Successful applicants will join the third cycle of the TEF Entrepreneurship Programme, TEF’s 10-year, $100 million commitment to train, mentor and fund 10,000 African entrepreneurs in every African country. Since inception in 2015, the Programme has assisted nearly 2,000 entrepreneurs and created hundreds of jobs across the continent.
Interested entrepreneurs will be able to submit their applications to join the programme as from 1st January 2017 until Midnight WAT on March 1, 2017.
Value of Programme
The Programme provides critical tools for entrepreneurial success, including:
Training:12 weeks of intensive training on setting-up and managing businesses
Mentoring:A mentor will guide successful applicants in creating a robust business plan
Seed Capital:$5,000 in non-returnable seed capital and access to a $5,000 convertible loan
Business must be based in Africa
Business must be for profit
Business must be 0-3 years’ old
Applicants must be at least 18 and a legal resident or citizen of an African country
CEO of the Foundation, Parminder Vir OBE said:
“We encourage women, French, Arabic and Portuguese speakers and business ideas from every region across Africa, to apply. Our 2,000 alumni are already growing their businesses and improving lives. If you have a transformational business or an idea, we have an opportunity for you.”