Tony Elumelu Foundation Grant: Are you an African entrepreneur in need of a grant to support your business?
Application for the Tony Elumelu Foundation Grant has commenced for the 2025 cohort of young African entrepreneurs to not only get funded but also trained in order to help them build their businesses.
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Successful applicants receive a world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities..
This year’s intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities.
In this post, the full details of the eligibility, benefits, timeline, and application procedure will be provided.
Tony Elumelu Foundation Grant Abstract
Tony Elumelu Foundation Grant Details
The first day of every year marks the opening of the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) for 2025.
The Tony Elumelu Foundation (TEF) is the leading champion of Entrepreneurship & Economic Development in Africa.
For the 2025 round of application, the following programmes will be/are open(ed):
- TEF Flagship Entrepreneurship Programme: Open to all entrepreneurs across Africa with business ideas or existing businesses. Applicants must be at least 18 years old.
- IYBA-WE4A Entrepreneurship Programme: Open exclusively to women entrepreneurs with green business ideas or existing green businesses in Senegal, Tanzania, Uganda, Cameroon, Kenya, Mozambique, Malawi, and Togo. Applicants must be at least 18 years old.
- Aguka Ideation Programme:Â Open to Rwandan entrepreneurs with businesses in the idea stage and aged 18-30.
- BeGreen Africa Programme: This programme is open to entrepreneurs with green businesses in Nigeria, Senegal, and South Africa, as well as waste management businesses specifically in Kenya. Applicants must be between 18 and 35 years old.
Tony Elumelu Foundation Enterprenuer Grant 2025 Requirements
To be eligible for the Tony Elumelu Foundation Enterprenuer Grant, applicants must satisfy the following conditions:
- Be African entrepreneurs with startups or business concepts poised for growth.
- Applicants must also be at least 18 years of age.
Explore more scholarship opportunities below.
Tony Elumelu Foundation Grant Benefits and Timeline
Successful applicants receive a world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities.
TEF Grant 2025 PROGRAMME PHASES:
Application Phase:
From January 1 to February 28, entrepreneurs can apply. Post-application, candidates will be categorized into relevant training paths:
- Preparatory Path: For those needing basic business skills. Involves general training but excludes mentorship and seed capital.
- Startup/Beginner Path: Tailored for early-stage entrepreneurs, including beginner training modules and mentorship.
- Innovator/Intermediate Path: Aimed at entrepreneurs with potential for success, offering intermediate training and mentorship.
- Disruptor/Advanced Path: For established or naturally skilled entrepreneurs, providing advanced training and mentorship.
- Training and Mentorship Phase:
Selected candidates undergo intensive business training and mentoring. Performance is tracked via quizzes, and a virtual orientation program is provided. Participants gain access to peer support groups.
- Business Plan and Financials Submission Phase:
After training, participants must compile their learnings into a business plan using provided templates. Successful completion of this phase, including passing the MCQs and submitting a business plan, leads to the Pitching Phase.
- Pitching Phase:
Entrepreneurs present their business ideas to a panel of judges. Success in this stage grants seed capital funding and access to the Alumni network.
- Seed Capital Phase:
Entrepreneurs who successfully complete all phases receive seed funding into their business accounts and a Certificate of Completion and Achievement from the Foundation.
How To Apply for Tony Elumelu Foundation Grant 2025
For application details and requirements of the 2025 Tony Elumelu Foundation Grant, visit the Award Webpage (Link below).
Key Notes:
Completion of the training is mandatory for moving forward in the programme, including business plan submission, participation in the pitching competition, and receipt of seed capital.
Interested and qualified applicants should click the button below to begin their application.
Deadline: 28th February, 2025
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