The Tony Elumelu Foundation signs a USD$6million partnership agreement with the UAE Office of Development Affairs and Khalifa Bin Zayed Al Nahyan Foundation to provide non-refundable $5,000 seed capital, to an additional 1,000 young African entrepreneurs.
The signing announced by Mr Tony Elumelu, founder of the Tony Elumelu Foundation will see the total number of entrepreneurs to receive the $5,000 grant increased by 1,000 entrepreneurs
After successfully exceeding the 10 years commitment of the Tony Elumelu Foundation to support African SMEs, the grantor is calling for another application for the 2025 cohort
The successful applicants will receive grant of $5000 and a 12 Weeks Intensive Business and Mentorship training with industry experts
What you need to know about the TEF 2025 application
- The application opened 1st January, 2025
- The application will close 1st March, 2025
- Start your application early
- Submit your application early
- Ensure you follow all the instructions strictly
- Ensure you supply your valid information
- You can have a mentor that can guide you in the application process
Here is a step by step on how to create your account and start your application for the TEF $5,000 grant
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