Tony Elumelu Foundation (TEF) will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020.

About Tony Elumelu Foundation Entreprenuership Programme


The Tony Elumelu Foundation (TEF) is Africa’s leading philanthropy, that is dedicated in empowering African entrepreneurs.

[caption id="attachment_6968" align="aligncenter" width="604"]Tony Elumelu Foundation Tony Elumelu Foundation[/caption]

The TEF Entrepreneurship Programme is open to entrepreneurs from across Africa, either with new startup ideas or existing businesses of less than 3 years existence, operating in any sector.

The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 young African entrepreneurs.

The goal is to create millions of jobs and the revenue required for the sustainable development of the continent, implementing the philosophy of Africapitalism, which positions the private sector as the growth engine for Africa and emphasises the importance of creating social and economic wealth.

According to the Foundation’s 2018 Impact Report, 70% of the total number of businesses in its alumni network were still operational two years after benefitting from the Programme.

The report also identified an increase of 189% revenue generated and 197% increase in the number of additional jobs created by beneficiaries post-graduation from the programme, as well as a 100% commitment to the Sustainable Development Goals.
Bonus Posts: You May Also Apply for the

1# Technovation Challenge 2020 for Girls Worldwide ($10,000 prize & Funded trip to San Francisco,USA).


2# Pitch for $25,000 at the Next Einstein Forum Innovation Salon in Nairobi, Kenya.



Programme Eligibility / FAQ








1- Who can apply?

The programme is open to all citizens and legal residents of any one of the 54 African countries. The proposed business must be registered and operate in Africa.

2- Is there an age restriction for applicants?

Yes. Applicants must be 18 years old and must not be considered a minor in their country of residence.  There is no upper-limit age restriction.

3- Is there a restriction on the types of business/industry?

Yes. The programme is not open to research institutions, faith based organisations, value adding trading companies, government contractors and businesses not located in Africa.

Businesses must not adversely affect the environment, lives and property. Business ideas must be for profit, and must be the original work of those making the submission.

4- Is there a restriction on the age of my business?

Yes. All businesses must be business ideas or an early stage company, in the range of 0 to 3 years old.

5- What if I run multiple early-stage businesses?

Your application must focus on ONE business only.  We advise choosing your best, most feasible/innovative business idea.

Selected entrepreneurs are not permitted to apply for future cohorts of the programme, even with a different business idea or name.

6- Will my start-up be excluded if I have a relation/family member who works for the TEF?

Yes. Current employees or their family members from the Tony Elumelu Foundation and affiliate companies in the Heirs Holdings Group and UBA Group are not eligible to apply for the TEF Entrepreneurship Programme, either individually or as part of a team.




How To Apply:


All applications must be submitted ONLINE through the application platform of the TEF Connect .

You must complete an application form by answering a series of mandatory questions.

After submission, you will receive a confirmation email of receipt within 1 working day.

If English is not your first language, do not panic, because the application form is in English, French and Portuguese.

Note: Only successful applicants will join the over 9,000 current beneficiaries, from 54 African countries, and receive business training, mentoring, a non-refundable $5,000 of seed capital and global networking opportunities.

Official Website:


For More Information Visit the Official Webpage of Tony Elumelu Foundation Here

Click Here for FAQ about this Programme.