Tag Archives: startup

awards, business funding, Events, Opportunities, other events

VISA ACCELERATOR PROGRAM FOR AFRICAN ENTREPRENEURS

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Application Deadline: 18 February, 2024

LOCATION: Multiple Regions

Unlock your startup’s potential and fast-track your success in the dynamic world of fintech with the Visa Accelerator program. This groundbreaking initiative connects Africa’s brightest minds with experienced mentors, cutting-edge technology, and unparalleled investment opportunities. 

Are you ready to disrupt the industry, revolutionize finance, and make an impact in the ecosystem? Join us on this exciting 3-months journey to propel your startup towards unprecedented growth and recognition. It’s time to unleash your entrepreneurial spirit and forge a path to success in the vibrant fintech landscape. 

ELIGIBILITY:

All Seed to Series A startups that are post MVP and operating in Africa are encouraged to apply for the program.

Building a solution addressing one of our themes

Market tested solution that has gained traction

Existing operations in Africa or demonstrated commitment to expand in Africa

BENEFIT:

Gain a competitive edge with a tailored program covering product design, marketing, finance, sales and more. Receive experts’ guidance and strategic insights to accelerate your startup’s growth and unlock its full potential.

Gain access to 1:1 mentoring from experts and founders in the ecosystem from Africa and beyond. Learn from the experience of others to solve your challenges.

Benefit from exclusive Fintech and payment training modules designed by Visa. Enhance your understanding of the fintech landscape, payment ecosystem, and industry best practices. Startups will also get the chance to access Visa’s developer portal and experiment with Visa products and services.

Secure the funding you need to bring your innovative ideas to life. Showcase your startup during the Demo Day and you could be considered for an investment opportunity by Visa, Plug and Play, and our wider Venture Capital community

Forge powerful partnerships that can drive your startup forward. The program aims to open doors to valuable collaboration opportunities with industry leaders, innovative companies, and strategic partners.

Gain access to a wide selection of product perks and discounts from over 100 vendors for a combined offer value of over $200,000 such as AWS with product credits, mentorship and fintech-specific training modules.

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awards, business funding, Events, Opportunities

TONY ELUMELU FOUNDATION ENTREPRENEURSHIP PROGRAMME

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Application Deadline: 31 March, 2024

LOCATION: Nigeria

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to empowering African entrepreneurs, opens applications on its TEFConnect digital platform (www.tefconnect.com) on January 1, 2024. The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa.

ELIGIBILITY:

Open to Africans from all 54 African countries with scalable business ideas or a business that has been operational for no more than 5 years.

Applicants must be 18 years of age and above or considered above the age of minors in their country.

The programme is not open to research institutions, faith based organisations, value adding trading companies, government contractors and businesses not located in Africa.

All businesses must be business ideas or an early stage company, in the range of 0 to 5 years old.

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 or business idea.

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.

All shortlisted participants are required to open business accounts in your registered business name. They DO NOT pay seed capital into individual or corporate accounts.

The final selected beneficiaries who are from the countries where UBA is present will open business accounts in any UBA branch located in the country WHILE the beneficiaries from countries where UBA is not present will open business accounts with reputable commercial banks recommended by TEF.

BENEFIT:

The funds will be wired directly into the entrepreneur’s business bank account – personal accounts are not permissible.  For those in UBA countries, the business account must be opened with UBA.

The initial seed capital funding is fixed at $5,000.

Seed capital is disbursed to entrepreneurs who have received the training and mentorship and meet certain participatory guidelines and objectives. Register on TEFConnect for more information, www.tefconnect.net

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