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Elumelu Foundation 3rd Round Entrepreneurship Programme Begins Jan 1

peter oluka
Tony Elumelu, chairman, United Bank for Africa (UBA) plc.
Tony Elumelu, chairman, United Bank for Africa (UBA) plc.

On January 1, 2017, the Tony Elumelu Foundation (TEF) will begin accepting applications for the third round of the TEF Entrepreneurship Programme.

The Programme is the Foundations 10-year, US$100 million commitment to training, mentoring and funding 10,000 African entrepreneurs.

The application portal will be open until midnight (WAT), March 1, 2017.

Entrepreneurs must complete the online application and selection is on a rolling basis, so early application is encouraged.

Tony Elumelu, TEF Founder,  said: I believe the seeds we are planting through the Programme will transform Africa. Two years on, it is clear that we have found a key to unlocking Africas potential for economic transformation. As our entrepreneurs grow their own businesses and realise their ambitions, so too does the vision. We are showing what the African private sector can achieve; how hard work and enterprise can catalyze real, sustainable development.

The Programme is designed to identify entrepreneurs that have the potential to grow their businesses and collectively generate 1,000,000 new jobs that can contribute at least $10 billion in additional revenues to the African economy.‎‎