The Tony Elumelu Foundation (TEF) is set to announce on Saturday, March 22, 2025, the selected participants for the 2025 cohort of the TEF Entrepreneurship Programme, reaffirming her commitment to empowering African entrepreneurs and transforming the continent’s economic landscape.
This comes after the grant giving organisation announced partnership with UAE to give $5,000 grant to additional 1,000 African SMEs
Ahead of the upcoming announcement, Tony O. Elumelu, C.F.R., Founder of TEF and Group Chairman of Heirs Holdings, reiterates his unwavering belief in the potential of Africa’s entrepreneurs:
“I believe that Africa’s transformation will not be led by aid, but by empowering the next generation of African entrepreneurs—giving them the tools, the funding, the training, and the networks to build sustainable businesses that create jobs and drive economic growth.
Over the past decade, we have nurtured entrepreneurs from inception to success, scaling our impact across all 54 African countries. We have provided capital and also developed a robust monitoring and evaluation framework that allows us to track the progress of our entrepreneurs and measure their contributions to their communities and economies.
No other organisation is implementing entrepreneurship development at this scale across Africa. We have learned, we have refined, and we continue to improve, ensuring that African entrepreneurs—women and men—are at the forefront of solving our continent’s challenges and creating wealth for themselves and their communities.
Entrepreneurship is the key to Africa’s prosperity.
I wish the 2025 cohort of Tony Elumelu Entrepreneurs success, as they chase their ambitions, and play their part in Africa’s transformation.”
What to do as TEF unveils participants for 2025 Cohort of the TEF Entrepreneurship Program
- Ensure you already applied and successfully submitted your application
- Ensure you you used a valid email address
- Ensure you constantly check your email especially on the Saturday, March 22, 2025
- If you are selected, you will receive a congratulatory email with instructions on how to move to the next stage
- The next stage will be a 12 Weeks Intensive Business and Mentorship training with industry experts
- After this stage, another set of participants will be selected for the Business Plan submission
- After a successful Business Plan and Pitching, the last selection will be announced
- After, due diligence will be done and award of $5000 Grant will be awarded for the shortlisted candidates
Discover more from SMEplatform
Subscribe to get the latest posts sent to your email.