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Overview
| Donor: | Tony Elumelu Foundation |
| Application procedure: | Online Application |
| Donor base: | Nigeria |
| Reference number: | - |
| Eligible applicants: | Social Business |
| Deadline: | 01.03.2025 |
Financial details
| Grant size: | Small - up to $100,000 |
| Minimum grant size: | - |
| Total available budget: | - |
| Funding type: | Loans, Other |
| Maximum grant size: | 5.000$ |
| Funding ratio: | up to 100% |
Sectors
- Agriculture & Rural Development
- Economic Development
- Education
- Energy
- Environment & Natural Resources
- Food Security
- Health
- Research, Technology & Innovation
- Social Inclusion
- Water & Sanitation
- Women & Gender
Project Locations
Africa
Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Republic of the Congo, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia, Zimbabwe
Description
1) Objective
Founded in 2010 by Tony O. Elumelu CON, the Tony Elumelu Foundation (TEF) is a foremost African philanthropic organisation. The Tony Elumelu Foundation believes that the private sector holds the key to unlocking Africa’s economic potential. To that end, its mission is to catalyse economic and social development in Africa through entrepreneurship:
- TEF Flagship Entrepreneurship Programme: Open to all entrepreneurs across Africa with business ideas or existing businesses. We encourage applications from businesses leveraging AI as well as green businesses. For existing businesses, business registration must not exceed five years at the time of application. 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. For existing businesses, business registration must not exceed five years at the time of application. Applicants must be at least 18 years old.
- Aguka Ideation Programme: 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. For existing businesses, registration must not exceed five years at the time of application. Applicants must be between 18 and 35 years old.
2) Eligibility
The Tony Elumelu Foundation Entrepreneurship Programme is open to Africans from all 54 African countries with scalable business ideas or businesses from 0 – 5 years.
3) Location
Any country in Africa is eligible.
4) Budget
A seed capital of $5,000 is provided as returnable capital.
5) Application
Applications are open until March 1, 2025.