The goal of the Tony Elumelu Foundation Grant is to support women, youth, and members of the unorganized sector who are among the underprivileged groups in Sub-Saharan Africa. This $5 million program provides financial support, access to markets, enhanced expertise, and technical training that is especially designed for female entrepreneurs in Africa. We’ll go over the features, requirements, and benefits of the Tony Elumelu Foundation Grant in this post.
The $5 million program provides financial support, access to markets, opportunity to expand knowledge, and technical training that is especially designed for female entrepreneurs in Africa.
Details
Hosted by the Tony Elumelu Foundation.
Category: Training.
Eligible Countries: Africa.
Reward: $5 million Grant | Mentorship.
No IELTS Required.
Implementation
Administered by the Tony Elumelu Foundation (TEF) in collaboration with the German Development agency GIZ (E4D program).
The Women Entrepreneurship for Africa program, funded by the EU, OACPS, and BMZ, aims to support 120 female entrepreneurs from the TEF alumni network with access to €10,000 in grant funding paired with a three-month mentorship program.
Highlights
- 120 women entrepreneurs from the TEF alumni network will be awarded €10,000 in grant funding.
- A three-month virtual acceleration program will provide technical support.
- Up to €50,000 in additional grant funding will be available for 15 enterprises demonstrating high-growth potential.
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Tony Elumelu Foundation Grant Startups:
- Agriculture 1
- Agriculture 2
- Consumer Products
- Eco-Friendly
- Education & Training
- Health
- Market Places
- Services
Application Process for Tony Elumelu Foundation Grant
Those interested and qualified for the 2024 Tony Elumelu Grant should follow these instructions:
- Click on the button below to visit the program webpage.
- On the page, click on “Click Here To Apply.”
- On the TEFCONNECT page, click on “Apply Now.”
- Fill in the required details and submit the necessary documents.
Selected applicants will receive a growth program and three months of technical assistance. All training and program activities will be conducted virtually through Zoom.
An online program management and e-learning platform will also be provided.
Deadline: Not Specified.