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Call All African Entrepreneurs: Sign up for a $ 5,000 grant, mentorship, training and more for the 2022 Tony Elumelu Foundation Entrepreneurship Program now!


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Tony Hermès Foundation (TEF) (www.TonyElumeluFoundation.org) Is a major philanthropic effort to empower young African entrepreneurs in all 54 African countries and has begun applying for the 2022 TEF Entrepreneurship Program. www.TEFConnect.com..African entrepreneurs with business ideas or existing businesses of less than five years are encouraged to apply now for $ 5,000 seed capital, mentorship, business management training and more for the 2022 Tony Elumelu Foundation Entrepreneurship Program. To do

Since 2015, the TEF Entrepreneurship Program, the only African-funded entrepreneurial catalyst of its kind, has provided 15,847 African entrepreneurs with $ 5,000 each in non-refundable seed capital. 12 weeks of business management training. Access to experienced mentors. Membership in Africa’s largest entrepreneurial ecosystem.

In 2021, the Tony Elumelu Foundation paid US $ 24.75 million to 5,000 African entrepreneurs across Africa for the 2021 Entrepreneurship Program. The Foundation’s Entrepreneurship Program is one of the largest private sector responses to drive the economic recovery of African youth, women and SMEs, given the impact of the pandemic across Africa. Throughout Africa, the beneficiaries of the Tony Elumelu Foundation Entrepreneurship Program have started and grown pioneering businesses that have created more than 400,000 direct and indirect jobs.

According to Tony Elumelu entrepreneur in 2015, Howa Liman, a female business owner and founder of Afric Abaya, said: My business is in Kaduna, northern Nigeria. I benefited from this program in 2015 and opened many doors and opportunities. Knowledge is what I’m really interested in about the program, not just seed capital. I call it a mini MBA program. Because from the idea stage, it taught me how to really clarify your business, which gave me my first business plan. Networks, visibility and opportunities are endless. My entrepreneurial experience cannot be completed without the Tony Elumelu Foundation. With the kindness of the Foundation, we will soon start exporting to other countries. We currently employ 10 full-time staff and an additional 8 staff on a commission basis. “

Regarding the launch of the Tony Elumelu Foundation Entrepreneurship Program in 2022, CEO of the Tony Elumelu Foundation, Ifeinwa Ugochuku said: This will allow us to expand our efforts to empower more entrepreneurs on the continent. Africa’s entrepreneurial innovation, knowledge and resilience are central to schematizing Africa’s socio-economic transformation and achieving the development goals of the African continent. We are also proud of the increased participation of women in the program, with 68% of female entrepreneurs being selected on record, especially in the 2021 cohort. “

Dr. AV Hermès, Founding Councilor of the Tony Hermès Foundation, said: “Through the Tony Elumelu Foundation’s Entrepreneurship Program, we aim to democratize luck. Diligence plays an important and undeniable role in success, but the role of luck should not be underestimated. Someone is willing to empower you and your business ideas by empowering you through training, mentorship, or funding. Our hope is through the Tony Elumelu Foundation’s Entrepreneurship Program. It’s about helping the next business leader or industry captain to be what he should be. This is a way for us to give back and empower the generation behind us. As a parent, you want your children to do better than you, so you go far in life. They will provide the resources and materials they need to ensure that. Similarly, the Foundation has the tools needed for the success of the next generation. “

As a leader in African entrepreneurship, the Tony Elumelu Foundation (https://bit.ly/3qu7xcI) Empowers women and men across the African Continent through entrepreneurship, promotes economic growth, promotes poverty eradication and secures job creation. The Foundation’s mission is rooted in the philosophy of African Pitaism (https://bit.ly/3qE0XjJ), It positions the private sector as a major realization factor for the creation of economic and social wealth in Africa. Via TEFConnect (https://bit.ly/3pHmHvO), The Foundation’s unique digital platform, which has provided capacity building support, advice and market collaboration to over 1.5 million Africans.

The Tony Elumelu Foundation Entrepreneurship Program is open to entrepreneurs across Africa. That is, new start-ups and existing young companies operating in all sectors. Future applicants should apply now to the Digital Networking Hub for African Entrepreneurs. www.tefconnect.com.. For a list of selected 2021 Tony Elumelu entrepreneurs and more information on our program, please visit the Tony Elumelu Foundation website here (https://bit.ly/3qu7xcI).

Distributed by the APO Group on behalf of the Tony Hermès Foundation.

Call All African Entrepreneurs: Sign up for a $ 5,000 grant, mentorship, training and more for the 2022 Tony Elumelu Foundation Entrepreneurship Program now!

Source link Call All African Entrepreneurs: Sign up for a $ 5,000 grant, mentorship, training and more for the 2022 Tony Elumelu Foundation Entrepreneurship Program now!

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