TETFUND Enterprise Challenge: N10m Grants for African Enterprises
The Ugwumba Center for Leadership Development in Africa is inviting applications for the 2024 TETFUND Enterprise Challenge.
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In this post, the full details of the eligibility, benefits, timeline, and application procedure will be provided.
TETFUND Enterprise Challenge Abstract
- Host: TETFUND | Ugwumba Leadership Centre
- Location: Nigeria
- Category: Internships || Trainings
- Benefits:
- N10 million Grant
- Eligibility: African Countries
- Deadline: September 16, 2024
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TETFUND Enterprise Challenge Details
The TETFUND Enterprise Challenge is an idea-pitching and grant competition designed to empower young people in Africa to turn their ideas, skills, and passions into scalable business ventures or social enterprises.
The adopted this pitching competition model because it challenges the creativity and the audacity of our young people to survive as entrepreneurs.
All applicants pass through a compulsory Boot Camp and Pitching Competitions and those with the best business ideas receive both financial and technical support from us.
The Ugwumba Center for Leadership Development in Africa is a non-political, non-discriminatory, non-profit development organization established in Nigeria in 2018 with a mandate to raise a new generation of leaders and entrepreneurs for Africa.
TETFUND Ugwumba Enterprise Challenge Benefits
Prizes will be awarded as follows;
- 1st Prize (N2 million);
- 2nd Prize (N1 million);
- 3rd Prize (N700,000);
- 4th Prize (N500,000);
- 5th Prize (N300,000) and
- Consolation Prizes (N100,000) each for the remaining 6th – 10th finalists.
Explore more scholarship opportunities below.
TETFUND Ugwumba Enterprise Challenge Requirements
To be eligible for the TETFUND Ugwumba Enterprise Challenge, applicants must satisfy the following conditions:
The Ugwumba TETFUND Enterprise Challenge is open to young entrepreneurs in Nigeria between 18 – 40 years of age, who have ideas that we can transform into successful business ventures or social enterprises.
Selection Process for TETFUND Enterprise Challenge
Timeline
- Call for Applications – August 16 – September 16, 2024
- Admission into Boot Camp – September 18, 2024
- UEC 2024 Open Day – September 20, 2024
- UEC Boot Camp – September 23 – October 18, 2024
- 1st Preliminary Pitching Competition – October 21 – 30, 2024
- Announce Top 20 Startups – November 04, 2024
- 2nd Preliminary Pitching Competition – November 06 – 20, 2024
- Announce Top 10 Finalists – November 26, 2024
- Grand finale in Abuja – December 03, 2024
How To Apply for TETFUND Ugwumba Enterprise Challenge 2024
To apply for the DAAD EPOS Scholarship, follow the instructions we have outlined below;
- Please read the information we have provided on this webpage and ensure your eligibility
- Begin your application by clicking on the button below.
Deadline: September 16th, 2024
- For more scholarship updates, Click HERE.
- Phone: +234 913 731 7629 (Whatsapp only)
- Email: contact@scholarsworld.ng
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