Home » Entrepreneurship » African Entrepreneurs set to Explode with $100m from Tony Elumelu Foundation

African Entrepreneurs set to Explode with $100m from Tony Elumelu Foundation

Tony Elumelu Foundation Entrepreneurship (TEEP) will create 10,000 new businesses through young African entrepreneurs to generate 1,000,000 new jobs projected to contribute US$10 billion to the African economy beginning from 2015 over a period of 10 years.

This bold and transformational dream was unveiled at the press conference by Mr. Elumelu held at Heirs Place in Ikoyi, Lagos,  Nigeria.

Mr. Elumelu had earlier dropped a hint of his dream in his recent article in the Economist where he envisioned that “In 2015, the African entrepreneur will explode on to the globe stage, as a new generation shows the world what those of us doing business in Africa have long known: that our continent is home to some of the most exciting and innovative entrepreneurial talent.”

The next generation of African entrepreneurs is coming.

TEEP has set aside US$100,000,000 as seed capital and designed programmes to create these African entrepreneurs through custom-made 12 weeks business skills training course, mentoring platform, boot camp, participation in the annual Elumelu Entrepreneurship Forum and membership of TEEP Alumni Network to transform applicants from amateurs to successful entrepreneurs.

Applications are now available at their website at http://www.tonyelumelufoundation.org/TEEP
where you will be provided with all requisite details on eligibility,  application and selection process.

You can also follow @TonyElumeluFDN for more information on the process and programme,  and use #AfricanEntrepreneurs to join the conversation.

This is an opportunity to launch you into your New Year of fulfilled dream to become an entrepreneur.

It is an unusual opportunity. Mr Elumelu himself affirmed that “it is our opportunity to empower a generation.”

Do not miss the train.

Posted from WordPress for Android


1 Comment

  1. stevens alegbe says:

    Greetings to you all out there. This is an added advantages to African Business, Any creative ideas an Inovations gear towards creating jobs , supporting young entreprenuers to start up business an grow it will go a long way at improving the welbeing of africans, Thanks to TEF, for the bold Initiatives


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