The Tony Elumelu Foundation has opened its application portal for the 5th cycle of its $100million Entrepreneurship Program, open to all African entrepreneurs. This year, one of the goals is to increase participation and representation from women-run businesses in Africa as well.
Statistics have shown that only about 38% of applications to this program are from women, and the foundation is working hard to increase the number of applications from women owned business.
The program is open to any African who has an innovative business idea or a business in existence that is less than 3 years old in any sector.
If selected, business owners will join the Foundation’s current 4,470 TEF alumni and will receive non-refundable $5,000 seed capital,access to mentors, top-rated business training, access to a network of African entrepreneurs and opportunities for them and their business to share a global stage.
Deadline for applications submission is March 1st 2019