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Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by gidimasters(m): 12:35am On Jan 02, 2017 |
The Tony Elumelu Foundation (TEF), is now accepting applications for the 2017 Tony Elumelu Entrepreneurship Programme (TEEP) ($100m Pan-African entrepreneurship initiative ) for for Young African Entrepreneurs with business ideas that can transform Africa. Successful applicants will join the third cycle of the TEF Entrepreneurship Programme, TEF’s 10-year, $100 million commitment to train, mentor and fund 10,000 African entrepreneurs in every African country. Since inception in 2015, the Programme has assisted nearly 2,000 entrepreneurs and created hundreds of jobs across the continent. Open: To startups and Entrepreneurs from all the 54 African Countries – For Africans based in Africans Worth: $100M for 10,000 Startups/Entrepreneurs Eligibility Requirements: To be eligible: Business must be based in Africa Business must be for profit Business must be 0-3 years’ old Applicants must be at least 18 and a legal resident or citizen of an African country Benefits The Programme provides critical tools for entrepreneurial success, including: Training:12 weeks of intensive training on setting-up and managing businesses Mentoring:A mentor will guide successful applicants in creating a robust business plan Seed Capital:$5,000 in non-returnable seed capital and access to a $5,000 convertible loan Funding: All entrepreneurs who successfully complete the 12-week Start-up Enterprise Toolkit (learning) programme, submit a business plan for review, as well as required documentation and a business bank account will qualify for the first stage non-refundable seed capital of $5,000. Funding Options: All start-ups who successfully complete the programme will be eligible for funding. There are two stages of funding available to start-ups: First stage seed capital funding of $5,000 – a non-returnable investment dispersed at the 12-week start-up enterprise toolkit (learning) programme, upon submission and review of a business plan. Please see Terms and Conditions for clarification. Second stage capital ‘investment’ of $5,000 – for qualifying startups that have progressed their business plans sufficiently. This is structured as a convertible loan. Judging Criteria: All applications will be judged on 5 core criteria, which are: Feasibility of the business idea. Market Opportunity: knowledge and understanding of the market, customers and competitors for their idea/business. Financial Understanding: understanding of the basic financial requirements of running a business, costs and revenues. Scalability: Demonstrates potential for replication and growth of their product or service to create jobs and wealth. Leadership Potential and Entrepreneurial Skills: Demonstrate leadership potential, capable of attracting people, customers and resources. 1,000 entrepreneurs will be selected based on the viability of their idea, including: market opportunity; financial understanding; scalability; and leadership and entrepreneurial skills demonstrated in the application. How to Apply CLICK HERE http://tonyelumelufoundation.org/programme/ 4 Likes 3 Shares |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by blazetitov: 6:11pm On Jan 02, 2017 |
Nice one. At least TOE is giving back to the society. It is left for the beneficiaries to properly manage their businesses in a profitable and sustainable manner. 1 Like |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by kingmekus(m): 6:11pm On Jan 02, 2017 |
wetin I wan even talk sef??this country don even block person brain ..i don't even know how to think again, 4 Likes |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by shamecurls(m): 6:11pm On Jan 02, 2017 |
God bless Tony Elumelu! 5 Likes |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by SammieLowkey(m): 6:11pm On Jan 02, 2017 |
Me no be entrepreneur oh(yet) therefore I have nothing to say than to wish the participants the best of luck, hopefully one day you'll be able to transform the almost deformed image of this continent. #Sai Tony Elumelu |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by zubinike(m): 6:11pm On Jan 02, 2017 |
all this cash all for a program....who pays? |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by Nobody: 6:12pm On Jan 02, 2017 |
I smell advance rob peter to pay Paul strategy Only the rich benefits this |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by presido997(m): 6:12pm On Jan 02, 2017 |
Dat good |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by shamecurls(m): 6:13pm On Jan 02, 2017 |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by Atiku2019: 6:13pm On Jan 02, 2017 |
God Bless you Tony Elumelu 7 Likes 1 Share
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Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by shamecurls(m): 6:13pm On Jan 02, 2017 |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by Nobody: 6:13pm On Jan 02, 2017 |
Nonsense |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by kingmekus(m): 6:14pm On Jan 02, 2017 |
shamecurls:R is for Rabbit |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by shamecurls(m): 6:15pm On Jan 02, 2017 |
Atiku2019: Atiku sef gives a "." to a robust topic like this? More reason why you cant be a class captain come 2019 5 Likes |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by immaq8(f): 6:15pm On Jan 02, 2017 |
OK. JAH bless yauh #T.E |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by SammieLowkey(m): 6:16pm On Jan 02, 2017 |
zubinike:. Izzit ya money? Warris ur consignment dia? 5 Likes
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Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by shamecurls(m): 6:16pm On Jan 02, 2017 |
kingmekus: G |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by Atiku2019: 6:16pm On Jan 02, 2017 |
shamecurls: Space Booking
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Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by SammieLowkey(m): 6:17pm On Jan 02, 2017 |
shamecurls:Which one be say u rush catch me.. U be anti space booking police |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by blazetitov: 6:18pm On Jan 02, 2017 |
shamecurls: |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by zubinike(m): 6:22pm On Jan 02, 2017 |
sorryment oh, uncle sammy...you too put hope there? he no go reach you nah....for this padi padi package SammieLowkey: |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by Edenoscar(m): 6:27pm On Jan 02, 2017 |
Where are the dangotes and otedolas? 1 Like |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by SammieLowkey(m): 6:28pm On Jan 02, 2017 |
zubinike:Lol.. I did nohr aff interestment dia o At least not yet 1 Like |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by siralexis(m): 6:30pm On Jan 02, 2017 |
Who can enlighten me more about the programme? |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by nmreports: 6:47pm On Jan 02, 2017 |
Cool stuff. I should participate in this one this time around |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by Nobody: 6:51pm On Jan 02, 2017 |
Nice one |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by Nobody: 6:51pm On Jan 02, 2017 |
I don't get that part of non refundable $5000 . 1 Like |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by teemy(m): 7:03pm On Jan 02, 2017 |
is there anyone on the forum who has benefitted from this program? please tell us the modus operandi especially how the foundation recoups its investment. thanks |
Re: Tony Elumelu Entrepreneurship Programme (TEEP) 2017 by bart10: 7:25pm On Jan 02, 2017 |
Cool one. All entrepreneurs in the house should utilize this opportunity. Especially startups. Be blessed Mr. Elumelu for giving back. |
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