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Tony Elumelu Entrepreneurship Programme (TEEP) 2018 – $100 million for 10,000 African Entrepreneurs

Applications are currently ongoing for the Apply Now for Tony Elumelu Entrepreneurship Programme aimed at providing $100 million to create 10,000 African Entrepreneurs in 10 Years. Interested students should see the details below.

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Nigerian billionaire investor and philanthropist Tony Elumelu has committed $100 million to create 10,000 entrepreneurs across Africa over the next 10 years. Elumelu made the commitment on Monday during a press conference in Lagos to announce the launch of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP).

TEEP, a Pan-African entrepreneurship initiative of the Tony Elumelu Foundation, is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.

Value of Programme:

The 1,000 start-ups selected from a pool of applicants across Africa will participate in a comprehensive programme which will include;

  • A customized 12-week business skills training course
  • Start-Up Enterprise Toolkit
  • Mentoring
  • Resource Library
  • 2-Day Boot Camp
  • Seed Capital Funding
  • Elumelu Forum
  • Alumni Network

Number of Entrepreneurs:

There are 1,000 positions available annually for 10 years

Duration of Programme:

The programme will identify and help grow 10,000 start-ups and young businesses from across Africa over the next 10 years. These businesses will in turn create 1,000,000 new jobs and contribute $10 billion in annual revenues to Africa’s economy.

How to Apply:

All applications must be submitted online through the TEEP Portal. Answer a series of mandatory questions and upload additional documents and identification materials. You will receive a confirmation email within 1 working day of submission.

More details about the program, including eligibility and the application and selection processes are available on the Tony Elumelu Foundation website at:

Application Period:

Interested entrepreneurs will be able to submit their applications to join the programme as from 1stJanuary 2018 until Midnight WAT on March 1, 2018.



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