Tony Elumelu Foundation opens applications to its $100m Entrepreneurship Programme for young Africans

Economic governance
Monday, 07 January 2019 14:04
Tony Elumelu Foundation opens applications to its $100m Entrepreneurship Programme for young Africans

(Togo First) - The Tony Elumelu Foundation recently opened applications to the new edition of its Entrepreneurship Programme. With a budget of $100 million, this program targets young Africans with business projects or entrepreneurs who have been in business for at least three years.

Selected participants will get a seed funding of $5,000 and will be provided training in business management, mentorship and networking to support their projects and give them visibility to achieve this.

According to Tony Elumelu, President of the eponymous foundation, the goal is to give young African entrepreneurs the chance to develop projects. “These may be the next UBAs (United Bank for Africa),” said the business mogul while referring to his professional path. “I am a beneficiary of luck, and I am passionate about sharing it across the continent, to all 54 countries,” he added.  

Overall, 1260 spots are open starting January 1, 2019. Deadline for submission of applications is March 9, 2019.

Séna Akoda

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