Tag Archives: business funding

2025 TONY ELUMELU FOUNDATION ENTREPRENEURSHIP PROGRAMME

Application Deadline: Saturday, March 01, 2025

LOCATION: Africa

TEF Flagship Entrepreneurship Programme: Open to all entrepreneurs across Africa with business ideas or existing businesses. They encourage applications from businesses leveraging AI as well as green businesses. For existing businesses, business registration must not exceed five years at the time of application. Empowering entrepreneurs across Africa to collaborate, innovate, and succeed.

ELIGIBILITY:

All programmes are open to businesses that are between 0 and 5 years old at the time of application. Businesses older than 5 years are not eligible.

Applicants must be at least 18 years old.

Applications can be submitted on http://www.tefconnect.com, and will be open from 1st of January to the midnight on the 1st of March 2025. Ensure to complete your application well ahead of the deadline.

Applicants are advised to apply to only one programme. We encourage you to carefully review the programme descriptions and select the one that best suits your entrepreneurial and business goals.

The Tony Elumelu Foundation Entrepreneurship Programme application is online, and it is FREE! TEF has NOT appointed anyone to act on her behalf to conduct any part of this Programme. If anyone is asking you to pay any amount of money in exchange for application support, it is a scam. Please report it immediately by sending an email to whistleblower@tonyelumelufoundation.org We will ensure the confidentiality of your information.

BENEFIT:

Selected applicants will receive:

World-class business management training

Mentorship

$5,000 non-refundable seed capital

Access to key networks and markets

Global networking opportunities

APPLY

SARA BY WEMATRANSFORMING NIGERIAN YOUTHS PROGRAMME.

LOCATION: Nigeria

SARA BY WEMA, in collaboration with Enterprise Development Centre (EDC), and MasterCard Foundation proudly presents a transformative initiative aimed at equipping Nigerian youths, especially female entrepreneurs, with essential entrepreneurial and managerial skills. The Transforming Nigerian Youth Program is a comprehensive training and support initiative aimed at empowering young Nigerian entrepreneurs, particularly women, with essential business skills and knowledge.

ELIGIBILITY:

The program targets young Nigerians aged 18 to 35, with a specific focus on women entrepreneurs, across various sectors of the Micro, Small, and Medium Enterprises (MSMEs).

Applications are typically announced via the bank’s social media platforms, external emails, and third-party media platforms. Interested individuals can apply by following the application guidelines provided during the application period.

The program is free of charge for eligible participants. There are no application fees or training costs involved.

Beneficiaries are selected based on predefined criteria, including their active participation in the training program and the quality of their business plans. Seed grants and support services are awarded to eligible participants through a transparent selection process and having a WEMA Bank account is a major eligibility criterion to win the grant award.

The training is self-paced and lasts 15 working days. Participants can start at any time within a 3-month period. Support and additional sessions will be available beyond the initial training to ensure lasting impact.

BENEFIT:

Free Enterprise Training: Free enterprise training for 50,000 young women business

Access to Market: Gain access to free and discounted slots in trade fairs and exhibitions to showcase your products and services.

Personalized Support Services: Receive personalized support from SMEDAN-certified Business Development Support Providers (BDSPs) to help you navigate challenges and capitalize on opportunities.

Seed Grants: Stand a chance to receive grant award of up to N5,000,000 to kickstart or scale your business ventures.

APPLY