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TEF 2021: The Tony Elumelu Entrepreneurship Programme Is Ongoing / Is This Elite Entrepreneurship Training Consult A Scam? / How To Apply And Win The Tony Elumelu Entrepreneurship Programme, TEF 2019 Pt 2 (2) (3) (4)

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Apply For The Tony Elumelu Entrepreneurship Programme 2021 by Businesspedia(m): 8:23am On Dec 25, 2020
The Tony Elumelu Entrepreneurship Programme launched in December 2014; is a ten years commitment of a $100 million by Dr. Tony Elumelu to empower African entrepreneurs from the 54 African countries with a target of creating one million new jobs so as to contribute an additional $10 billion to Africa’s GDP.

The commitment of a $100 million and the ten year commitment period has recently been increased by another $100 million and another ten years by the foundations partnership with more funding partners like the International Committee of the Red Cross (ICRC), the United Nations Development Programme (UNDP), the US Consulate, the German Development Organisation (GIZ), the French Government (via Agence Française de Développement: AFD), the Federal Republic of Benin (Seme City), the Anambra State Government, Indorama, the Government of Botswana and the African Development Bank (AfDB).

The application window for the TEF entrepreneurship programme opens every 1st of January and ends every 15th of March of every year. Winners are announced every 22nd of March. 22nd of March coincides with Dr. Tony Elumelu’s birthday.

Application for TEF entrepreneurship programme is extremely competitive. Application for the TEF entrepreneurship programme began on the 1st of January 2015 with a total of 20,228 applications received from 54 African countries, 45,658 applications in 2016, 93,246 applications in 2017, 151,692 applications in 2018 and a staggering 216,000 applications in 2019.

In 2015, 1,000 applicants were selected, 1,000 applicants in 2016, 1,000 applicants in 2017, 1,250 applicants in 2018 and a total of 3,050 applicants in 2019 as more funding partners supported the Tony Elumelu Foundation. In 2020, the training and selection of entrepreneurs for the 2020 application window was postponed due to the global Corona Virus outbreak. As a result, the Tony Elumelu Foundation has announced that over 5,000 entrepreneurs will be selected in the 2021 application window with the entrance of the European Union to its list of partners. The European Union has recently made a pledge to sponsor 2, 500 women entrepreneurs for the 2021 Tony Elumelu Entrepreneurship Programme.

Firstly, we at Businesspedia want you to know that the flexible 2015 to 2019 TEEP application and selection method has been changed. The new rigid 2020 and above TEEP application and selection method was first tested in 2019 from June to December during the TEF-UNDP application window for the TEF-UNDP SAHEL Region (comprising Northern Nigeria Only) entrepreneurship programme.

Before you start the application, look at all the things that have changed about next year’s grant application window.

Really everything has changed.

It is no longer business as usual. The real Tony Elumelu Foundation $5,000 Grant competition has just begun. Only rugged entrepreneurs will make it to the finals.

By 12: 00 AM 1st of January, 2021:

1. You will apply through www.tefconnect.com but no selection will be made at this point ﴾unlike before that the winners will be announced after this first level﴿

2. Your responses to the online personal bio, about your business, psychometric/personality tests, business and financial and cognitive test sections of the application page will be automatically marked and scored upon submission.

3. Based on what you are scored, you will be placed in a training category to enable you undergo a world-class online business training and mentoring.

4. Successful entrepreneurs from the online training and mentoring will be selected to come and pitch their idea live ﴾this is a new component of the programme. Many will winners will be announced.

5. They will attend the Entrepreneurship Forum

6. Do their documentation and finally will receive the seed capital alert of $5000 USD ﴾Approximately 1.5 Million Naira Based on CBN Exchange Rate﴿.

7. They will be added to the Alumni Network.

The question is: will you be among the selected few entrepreneurs? Find below the screening and selection process for the 2021 Tony Elumelu Foundation Entrepreneurship Programme.

Who Is Eligible To Apply

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.

7. What If My Company Is A Partnership?
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.

The selection criteria for you to qualify for the 12 weeks online training and mentoring will be based on what you are scored by the TEF assessment committee headed by Accenture International in your personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test sections of the application page. The psychometric/personality tests are aimed at determining your leadership and business personality. The business and financial knowledge assessment aptitude and cognitive test is aimed at testing your understanding of basic and complex business and financial terms, scenarios and case studies.

System Assigned Training Path or Categorization

Based on your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form, the system profiles you and places you in the appropriate training path as follows:

Level 1 (Greenhorn)

This means you are a starter according to your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. You will go through the general training only on TEFConnect. You will however, not be eligible for mentorship or the seed capital of 5,000 Dollars.

Level 2 (Innovator)

This means that you have been profiled to be an intermediate entrepreneur based on your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. You have a good potential to be a successful entrepreneur. You will go through the Intermediate training modules and you will be assigned a mentor during the programme. Based on your performance through the training programme, you will stand a chance to pitch your business in person to the set of judges for final selection to receive the seed capital of 5,000 Dollars.

Level 3 (Disruptor)

This means that you are or have been identified to be natural or a seasoned entrepreneur based on your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. You will go through the advanced training modules and you will be assigned a mentor during the programme. Based on your performance through the training programme, you will stand a chance to pitch your business in person to the set of judges for final selection to receive the seed capital of 5,000 Dollars.

Note: Those who receive an e-mail placing them on the Innovator and Disruptor training path or category are the only ones that stand a chance to receive the seed capital of 5,000 Dollars, training and mentorship. Those on Level 1(Greenhorn) only get business training on the TEFConnect platform. That means they won’t get the chance to win the seed capital of 5,000 Dollars or get the chance to be mentored.

We at Businesspedia know these things because we did assist people to write their business plans, answer the difficult survey and assessment questions for them in 2019 and 2020. All of them made it to the pitching stage but not all of them were selected after the pitching based on the judge’s decision as regards TEEP's five pitching assessment criteria of business feasibility, scalability, market opportunity, financial understanding, leadership and entrepreneurial skills. We could only help them get to the pitching stage as we wouldn't be the one to pitch for them. So the quality of your pitching presentation and the five selection criteria mentioned above is what will tell the judges whether you know and understand your proposed business or not.

How can we at Businesspedia be of professional assistance to you? We can be of professional assistance by:

1. We can assist you to be placed at Level 2 (Innovator) and Level 3 (Disruptor) category by professionally and correctly filling and answering the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. (This aspect of our professional assistance will require you to send us your personal bio and business details and other vital information as required in the application form).

2. If your business idea is eventually selected for the 12 modules online training and mentoring which starts in the month of April to May 2021, we will advice you as an entrepreneur (as we have always advised other up-coming entrepreneurs) that you undergo and complete the two months online training and mentoring yourself as you will be scored 40 marks for the online training and mentoring test questions, 50 marks for your constant interaction on the TEFConnect website (this includes attendance to live online webinars, response to survey questions, and your constant chat with other entrepreneurs on the TEFConnect website) and finally you will be scored 10 marks for your constant engagement with the mentor that will be assigned to you. This will enable you build entrepreneurship knowledge and capacity in running your business. However, we will assist you professionally and correctly answer the assessment and survey questions that come during and after the online training and mentoring.

3. If you are eventually selected for the pitching competition which starts in the month of June 2021, we will send you a detailed scripted note of what to say about your business during the pitching competition. You have to cram or memorize this scripted note and deeply understand whatever is in it. Remember that you only have a couple of minutes to pitch your business idea, so please be confident and avoid all forms of stage fright. The best way to boost confidence and avoid stage fright is by rehearsing your pitch before one or two of your friends, sisters, brothers, uncles or on a lighter note before your enemies if you have any. The above mentioned persons will act as your moot or mock judges. You will have to give them a list of possible questions to ask you after you have pitched to them. Also, be prepared for tricky and surprising questions from the real judges. We will assist you in professionally writing the scripted business note and send you a list of possible tricky and surprising questions the judges might throw at you.

4. The last most important assistance we will give to you that will help you make it to the pitching stage is to choose your business idea wisely. We will advice that you choose a business idea that is lucrative, has a very high customer demand, employs a lot of people and that 5,000 dollars can conveniently kick-start. The best business ideas that is lucrative, has a very high customer demand, employs a lot of people and that 5,000 Dollars can conveniently kick-start is in the agricultural sector. So, choose for yourself a lucrative business in the agricultural sector. However, you can go ahead with your current business idea if you are confident that it has the criteria mentioned above.

Conclusively, we will want you to weigh your options based on the assistance we are ready to give to you above. If you want us to start working together immediately based on any of the options we have outlined out for you above; kindly contact us via our under listed contact details.

Furthermore, you are welcomed to contact us via our GSM and WhatsApp number or join our WhatsApp Group and Telegram Channel below for free business updates and opportunities on government and private sector loans, grants, bids, tenders, auctions and contract sales.

GSM Number & WhatsApp

(+234)701-035-1822

Join Businesspedia WhatsApp Group Link

https:///CdVhxcMsA6yLDqxyQVxsxJ

Join Businesspedia Telegram Public Channel Link

https:///Businespedia

Private Chat Businesspedia on Telegram

Username: @Biznesspedia

At Businesspedia, we are not just interested in raking in revenues by selling business plans and offering bespoke business consultancy services to our clients; we are very much interested in helping you start and finish strong in your grant and loan applications. At Businesspedia, we are strong adherents of the philosophy that ‘a successful person is not he who begins a journey, but he who finishes it’.

You can use our standard professionally written business plans with three years financial analysis to apply for loans from Commercial Banks, Mortgage Banks, Micro-Finance Banks and Specialized Banks like the Development Bank of Nigeria (DBN), Bank of Industry (BOI), Bank of Agriculture (BOA), Nigerian Export and Import Bank (NEXIM) et cetera. You can also utilize it to apply for loans under yearly special government business and economic intervention programs like the Accelerated Agricultural Development Scheme (AADS), Creative Industries Financing Initiative (CIFI), 75 Billion Naira Nigeria Youth Investment Fund (NYIF), Government Enterprise & Empowerment Programme (GEEP), Agric Business & Medium Enterprises Investment Scheme (AGSMEIS), Agricultural Credit Guaranty Scheme (ACGS), Graduate Entrepreneurship Fund (GEF), National Programme for Food Security (NPFS), Commercial Agricultural Credit Scheme (CACS), Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) – Bank of Agriculture (BOA) Loan, FMARD-BOI Rice & Cassava Intervention Fund, $20 Million Fund for Nigerian Tech Innovators and Entrepreneurs, National Youth Service Corps (NYSC) Venture Prize Competition, Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) Agro-Geo Cooperative Formation Program, Anchors Borrowers Programme, Youth Ignite Program, International Fund for Agricultural Development (IFAD) One Million Dollar Loan, SWAY-AGFIN Fund For Nigerian Agro Entrepreneurs, FCMB Women in Business Zero Interest Loan, and the Lagos State Employment Trust Fund (LSETF) et cetera.

Additionally, with regards to grants you can also utilize it to apply for grants under special yearly government and private sector business and economic intervention programs like the Youth Enterprise with Innovation in Nigeria (YouWiN & YouWiN Connect!) Tony Elumelu Entrepreneurship Programme (TEEP), Africa’s Young Entrepreneurs Empowerment Nigeria (AYEEN), Growth & Employment Project (GEM), Youth Entrepreneurship Development Programme (YEDP), BMCE Bank of Africa African Entrepreneurship Award, Abuja Enterprise Agency Business Plan Competition, African Development Bank (AfDB) Agriculture Fast Track Fund, Leventis Foundation LFN30 Agribusiness Pitch Empowerment Programme, International Breweries Foundation Hero Kick-start Initiative, Young Business Leaders of Nigeria (YBLN), Shell LiveWIRE Nigeria, Start-up Nigeria Incubation Programme, British Council West Africa Creative Enterprise Support Programme, Enable TAAT IITA Youth Agripreneurs Incubation Empowerment Program, Kaduna State STANBIC-IBTC Entrepreneurship Programme (KADSEC), Kaduna State Start-up and Entrepreneurship Programme (KADSTEP), Office For ICT Innovation And Entrepreneurship Programme, United States African Development Foundation Grants for African Enterprise, Vatebra Tech-hub Incubation Programme, Union Bank Start-up Connect, Uche Ahubelem Center for Human Development Entrepreneurship Programme, Youth Employment in Agri-business and Sustainable Agriculture (YEASA), Access Agriculture Young Entrepreneur Challenge Fund, Africa Netpreneur Prize, Abuja Enterprise Agency Business Plan Competition, Professor Pat Utomi Business Plan Grant Competition, Ishiba Grant, Youth Entrepreneurship Support Programme and the Young Africa Works-IITA Project et cetera.

Wisdom Nugget: Life does not answer to wishes, it answers to workings. In 2021, success will never lower its standard to accommodate you. You have to raise your standard to achieve it. God provides food for every bird, but not in its nest. Rise up from your nest to the challenges ahead of you in 2021 and conquer your fears. And last but not the least, always remember that ‘‘the world is your kaleidoscope and the varying combinations of colours which at every succeeding moment it presents to you, are the exquisitely adjusted pictures of your ever-moving thoughts.’’ So guide your thoughts as you would guide your life. Let your thoughts consistently remain positive always and never hesitate to take action when the opportunity to succeed presents itself in the very mirror of your life.

Regards,

To Your Business Success!!!

Courtesy, Businesspedia.

1 Like

Re: Apply For The Tony Elumelu Entrepreneurship Programme 2021 by Penflame(m): 10:33pm On Apr 04, 2021
Businesspedia:
The Tony Elumelu Entrepreneurship Programme launched in December 2014; is a ten years commitment of a $100 million by Dr. Tony Elumelu to empower African entrepreneurs from the 54 African countries with a target of creating one million new jobs so as to contribute an additional $10 billion to Africa’s GDP.

The commitment of a $100 million and the ten year commitment period has recently been increased by another $100 million and another ten years by the foundations partnership with more funding partners like the International Committee of the Red Cross (ICRC), the United Nations Development Programme (UNDP), the US Consulate, the German Development Organisation (GIZ), the French Government (via Agence Française de Développement: AFD), the Federal Republic of Benin (Seme City), the Anambra State Government, Indorama, the Government of Botswana and the African Development Bank (AfDB).

The application window for the TEF entrepreneurship programme opens every 1st of January and ends every 15th of March of every year. Winners are announced every 22nd of March. 22nd of March coincides with Dr. Tony Elumelu’s birthday.

Application for TEF entrepreneurship programme is extremely competitive. Application for the TEF entrepreneurship programme began on the 1st of January 2015 with a total of 20,228 applications received from 54 African countries, 45,658 applications in 2016, 93,246 applications in 2017, 151,692 applications in 2018 and a staggering 216,000 applications in 2019.

In 2015, 1,000 applicants were selected, 1,000 applicants in 2016, 1,000 applicants in 2017, 1,250 applicants in 2018 and a total of 3,050 applicants in 2019 as more funding partners supported the Tony Elumelu Foundation. In 2020, the training and selection of entrepreneurs for the 2020 application window was postponed due to the global Corona Virus outbreak. As a result, the Tony Elumelu Foundation has announced that over 5,000 entrepreneurs will be selected in the 2021 application window with the entrance of the European Union to its list of partners. The European Union has recently made a pledge to sponsor 2, 500 women entrepreneurs for the 2021 Tony Elumelu Entrepreneurship Programme.

Firstly, we at Businesspedia want you to know that the flexible 2015 to 2019 TEEP application and selection method has been changed. The new rigid 2020 and above TEEP application and selection method was first tested in 2019 from June to December during the TEF-UNDP application window for the TEF-UNDP SAHEL Region (comprising Northern Nigeria Only) entrepreneurship programme.

Before you start the application, look at all the things that have changed about next year’s grant application window.

Really everything has changed.

It is no longer business as usual. The real Tony Elumelu Foundation $5,000 Grant competition has just begun. Only rugged entrepreneurs will make it to the finals.

By 12: 00 AM 1st of January, 2021:

1. You will apply through www.tefconnect.com but no selection will be made at this point ﴾unlike before that the winners will be announced after this first level﴿

2. Your responses to the online personal bio, about your business, psychometric/personality tests, business and financial and cognitive test sections of the application page will be automatically marked and scored upon submission.

3. Based on what you are scored, you will be placed in a training category to enable you undergo a world-class online business training and mentoring.

4. Successful entrepreneurs from the online training and mentoring will be selected to come and pitch their idea live ﴾this is a new component of the programme. Many will winners will be announced.

5. They will attend the Entrepreneurship Forum

6. Do their documentation and finally will receive the seed capital alert of $5000 USD ﴾Approximately 1.5 Million Naira Based on CBN Exchange Rate﴿.

7. They will be added to the Alumni Network.

The question is: will you be among the selected few entrepreneurs? Find below the screening and selection process for the 2021 Tony Elumelu Foundation Entrepreneurship Programme.

Who Is Eligible To Apply

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.

7. What If My Company Is A Partnership?
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.

The selection criteria for you to qualify for the 12 weeks online training and mentoring will be based on what you are scored by the TEF assessment committee headed by Accenture International in your personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test sections of the application page. The psychometric/personality tests are aimed at determining your leadership and business personality. The business and financial knowledge assessment aptitude and cognitive test is aimed at testing your understanding of basic and complex business and financial terms, scenarios and case studies.

System Assigned Training Path or Categorization

Based on your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form, the system profiles you and places you in the appropriate training path as follows:

Level 1 (Greenhorn)

This means you are a starter according to your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. You will go through the general training only on TEFConnect. You will however, not be eligible for mentorship or the seed capital of 5,000 Dollars.

Level 2 (Innovator)

This means that you have been profiled to be an intermediate entrepreneur based on your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. You have a good potential to be a successful entrepreneur. You will go through the Intermediate training modules and you will be assigned a mentor during the programme. Based on your performance through the training programme, you will stand a chance to pitch your business in person to the set of judges for final selection to receive the seed capital of 5,000 Dollars.

Level 3 (Disruptor)

This means that you are or have been identified to be natural or a seasoned entrepreneur based on your responses and answers to the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. You will go through the advanced training modules and you will be assigned a mentor during the programme. Based on your performance through the training programme, you will stand a chance to pitch your business in person to the set of judges for final selection to receive the seed capital of 5,000 Dollars.

Note: Those who receive an e-mail placing them on the Innovator and Disruptor training path or category are the only ones that stand a chance to receive the seed capital of 5,000 Dollars, training and mentorship. Those on Level 1(Greenhorn) only get business training on the TEFConnect platform. That means they won’t get the chance to win the seed capital of 5,000 Dollars or get the chance to be mentored.

We at Businesspedia know these things because we did assist people to write their business plans, answer the difficult survey and assessment questions for them in 2019 and 2020. All of them made it to the pitching stage but not all of them were selected after the pitching based on the judge’s decision as regards TEEP's five pitching assessment criteria of business feasibility, scalability, market opportunity, financial understanding, leadership and entrepreneurial skills. We could only help them get to the pitching stage as we wouldn't be the one to pitch for them. So the quality of your pitching presentation and the five selection criteria mentioned above is what will tell the judges whether you know and understand your proposed business or not.

How can we at Businesspedia be of professional assistance to you? We can be of professional assistance by:

1. We can assist you to be placed at Level 2 (Innovator) and Level 3 (Disruptor) category by professionally and correctly filling and answering the personal bio, about your business, psychometric/personality tests, business and financial knowledge assessment aptitude and cognitive test section of the application form. (This aspect of our professional assistance will require you to send us your personal bio and business details and other vital information as required in the application form).

2. If your business idea is eventually selected for the 12 modules online training and mentoring which starts in the month of April to May 2021, we will advice you as an entrepreneur (as we have always advised other up-coming entrepreneurs) that you undergo and complete the two months online training and mentoring yourself as you will be scored 40 marks for the online training and mentoring test questions, 50 marks for your constant interaction on the TEFConnect website (this includes attendance to live online webinars, response to survey questions, and your constant chat with other entrepreneurs on the TEFConnect website) and finally you will be scored 10 marks for your constant engagement with the mentor that will be assigned to you. This will enable you build entrepreneurship knowledge and capacity in running your business. However, we will assist you professionally and correctly answer the assessment and survey questions that come during and after the online training and mentoring.

3. If you are eventually selected for the pitching competition which starts in the month of June 2021, we will send you a detailed scripted note of what to say about your business during the pitching competition. You have to cram or memorize this scripted note and deeply understand whatever is in it. Remember that you only have a couple of minutes to pitch your business idea, so please be confident and avoid all forms of stage fright. The best way to boost confidence and avoid stage fright is by rehearsing your pitch before one or two of your friends, sisters, brothers, uncles or on a lighter note before your enemies if you have any. The above mentioned persons will act as your moot or mock judges. You will have to give them a list of possible questions to ask you after you have pitched to them. Also, be prepared for tricky and surprising questions from the real judges. We will assist you in professionally writing the scripted business note and send you a list of possible tricky and surprising questions the judges might throw at you.

4. The last most important assistance we will give to you that will help you make it to the pitching stage is to choose your business idea wisely. We will advice that you choose a business idea that is lucrative, has a very high customer demand, employs a lot of people and that 5,000 dollars can conveniently kick-start. The best business ideas that is lucrative, has a very high customer demand, employs a lot of people and that 5,000 Dollars can conveniently kick-start is in the agricultural sector. So, choose for yourself a lucrative business in the agricultural sector. However, you can go ahead with your current business idea if you are confident that it has the criteria mentioned above.

Conclusively, we will want you to weigh your options based on the assistance we are ready to give to you above. If you want us to start working together immediately based on any of the options we have outlined out for you above; kindly contact us via our under listed contact details.

Furthermore, you are welcomed to contact us via our GSM and WhatsApp number or join our WhatsApp Group and Telegram Channel below for free business updates and opportunities on government and private sector loans, grants, bids, tenders, auctions and contract sales.

GSM Number & WhatsApp

(+234)701-035-1822

Join Businesspedia WhatsApp Group Link

https:///CdVhxcMsA6yLDqxyQVxsxJ

Join Businesspedia Telegram Public Channel Link

https:///Businespedia

Private Chat Businesspedia on Telegram

Username: @Biznesspedia

At Businesspedia, we are not just interested in raking in revenues by selling business plans and offering bespoke business consultancy services to our clients; we are very much interested in helping you start and finish strong in your grant and loan applications. At Businesspedia, we are strong adherents of the philosophy that ‘a successful person is not he who begins a journey, but he who finishes it’.

You can use our standard professionally written business plans with three years financial analysis to apply for loans from Commercial Banks, Mortgage Banks, Micro-Finance Banks and Specialized Banks like the Development Bank of Nigeria (DBN), Bank of Industry (BOI), Bank of Agriculture (BOA), Nigerian Export and Import Bank (NEXIM) et cetera. You can also utilize it to apply for loans under yearly special government business and economic intervention programs like the Accelerated Agricultural Development Scheme (AADS), Creative Industries Financing Initiative (CIFI), 75 Billion Naira Nigeria Youth Investment Fund (NYIF), Government Enterprise & Empowerment Programme (GEEP), Agric Business & Medium Enterprises Investment Scheme (AGSMEIS), Agricultural Credit Guaranty Scheme (ACGS), Graduate Entrepreneurship Fund (GEF), National Programme for Food Security (NPFS), Commercial Agricultural Credit Scheme (CACS), Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) – Bank of Agriculture (BOA) Loan, FMARD-BOI Rice & Cassava Intervention Fund, $20 Million Fund for Nigerian Tech Innovators and Entrepreneurs, National Youth Service Corps (NYSC) Venture Prize Competition, Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) Agro-Geo Cooperative Formation Program, Anchors Borrowers Programme, Youth Ignite Program, International Fund for Agricultural Development (IFAD) One Million Dollar Loan, SWAY-AGFIN Fund For Nigerian Agro Entrepreneurs, FCMB Women in Business Zero Interest Loan, and the Lagos State Employment Trust Fund (LSETF) et cetera.

Additionally, with regards to grants you can also utilize it to apply for grants under special yearly government and private sector business and economic intervention programs like the Youth Enterprise with Innovation in Nigeria (YouWiN & YouWiN Connect!) Tony Elumelu Entrepreneurship Programme (TEEP), Africa’s Young Entrepreneurs Empowerment Nigeria (AYEEN), Growth & Employment Project (GEM), Youth Entrepreneurship Development Programme (YEDP), BMCE Bank of Africa African Entrepreneurship Award, Abuja Enterprise Agency Business Plan Competition, African Development Bank (AfDB) Agriculture Fast Track Fund, Leventis Foundation LFN30 Agribusiness Pitch Empowerment Programme, International Breweries Foundation Hero Kick-start Initiative, Young Business Leaders of Nigeria (YBLN), Shell LiveWIRE Nigeria, Start-up Nigeria Incubation Programme, British Council West Africa Creative Enterprise Support Programme, Enable TAAT IITA Youth Agripreneurs Incubation Empowerment Program, Kaduna State STANBIC-IBTC Entrepreneurship Programme (KADSEC), Kaduna State Start-up and Entrepreneurship Programme (KADSTEP), Office For ICT Innovation And Entrepreneurship Programme, United States African Development Foundation Grants for African Enterprise, Vatebra Tech-hub Incubation Programme, Union Bank Start-up Connect, Uche Ahubelem Center for Human Development Entrepreneurship Programme, Youth Employment in Agri-business and Sustainable Agriculture (YEASA), Access Agriculture Young Entrepreneur Challenge Fund, Africa Netpreneur Prize, Abuja Enterprise Agency Business Plan Competition, Professor Pat Utomi Business Plan Grant Competition, Ishiba Grant, Youth Entrepreneurship Support Programme and the Young Africa Works-IITA Project et cetera.

Wisdom Nugget: Life does not answer to wishes, it answers to workings. In 2021, success will never lower its standard to accommodate you. You have to raise your standard to achieve it. God provides food for every bird, but not in its nest. Rise up from your nest to the challenges ahead of you in 2021 and conquer your fears. And last but not the least, always remember that ‘‘the world is your kaleidoscope and the varying combinations of colours which at every succeeding moment it presents to you, are the exquisitely adjusted pictures of your ever-moving thoughts.’’ So guide your thoughts as you would guide your life. Let your thoughts consistently remain positive always and never hesitate to take action when the opportunity to succeed presents itself in the very mirror of your life.

Regards,

To Your Business Success!!!

Courtesy, Businesspedia.

I applied and was placed in Level 3 (Disruptors stage), but I choosed a business in Information Technology. Can I edit it to agropreneur or food and beverages business?
Re: Apply For The Tony Elumelu Entrepreneurship Programme 2021 by Kayprincefav: 3:31pm On Jul 15, 2021
DBN Entrepreneurship Training Program 2021

The Development Bank of Nigeria (DBN) is currently accepting applications from small business owners for its 2021 Entrepreneurship Training Program.

If you are you a business owner, with hopes of getting equipped with the skills and competencies needed to run a successful business in Nigeria, then this is for you. As the Development Bank of Nigeria Entrepreneurship Program 2021 is caling for applications.

The program will be aimed at equipping Nigerian entrepreneurs with the necessary business knowledge and skills that will promote their businesses and make them thrive in the new normal, while also assisting them in sustaining a competitive advantage within their relative industries.

The program will comprises of 2 stages and is set to be implemented over a 3-month period in conjuction with Google Nigeria, Enterprise Development Centre (EDC) and Wider Perspective Limited (WPL). More to providing funding and risk-sharing facilities to MSMEs and Small Corporates through participating financial institutions, the Development Bank of Nigeria is expected to build the Capacity of the Nigerian MSME to enable them eligible to access credit.

This proposed strategy is to make sure that DBN builds a quality and sustainable Capacity Building Program that meets the below objectives:

i. Ensure MSMEs are well equipped with skills and competencies to defend sound and viable business proposals
ii. Improve the Capacity of MSMEs to access available credit
iii. Improve the capacity of MSMEs for efficient funds utilization, trade, investments and access to markets
iv. Acknowledgement and opening and closing.
Read more here [https://www.latestadmissionnews.com.ng/dbn-entrepreneurship-training-program-2021/]

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