The Tony Elumelu Foundation Entrepreneurship Programme
(TEEP) is a holistic 12 month programme that will occur every year, for the next decade. This means that for the next 10 years, our
#AfricanEntrepreneurs stand a chance at making their ideas for transforming
Africa come to fruition!
Each programme cycle begins with APPLICATIONS from January
1st until March 1st. The application
portal opens and ushers in a new year for the programme and for our prospective
start-ups.
We will accept applications from all across the continent,
from various sectors including but not limited to;
Agriculture
ICTHousing
Media
Education
Transportation
Textiles
Manufacturing
Our terms and conditions can give you an idea of what
businesses are NOT eligible to apply.
Selection of TEEP start-ups takes place in the month of
March. From thousands of applications,
the Tony Elumelu Foundation, along with our independent expert Selection
Committee will select the 1000 BEST applicants to join the programme as
certified #TEEP Start-ups.
Now the 'fun' begins! (actually the work begins)
In April all 1000 of our start-ups will log into the
online mentoring and learning portal to begin the 12 week Start-up Enterprise
Tool-kit training course. Start-ups will
also be assigned a mentor from day one who will guide and support them
throughout the 12-week course, and for the duration of this programme
cycle! Start-ups will have access
to a vast array of business resources, articles, videos, case studies and more
in our curated Online Resources Library also hosted on this portal.
The Boot-camp and Elumelu Entrepreneurship Forum will take
place annually in July. This will be an
opportunity for expedition, live-learning of soft skills, and interaction
between the 1000 start-ups, mentors, investors and other stakeholders in the
entrepreneurship space.
Start-ups receive their first round of non-returnable $5,000 seed capital investment at the end of the Boot-camp and Elumelu Entrepreneurship Forum.
From August to December, the start-ups will work with
their mentors, the $5,000 seed capital, and all the online resources at their
disposal to complete and solidify their business plans, in order to qualify for
follow up funding from us - in form of a returnable $5,000 investment.
Start-ups will also be in the position to attract
investors given that they have not only been 'TEEP certified' and displayed on
the world stage, but they have viable business plans and truly transformative
and implementable ideas!
Now you know all that goes into this 12 month programme, we
only have one question…
ARE YOU READY TO APPLY?
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