Business

Tony Elumelu Foundation opens 2025 entrepreneurship applications

The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, has announced the opening of applications for its 2025 entrepreneurship programmes.

This is contained in a statement from the foundation’s website on Monday.

It said that aspiring and existing entrepreneurs from across Africa are invited to apply.

It said they would receive world-class training, expert mentoring, and non-refundable seed capital funding to up scale their businesses.

It noted that programmes opened for application included the TEF Entrepreneurship Programme, Investing in Young Businesses in Africa – Women Entrepreneurship for Africa (IYBA-WE4A) and Aguka Ideation Programme.

“The flagship TEF Entrepreneurship Programme is open to all entrepreneurs across Africa with innovative business ideas or existing businesses not older than five years.

“This year, there is a special emphasis on businesses leveraging Artificial Intelligence (AI) and green initiatives and applicants must be at least 18 years old.

EFCC sacks 27 officers for fraudulent activities, misconduct

“The IYBA-WE4A Entrepreneurship Programme in partnership with the European Union and Deutsche Gesellschaft für Internationale Zusammenarbeit is exclusively for women entrepreneurs with green business ideas or existing green businesses in Senegal, Tanzania, Uganda, Cameroon, Kenya, Mozambique, Malawi, and Togo.

“The Aguka Ideation Programme is a partnership with the Tony Elumelu Foundation, UNDP Rwanda and the Rwandan Ministry of Youths and Arts to support young Rwandan entrepreneurs between 18 and 30 with business ideas with a seed capital of $3,000,” said the statement

It also detailed that applications were to be submitted through TEF’s proprietary digital hub, TEFConnect.

The statement said that the application which opened on January 1, 2025 would close on March 1, 2025.

The Star

Editor

Recent Posts

Tinubu approves N10bn emergency fund for ebola preparedness

President Bola Ahmed Tinubu has approved the release of N10 billion in emergency funding to…

1 hour ago

Atiku backed rotational presidency after June 12 annulment — Akume

The Secretary to the Government of the Federation (SGF), George Akume, has revealed that former…

2 hours ago

Kwankwaso opens door to reconciliation with Yusuf

Former Kano State Governor and leader of the Kwankwasiyya movement, Rabiu Musa Kwankwaso, has expressed…

2 hours ago

Umahi gives Abuja-Lokoja road contractors 72-hour deadline to resume work

The Minister of Works, David Umahi, has issued a 72-hour ultimatum to contractors handling the…

3 hours ago

Real Madrid sack Arbeloa, set to appoint Mourinho as new coach

Real Madrid have terminated the appointment of Alvaro Arbeloa as the club’s head coach. The…

4 hours ago

NUPRC fixes June 12 deadline for 2025 oil block bid submissions

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced Friday, June 12, 2026, as the…

4 hours ago

This website uses cookies.