Somalilandsun – The Tony Elumelu Foundation has recently launched an new $100m entreneurship programme that aims to empower the next generation of African entrepreneurs.
Successful applicants will participate in a comprehensive programme designed to equip them with the skills needed to build a successful business. The programme includes seed funding, a customized 12-week business skills training course, mentoring, an entrepreneurship ‘boot camp’, participation in the annual Elumelu Entrepreneurship Forum, membership of the Alumni Network and much more.
The programme will identify and help grow an initial 10,000 start-ups and young businesses from across Africa over the next 10 years, targeting the creation of 1,000,000 new jobs and $10 billion in annual revenues.
The Tony Elumelu Foundation Entrepreneurship Programme is inspired by three guiding principles: the inclusive economic philosophy of Africapitalism, based on the belief that a vibrant African-led private sector is the key to unlocking Africa’s economic and social potential; commitment to drive African economic growth through the empowering of African entrepreneurship; and a mission to ‘institutionalise luck’ by creating an environment where African entrepreneurs can get critical elements of support in the early stages of their business life.
For more information about the Tony Elumelu Foundation Entrepreneurship Programme, please contact: Toyin Awesu, Integrated Marketing and Communications Manager, on toyin.awesu@tonyelumelufoundation.org or + 234-1-2774641-5
The programme is not affiliated to the AECF. The information is provided by the Foundation in case it may of interest to any AECF friends and grantees in its network.
