Admin l Friday, January 17, 2020
LAGOS, Nigeria – The Tony Elumelu Foundation today announced strategic changes in the TEF Entrepreneurship Programme Circle.
According to the Tony Elumelu Foundation, these changes, which took effect from January 1, 2020, will provide more value across the continent and achieve its mandate to transform the African continent through entrepreneurship.
This is one of the announcements heralding the 10th year anniversary of the Tony Elumelu Foundation.
What is different about the TEF Entrepreneurship Programme?
The TEF Entrepreneurship Programme will now be leveraging technology. With effect from January 2020, applicants will now receive instant feedback on their application – this feedback will let them know whether or not they will go on to the next stage.
“Those selected for the next stage will go on to receive business training and if they progress in their training tasks, they will receive mentorship tailored to their business needs”, the TEF Foundation said.
It added that a pitching competition will be organized in June to determine the final beneficiaries.
“The final beneficiaries who will receive the $5,000 seed capital will be announced in Q3 2020. Seed capital disbursements will follow after due diligence”, Ifeyinwa Ugochukwu, CEO, Tony Elumelu Foundation said.
