Deadline: March 1st, 2026
Young African entrepreneurs with business ideas or existing businesses under five years are encouraged to apply for $5000 seed capital, mentorship, business management training and more.
About the Tony Elumelu Entrepreneurship Programme (TEEP)
The programme, run by the Tony Elumelu Foundation (TEF), is a 10-year, US$100 million commitment to identify, train, mentor, and fund 10,000 African entrepreneurs by 2024. Successful applicants will receive 12 weeks of intensive online training, access to a world-class mentor, and US$5,000 in seed capital to prove the concept, plus access to further funding. They will also gain access to the TEF network of startups.
The Tony Elumelu Foundation Entrepreneurship Programme is a $100million commitment made by the Elumelu family to empower 10,000 African entrepreneurs over a 10-year period through training, mentorship, and funding. The goal is to create at least 1 Million jobs and contribute over $10 billion in revenue to the African economy.
Through its flagship Entrepreneurship Programme the Foundation empowers African entrepreneurs and the entrepreneurship ecosystem across 54 African countries.
How the Programme Works
The TEF training curriculum has been designed to segment entrepreneurs based on demonstrated capability and knowledge. The training has been tailored to educate and capacities you in starting or growing your business to overcome the challenges faced by entrepreneurs across the African continent. The curriculum focuses on practical, iterative learning that is useful even long after the training period.
Program Details
The TEF Entrepreneurship Programme identifies outstanding African entrepreneurs who have start-ups or business ideas with the potential to grow. The TEF Entrepreneurship Programme will be delivered in different phases as listed below:
1. Application Phase
2. Training Phase
3. Business Plan, Financials, pitch video Submission and Review Phase
4. Seed Capital Phase
Programme Eligibility
- 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.
- 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.
- All businesses must be business ideas or an early stage company, in the range of 0 to 5 years old.
- 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.
- 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.
Who is not eligible to participate in the TEF Entrepreneurship Programme?
- TEF Audit Partners and their Immediate Family Members.
- Employees of companies affiliated with the Tony Elumelu Foundation who have been involved in the creation or administration of the Programme and their Immediate Family Members.
- The Promoter’s consultants and agents (and employees and Immediate Family Members of such employees where the consultants and agents are entities) involved in the creation and administration of this programme.
- Research institutions, faith-based organisations, government agencies and businesses not located in Mali will not be eligible to apply for the programme.
- Applications by TEF Alumni or their Business Partner.
- Applications by persons disqualified under any previous TEF programme.
- Applications made using methods such as a macro, script, using automated devices or processors or other forms of digital tool to gain an unfair advantage.
- Incomplete and incorrect applications.
- Applications which contain illegal or unethical Businesses or Business Ideas.
Programme Application Process
- All applications must be submitted ONLINE through the application platform of the https://tefconnect.com/home You must complete an application form by answering a series of mandatory questions. After submission, you will receive a confirmation email of receipt.
- Only one nominated person from the business or the partnership may join the programme. You must have consent from all partners, and have and equal or majority share to participate.
- All applications must be submitted online through the https://tefconnect.com/home only.
- The application form is also available in Arabic, French and Portuguese.
- You must answer all the mandatory questions in the application form, and provide accurate and up-to-date information.
- The Tony Elumelu Foundation does not charge any applicants a fee for applying to the programme.
Deadline March 1, 2026
