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Tony Elumelu Entrepreneurship Programme (TEEP) 2016 for Africans ( $100m Pan-African entrepreneurship initiative )

by OFA
written by OFA

Application Deadline: Midnight WAT on March 1, 2016

Open: To startups and Entrepreneurs from all the 54 African Countries – For Africans based in Africans
Worth: $100M for 10,000 Startups/Entrepreneurs

Applications are now being accepted for the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) #TEEP #AfricanEntrepreneurs

Budding entrepreneurs across Africa can now apply to join the second annual Tony Elumelu Entrepreneurship Programme (TEEP) for start-up businesses based in Africa.

Applications for 2016 open on 1 January and can be made by any for-profit business based in Africa, including new business ideas which have been in existence for less than three years.

The Tony Elumelu Foundation Entrepreneurship Programme (TEEP)  a 12-week programme to equip startups with the basic skills required to launch and run their businesses at the early stage of their growth.The programme will bring together the best tools and frameworks to teach and hone entrepreneurship skills in Africa and globally.

The Tony Elumelu Foundation Entrepreneurship Programme #TEEP, a Pan-African entrepreneurship initiative of the Tony Elumelu Foundation, is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.

The programme will be a mix of online and face-to-face instruction, including webinars and video tutorials with support from your mentor throughout. It will cover topics on starting and scaling a business, business development, marketing strategy, effective management and product design.

tony-elumelu-entrepreneurship-programme

Requirements:

The Tony Elumelu Entrepreneurship Programme is open to citizens and legal residents of all 54 African countries.

Benefits:

Successful applicants who complete the programme will receive the local currency equivalent of Naira 850,000 as non-returnable seed capital, and are eligible for a further Naira 850,000 in the form of either debt or equity, depending on business need and other criteria.

Selected entrepreneurs will join the existing cohort of 1,000 Tony Elumelu Entrepreneurs, from 51 countries, who formed the inaugural 2015 cycle of the TEEP programme and have thus far, received considerable benefits from their participation, including:

  • Training: 12 weeks of training on how to set up and manage businesses with mentoring and financial support offered by The Tony Elumelu Foundation.
  • Accelerated Growth: Over 90% of Tony Elumelu entrepreneurs, with existing businesses, have reported increased growth in the past year.
  • Access to Further Funding: A significant portion of our entrepreneurs have accessed additional external funding through the platform provided by Tony Elumelu Foundation.
  • Networking Opportunities: A flourishing alumni network has developed, providing personal linkages and business opportunities across the Continent.

TEEP is a commitment by the Tony Elumelu Foundation to identify and fund 10,000 African entrepreneurs over a 10-year period.

Questions to Answer:

Tell us about yourself, personal bio and what led you to become an entrepreneur (200 words)

Describe your leadership skills and experience for running the business (100 words)

Tell us something impressive you have personally built or achieved (100 words)

In 50 words or less, describe your current business or idea.

In more detail, describe your product or service (200 words)

What is new, interesting or different about your product or service? (list 3 things)

What problem does your product or service solve? (50 words)

Note:
Please be informed that you would be required to upload certain documents, in order to make your application progress faster, you can get and/or prepare these documents before you start your application, these documents are;

» Valid Government Recognized Identification

» Official Registration Certificate for your business

» Official Evidence of Ownership of the business

» Official Evidence of Directors in your business

» Official Consent by Partners to apply

Apply Now for the 2016 Tony Elumelu Entrepreneurship Programme

For More Information:

Visit the Official Webpage of the Tony Elumelu Entrepreneurship Programme (TEEP) 2016 

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BlogGhana

First Mandela Washington Fellowship Conference Reunites Fellows in Accra, Ghana.

by lanredahunsi
written by lanredahunsi

Press Release:

Washington — Over 150 young leaders from 21 West African countries will gather in Accra, Ghana next week to share their expertise and engage on issues they have defined as critical for the future of Africa. In support of President Barack Obama’s Young African Leaders Initiative (YALI), USAID and IREX are organizing the 1st Annual West Africa Regional Conference for Mandela Washington Fellows in Accra from April 26-28, 2015.

The Fellows include tech and social entrepreneurs, public servants, human rights activists, lawyers, doctors and youth activists who are bringing changes to their home countries and communities with support from USAID and IREX. In addition to this impressive group of Fellows, the conference will bring together leaders from the private sector, the U.S. Government, and international and local organizations.

The conference will highlight issues and ideas for promoting entrepreneurship, growth sectors, inclusive development, energy, women in technology, and philanthropy in Africa.

Event speakers include

  • Deputy Minister of Education in Ghana, Samuel Okudzeto Ablakwa;
  • Founder of the Future Africa Project, Chude Jideonwo;
  • CEO of the African Women’s Development Fund, Theo Sowa;
  • U.S. Ambassador to Ghana, Gene A. Cretz; and
  • The Tony Elumelu Foundation.

The Mandela Washington Fellowship brings 500 young African professionals from across the continent to U.S. universities for six weeks of leadership training in the areas of business and entrepreneurship, civic leadership, or public management. Competitively selected for this prestigious flagship program, the Fellows represent the continent’s emerging generation of business CEO’s, community leaders, and public officials.

The West African Fellows include participants from Benin, Burkina Faso, Cameroon, Cape Verde, Chad, Cote D’Ivoire, Equatorial Guinea, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, São Tome and Príncipe, Senegal, Sierra Leone and Togo.

USAID and IREX support Mandela Washington Fellows with continuing professional development opportunities in Africa. This is done with coordination support from the West Africa Civil Society Institute based in Accra, Ghana.

Participation in the conference is by invitation only.

For More Information:

Visit the Official Webpage of the Mandela Washington Fellowship

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Call for Applications

2015 Tony Elumelu Foundation Entrepreneurship Programme for Africans ( $100m Pan-African entrepreneurship initiative )

by lanredahunsi
written by lanredahunsi

Application Deadline: 1st of March 2015

Open: To startups and Entrepreneurs from all the 54 African Countries – For Africans based in Africans
Worth: $100M for 10,000 Startups/Entrepreneurs

Applications are now being accepted for the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) #TEEP #AfricanEntrepreneurs

The Tony Elumelu Foundation Entrepreneurship Programme (TEEP)  a 12-week programme to equip startups with the basic skills required to launch and run their businesses at the early stage of their growth.The programme will bring together the best tools and frameworks to teach and hone entrepreneurship skills in Africa and globally.

The Tony Elumelu Foundation Entrepreneurship Programme #TEEP, a Pan-African entrepreneurship initiative of the Tony Elumelu Foundation, is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.

The programme will be a mix of online and face-to-face instruction, including webinars and video tutorials with support from your mentor throughout. It will cover topics on starting and scaling a business, business development, marketing strategy, effective management and product design.

PURPOSE of The Tony Elumelu Foundation Entrepreneurship Program

Identify 10,000 African startups and entrepreneurs with ideas that have the potential to succeed

Grow the businesses through business skills training, mentoring, access to seed capital funding, information and membership in our Africa-wide alumni network

Create businesses that can generate at least 1,000,000 new jobs and contribute at least $10 billion in new annual revenues across Africa

tony-elumelu-entrepreneurship-programme

Programme Structure:

Mentoring

From the onset, TEEP start-ups will be assigned a TEEP mentor who will dedicate time and share their business experiences, listen to their mentee’s goals and expectations and provide guidance and support throughout the programme.

Tony Elumelu Foundation Programme (TEEP) BOOTCAMP

This is an intense interactive two-day live action learning experience where specialist trainers will help startups develop a range of soft skills using face-to-face, interactive teaching methods. This will take place at the end of the 12-week online training programme and prior to the Elumelu Entrepreneurship Forum. The 1000 pan-African TEEP startups will gather in one location to share their stories, build networks and develop their soft skills through personal engagement in an interactive environment.

SEED CAPITAL FUNDING

The African startups that successfully complete the 12-week programme with the support of their mentors and attend the two-day bootcamp and the Elumelu Entrepreneurship Forum will be awarded a non-returnable investment for further development of their business idea. Tony O. Elumelu, the Founder of the Tony Elumelu Foundation Entrepreneurship Programme (TEEP), will present the investment cheque, at the close of the three-day conference.

ONLINE RESOURCE LIBRARY

Start-ups, alumni and mentors of the Tony Elumelu Foundation Programme (TEEP) will have access to our curated online resource library of case studies, sample business plans, research documents, video presentations, industry articles and podcasts that will enhance the competitiveness of TEEP startups, accessible from anywhere in Africa.

TONY ELUMELU ENTREPRENEURSHIP FORUM

TEEP will host an annual TONY Elumelu Entrepreneurship Forum to showcase the African startup to a global audience of entrepreneurs, incubators, business, corporations, government, investors, academia and foundations. It will be a time of engagement, networking, learning and inspiration for start-ups as they conclude their TEEP tenure, and a chance to hear from world renowned executives, scholars and entrepreneurs.

tony-elumelu-foundation-entrepreneurship-programme

TEEP ALUMNI NETWORK

The Tony Elumelu Foundation Entrepreneurship Programme (TEEP) is a year-long programme in which selected start-ups each go through a 12-week training course, develop a rapport with a mentor and build the business. Graduation in December of each year marks the end of the programme and one might wonder, “what next?”

Applications for The Tony Elumelu Foundation Entrepreneurship Programme will be reviewed by the Selection Committee, whose members include:

  • Ory Okolloh, Director of Investments, Omidyar Network’s Government Transparency Initiative in Africa
  • Amadou Hott, CEO, Senegal’s Sovereign Wealth Fund
  • Ayodeji Adewunmi, CEO and Co-Founder, Jobberman
  • Dr Vera Songwe, Country Director, World Bank Group for Senegal, Cape Verde, Gambia, Guinea-Bissau and Mauritania
  • Opunimi Akinkugbe, CEO, Bestman Games Ltd
  • Dr Ndubuisi Ekekwe, Founder, First Atlantic Semi-Conductors & Microelectronics
  • Sam Nwanze, Chief Investment Officer, Heirs Holdings
  • Monica Musonda, CEO, Java Food in Zambia
  • Angelle Kwemo, Managing Director & CEO, Rimsom Strategies
  • Mariéme Jamme, CEO, Spotone Global Solutions
  • Dr Wiebe Boer, CEO, The Tony Elumelu Foundation

 

Apply Now for the Tony Elumelu Foundation Entrepreneurship Program

For More Information:

Visit the Official Webpage of the Tony Elumelu Foundation Entrepreneurship Program

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Impact Economy Innovations Grant Fund
Call for Applications

The Africa Impact Economy Innovations Fund ( US$100,000 for Social Enterprises).

by lanredahunsi
written by lanredahunsi

Application Deadline: June 30, 2013

The Rockefeller Foundation and The Tony Elumelu Foundation invite proposals from organizations interested in receiving support for initiatives aimed at fostering Africa’s Impact Economy, specifically by aiding the growth of the Impact Investing industry and social enterprise sector.

Grant Areas: The Africa Impact Economy Innovations Fund (IEIF) will fund projects that seek to:

• enable earlier stage capital solutions
• foster entrepreneurial ecosystems
• promote and establish impact investing industry infrastructure
• develop market ecosystems for specific sectors
• form leadership and networking platforms for common actions

Priority will be given to projects with specific geographic focus. Funding priorities of the IEIF are influenced by the directions set at the Impact Investing forum (IIF), held on April 5, 2013 and co-hosted by The Rockefeller Foundation, The Tony Elumelu Foundation, and The Bertha Center for Social Innovation and Entrepreneurship.

Amount: The IEIF will support approximately 7-8 proposals; interested organizations may apply to the fund for grants for up to 12 months with a maximum request of US$100,000, and may participate in more than one grant proposal.

Application Deadline: 30th June

Application Documents:

• Introduction and Guidelines
• Executive Summary
• Proposal

Please limit the proposal to 5-8 pages.

To Apply:

The IEIF will be managed by The Global Impact Investing Network in close collaboration with The Rockefeller Foundation and The Tony Elumelu Foundation. Interested organizations can apply by sending the completed forms and other required documentation to [email protected].

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