the graduation of the 2018 cohort of the TEF Entrepreneurship Programme, following a rigorous nine-month period of training, mentorship and funding, which brought the total number of beneficiaries of the Programme to 4,470, with over 300,000 applications received to date.

One of the highlights was the unveiling of TEFConnect, a revolutionary digital community that brings together the complete entrepreneurship ecosystem across Africa and beyond, including entrepreneurs, investors and the broader business community on one platform, connecting them digitally with three vital elements for success – capital, market and business tools. Africa is riding a wave of rapid technological driven change in payment systems, education, agriculture and infrastructure and TEFConnect fulfills a critical role in linking entrepreneurs across the continent.

“Our Foundation and its unique approach of training, mentoring and funding have proven that entrepreneurship is the key to unlocking economic transformation of our continent. I believe so strongly that success can be democratized and if we can match ambition to opportunities, this extraordinary generation can achieve anything,” said Tony Elumelu. “With TEFConnect, we have created a tool, that provides a digital platform to host ideas, champion success and demonstrate Africans ability to use the most advanced technologies to take charge of their economic destinies.”

HOW TO APPLY FOR THE TONY ELUMELU FUNDS?

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1) Signup

2) Summit your correct Profile

3) write an essay about your startup Business

4) wait for a review

Signup now with https://tefconnect.net/

Application deadlines 1 June, 2022

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