7 PILLARS OF THE TONY ELUMELU FOUNDATION ENTREPRENEURSHIP PROGRAMME - (6) SEED CAPITAL

 

In reality, all the training, mentorship and support can get you very far, but lack of capital is one of the fundamental reasons African businesses can’t grow.  TEEP has designed a two-part seed capital funding scheme, providing a total of $10,000 each for our start-ups to really get your business off the ground.

The first phase is non-returnable seed capital investment of $5,000 awarded on completion of draft business plan and training, available to all entrepreneurs in our programme.  The money will be dispersed immediately following the 2-day boot-camp and Elumelu Entrepreneurship Forum.

The second phase is a returnable $5,000 investment, following the conclusion of that cycle year.  Our start-ups will also be in a great position to attract investors having learned and perfected their business models.

For more information, visit our website www.tonyelumelufoundation.org/teep