₦airaland Forum

Hello all!
Am sure our TEF application is going on well,
I will be bringing u more updates in a bit.

Wishing you success in this years' Tony Elumelu Foundation Application.

On the other hand, you can read up the scoring criteria and how much is awarded to each section here;
https://jinows.com/2019/01/08/tony-elumelu-foundation-programme-2019-guide/

Hoping to hear from you soon.

To your business success!!!

Less I forget, you can share your TEF site experience here, if you're experiencing any difficulty in your application processes, kindly share here, l and am sure everyone here would be glad to help.

You can get a free PDF picture guide on how to fill the TEF application form and answer the questions in each section here:

https://mailchi.mp/d08725ca4a4d/z52uth7kcv

Hoping to hear from you soon.

To your business success!!!

There's a secret and a very invaluable ingredient that you must employ when you are applying for Tony Elumelu Foundation Entrepreneurship programme 2019.

This is a feature you would find in almost every past winner's testimony.

THIS SECRET INGREDIENT IS A POWERFUL EMOTIONAL STORY.

You can invest your time in viewing the stories of past winner's and you'll find they all have a compelling emotional story behind their business ideas.

People talk about their ideas been born out of a common pain in their community, some out from the death of a loved one and they've made it their lifetime commitment not to allow such ugly incidence occur again.

Whatever your story might be, make it genuine and compelling and incorporate it into your application.

Do not forget to read this article before you apply.
https://jinows.com/2019/01/08/tony-elumelu-foundation-programme-2019-guide/

I'd be expecting your success story soon!!!

Let us now look at how your TEF application is scored.

Your TEF application is scored over a total of 100 marks on 5 sections as shown below:

1. FINANCIAL UNDERSTANDING (10 marks)
2. LEADERSHIP/ ENTREPRENEURSHIP SKILLS ( (15 marks)
3. BUSINESSES FEASIBILITY ( 20 marks)
4. MARKET OPPORTUNITIES (25 marks) and lastly
5. SCALABILITY (30 marks)

Let's try to dissect how you'd earn the 10marks from financial understanding. Your financial understanding would be scored based on the following criteria;

a. Does the logic of making money ( revenue) in this business add up? (3marks)

b. Does the current expense reflect all the possible operating cost associated with the business? (3marks)

c. Is the financial forecast for this business realistic? (2marks)

d. Does the break-even revenue/value reflect the time value of the invested cash/ cash to be invested? (2marks)

You can view the chart of how all the 5 sections would be scored for the TEF 2019 programme here:

https://jinows.com/2019/01/08/tony-elumelu-foundation-programme-2019-guide/

You would also find a free PDF picture guide on how to fill the TEF form as well as how much marks is awarded to each section of your application and how to get such marks.

To also beef up your chances of success,
If you are applying as an NGO or even a personal business, ensure your business is in line with at least one or two of the 17 Sustainable Development Goal (SDGs).

You can see all 17 Sustainable Development Goals and what they stand for HERE:
https://jinows.com/2019/01/08/tony-elumelu-foundation-programme-2019-guide/

You can also apply for the 2019 TEF Programme HERE:
https://tefconnect.com

I would love to share with you a free PDF picture guide on how to fill the TEF application form for a better result here, but for the limit on the MB of documents policy, I would just share with you the link to the FREE PDF:
https://mailchi.mp/d08725ca4a4d/z52uth7kcv

The programme began in 2015 where about 1,000 persons are selected every year, for the Tony Elumelu Foundation Entrepreneurship programme.

The selected 1000 persons would receive entrepreneurial training, mentoring among other benefits and would also be receiving a seed capital of $5,000 ( or its equivalent in naira subject to current exchange rate).
The successful applicants would also be able to (later) access larger funds depending on their business needs

The Tony Elumelu Foundation Entrepreneurship Programme is a 10-year, $100 million commitment to identify, train, mentor, and fund 10,000 entrepreneurs. Its goal is to invest in businesses that will generate at least 1,000,000 new jobs and contribute at least $10 billion in new annual revenues across Africa. In its 4th year, the TEF Entrepreneurship Programme has empowered 4,460 entrepreneurs with a total investment of USD20million; 4,000 funded directly by the Foundation and 460 have been funded by partners.

Do ya all know that the Tony Elumelu Foundation Programme 2019 has started accepting applications?.

If you wish to apply for this year's edition of the programme then you've got to hurry up.

Application deadline is 1st March 2019.

Before you apply for this year TEF programme there are a few things you should do, know and understand to improve you chances of being selected among the successful applicants.

I would be most honoured to provide free resources that would aid you in your application.

Let's begin from the TEF programme official application webpage.
HERE: http://tonyelumelufoundation.org

For a chance at success in the TEF programme, you have to understand how the examiners score your application, how much marks is allocated to each section of the application as well as the criteria for scoring such points.
You would find these information HERE:
https://jinows.com/2019/01/08/tony-elumelu-foundation-programme-2019-guide/

I really do appreciate your passion.
Many young people (just like you) seeks for genuine online businesses to try their hands on.
Sadly many fall unto many scam online and gets discouraged.
In a brief, I'll show you some supper genuine and easy ways to make money online.
1. Online surveys (submit surveys and get paid)
2. Buy goods online and resell online ( you done have to meet people physically)
3. Build and sell softwares ( like games or other utility apps) here you don't have to know how to build apps (but I can show you where to learn how to build apps for free) but if you have an idea of what the app should do or accomplish, a developer can help you build the app ( at a fee) and then you can sell your app to large companies like Google or Apple or on the other hand you can market your app yourself if you know how.

4. The forth way am going to be sharing if freelancing.
I have put together an amazing article on 50 legitimate ways to make money online HERE https://jinows.com/2018/10/12/make-money-online/
You should check it out.

But under Freelancing you can:
Write articles and get paid.
Do graphic design and get paid.
Sell your stock photos and get paid.
Work for remote companies and get paid.
Sell your art, craft (handmade goods)...
And many more.
Kindly check the article the above article, it'll give you all the guide you need for free including many freelancing sites.