Connect with us

News and Report

TONY ELUMELU FOUNDATION OPENS APPLICATIONS FOR 3RD CYCLE OF ENTREPRENEURSHIP PROGRAMME 2,000 ENTREPRENEURS AND COUNTING

Published

7 years ago

on

Africa’s largest business incubator, The Tony Elumelu Foundation (TEF), is now accepting applications from African entrepreneurs, with business ideas that can transform Africa.

 

The application portal is open and accepting submissions until Midnight WAT on March 1, 2017. To apply, complete the online application at:

www.tonyelumelufoundation.org/programme.

 

Successful applicants will join the third cycle of the TEF Entrepreneurship Programme, TEF’s 10-year, $100 million commitment to train, mentor and fund 10,000 African entrepreneurs in every African country. Since inception in 2015, the Programme has assisted nearly 2,000 entrepreneurs and created hundreds of jobs across the continent.

 

The Programme provides critical tools for entrepreneurial success, including:

 

• Training: 12 weeks of intensive training on setting-up and managing businesses

• Mentoring: A mentor will guide successful applicants in creating a robust business plan

• Seed Capital: $5,000 in non-returnable seed capital and access to a $5,000 convertible loan

 

TEF Founder, serial entrepreneur and philanthropist Tony O. Elumelu, CON said:

 

“Our Programme is a deliberate effort to institutionalise luck and provide the essentials for business growth to Africa’s next generation of business leaders. It is a demonstration of my faith in this generation’s ability to transform the African narrative, from the single story of disease and poverty, to one of enterprise and opportunity. Spread the word; we need Africa’s best and brightest entrepreneurs. Their ideas will transform Africa.”

 

1,000 entrepreneurs will be selected based on the viability of their idea, including: market opportunity; financial understanding; scalability; and leadership and entrepreneurial skills demonstrated in the application.

 

To be eligible:

 

1. Business must be based in Africa

2. Business must be for profit

3. Business must be 0-3 years’ old

4. Applicants must be at least 18 and a legal resident or citizen of an African country

 

CEO of the Foundation, Parminder Vir OBE said:

 

“We encourage women, French, Arabic and Portuguese speakers and business ideas from every region across Africa, to apply. Our 2,000 alumni are already growing their businesses and improving lives. If you have a transformational business or an idea, we have an opportunity for you.”

Related Topics:
Continue Reading
Advertisement

News and Report

Lagos Takes a Giant Leap Towards a Cleaner, Greener Future with Proper Waste Disposal Bins

Published

2 days ago

on

December 11, 2024

By

Join the Movement to Build a Culture of Proper Waste Segregation and Disposal in Lagos. 

 

As part of its efforts to promote a cleaner, greener, and healthier environment, The Architects Place Ltd In conjunction with the Ministry of Environment and Water Resources has launched an initiative to provide proper waste disposal bins across the state.

 

The initiative, which is aimed at building a culture of proper waste segregation and disposal, is designed to encourage residents, businesses, and institutions to properly dispose their waste and recyclables.

The proper waste disposal bins, which are designed to accommodate different types of waste, including recyclables, organics, and non-recyclable waste, will be strategically located in public spaces, markets, and other high-traffic areas.

 

This will help to reduce the amount of waste that ends up in landfills and waterways, improving environmental health and reducing the risk of disease. By providing separate bins for recyclables, the initiative will encourage residents and businesses to recycle more, reducing waste and conserving natural resources.

 

We urge all residents, businesses, and institutions in Lagos to join us in this effort to build a culture of proper waste segregation and disposal. Together, we can make a difference and create a cleaner, greener, and healthier environment for all.

 

For more information on the proper waste disposal bin initiative, please contact:

 

Ministry of Environment & Water Resources, Alausa Lagos State.

Continue Reading

News and Report

National Grid Collapses 12th Time In 2024

Published

2 days ago

on

December 11, 2024

By

 

Nigerians were left in darkness on Wednesday following yet another collapse of the national power grid.

 

Since January 2024, the grid has collapsed 11 times.

 

 

In just one week in October, the grid failed three times, causing widespread blackouts and prompting reactions from Nigerians

 

 

A tweet from Nigeria’s National Grid official handle confirmed the collapse at approximately 2:09 pm on Wednesday.

 

“The major grid setback has occurred and the restoration is to commence,” the tweet stated.

 

 

 

 

More to come…

Continue Reading

News and Report

Just In: Abuja High Court Denies Yahaya Bello’s Bail Request…..

Published

3 days ago

on

December 10, 2024

By

 

A High Court of the Federal Capital Territory (FCT) in Maitama has rejected the bail request by former Kogi State Governor, Yahaya Bello.

 

Bello is standing trial, along with two others, on an alleged N110bn money laundering charge brought against him by the Economic and Financial Crimes Commission (EFCC).

 

Justice Maryanne Anenih, in a ruling on Tuesday, faulted the competence of Bello’s bail application, stating that it was filed prematurely.

 

Justice Anenih held that, since the application was made when Bello was neither in custody nor before the court, it was deemed incompetent.

 

She said: “Consequently, the instant application, having been filed prematurely, is hereby refused.”

 

 

 

More to come…

Continue Reading

Trending