Applications open for Tony Elumelu Entrepreneurship Programme

The Tony Elumelu Foundation has opened applications for the second cycle of the Tony Elumelu Entrepreneurship Programme (TEEP), a US$100 million initiative aimed at helping African startups grow.

Applications are now open for the second cycle, with the Tony Elumelu Foundation looking to add to the US$4.86 million disbursed in 2015.

Entrepreneurs also completed a 12-week online business skills training programme with mentor support. In July, all 1,000 entrepreneurs participated in the TEEP Bootcamp in Lagos, while they have also now all received the initial seed capital investment of US$5,000.

“We are setting up Alumni Country Chapters and Networks in 51 African countries and replicating the TEEP model in Ivory Coast at the request of Minister for Entrepreneurship and Kaduna, Nigeria at the request of Governor of Kaduna,” said Parminder Vir, chief executive officer (CEO) of the Tony Elumelu Foundation. For more information click here