What you need to know about the 2018 Tony Elumelu Foundation Entrepreneurship Programme (TEEP).
The Tony Elumelu Foundation Entrepreneurship Programme (TEEP) is back for the 2018 edition. #TEF2018
This edition is the fourth cycle since the program began in 2015. Since 2015, 1000 African entrepreneurs every year have been able to access free 12 weeks intensive training, mentorship opportunities and 5000 USD in seed capital as a non-returnable business grant and also eligible to access 5000 USD business loan. That is a total of 3,000 African entrepreneurs empowered so far.
Successful applicants in the 2018 edition will be the beneficiaries of the fourth cycle of the Tony Elumelu Foundation’s 10-year, 100 million USD agenda to train, mentor and fund 10,000 African entrepreneurs in every African country.
Who is Eligible to Apply for the 2018 Tony Elumelu Foundation Entrepreneurship Programme (TEEP)?
The application is open to all African entrepreneurs with innovative or transformative business ideas and to all African entrepreneurs already running a business not older than 3 years (0-3years).
In addition, the business idea or already running business must be based in Africa, and the applicant must be at least 18 years old at the time of application, and must also be a legal citizen or resident of any African country.
The TEEP 2018 application is open to English and non-English speaking countries in Africa. Finally, submitted business or ideas must be for profit.
Can I apply for the 2018 Tony Elumelu Foundation Entrepreneurship Programme even if I had applied last year?
Yes you can if you applied for the past editions of TEEP, and wasn’t part of the winners. You should consider re-submitting a more convincing application this time.
We can help you review your application before submission for a small fee. Click here to contact us.
What Business Idea can I submit for the 2018 Tony Elumelu Foundation Entrepreneurship Programme?
Any good business idea that meets the criteria below will be just fine. If you cannot think of anything concrete, you can look at business ideas in Agriculture, Fashion, Energy or Manufacturing.
If you need help developing a business idea from scratch. Click here to contact us. We will be able to help you for a little fee.
What Criteria will be used to judge each submitted application?
All the applications will be judged on the following five (5) criteria:
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- Feasibility of the business idea
- Market opportunity
- Financial understanding
- Leadership Potential and Entrepreneurial skills
What Other Information do I need to know?
Most of the information outlined here are specifically all you may need for applying for the 2018 TEEP. For general information about The Tony Elumelu Entrepreneurship Programme / Business Grant, See this Article.
When is the Deadline for the Application:
All applications should be submitted latest 1st March 2018.
How do I begin my #TEF 2018 / TEEP 2018 application?
If you are ready to begin your application process, you should take a look at this article on How to fill & complete the Tony Elumelu Foundation Entrepreneurship Programme Form, or proceed directly to the Application Page.
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