Alumni of the Tony Elumelu Foundation have officially launched the Foundation’s local hub in Liberia and the 2019 application drive. The event brought together past a present beneficiaries of the Foundation, partners from UBA and prospective applicants for the 2019 cycle.
The Alumni used the occasion to conduct an info section on the various steps of the application process and encouraged entrepreneurs to take advantage of the opportunity of becoming a Tony Elumelu Entrepreneur. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs.
The Programme’s objective is to generate at least 1,000,000 new jobs and create at least $10 billion in new business revenue across Africa.
Now in its 5th year, the TEF Entrepreneurship Programme has empowered 4,470 entrepreneurs, using a bespoke and robust selection, training and implementation process to create visible and sustainable impact across all 54 African countries. Since its inception in 2015, over 17 Liberian Entrepreneurs have benefitted from the Tony Elumelu Foundation Initiative.
According to TEF Founder Tony O. Elumelu, CON, “The private sector must be the core driver of Africa’s economic transformation, but this sector cannot attain its full potential if entrepreneurs are left behind. We call on all stakeholders – policymakers, business leaders and development agencies – to actively commit to creating a better future for our young Africans who have demonstrated intellect, skill, and passion, to empower them to succeed because their success is Africa’s success.
This year, Applicants can apply at www.tefconnect.com<http://www.tefconnect.com>, the largest digital networking platform for African Entrepreneurs. The TEF Entrepreneurship Programme is open to citizens and legal residents of all African countries, who run for-profit businesses based in Africa that are no older than three years. The deadline for applications submission is March 1, 2019.