The TEF-UNDP Sahel Youth Entrepreneurship Programme 2019 FAQs for Northern Nigeria, Niger, Chad, Cameroun, Mauritania, Mali and Burkina Faso
The TEF-UNDP Sahel Youth Entrepreneurship Programme 2019 FAQs for Northern Nigeria, Niger, Chad, Cameroun, Mauritania, Mali and Burkina Faso
Deadline: August 5, 2019.
The United Nations Development Programme (UNDP) and the Tony Elumelu Foundation (TEF) have launched a youth entrepreneurship programme for the Sahel region of Africa. The TEF-UNDP Sahel Youth Entrepreneurship programme will train, mentor and financially support 100,000 young entrepreneurs in Africa in 10 years . The goal is to contribute to the overall target to generate at least 10million new jobs and $10 billion in new annual revenues across Africa.
Please see FAQs below
FAQs
- What is the TEF-UNDP Sahel Youth Entrepreneurship Programme?
The TEF-UNDP Sahel Youth Entrepreneurship Programme is a partnership between the United Nations Development Programme (UNDP) and the Tony Elumelu Foundation (TEF) to empower 100,000 additional entrepreneurs over 10 years from seven Sahel African countries: Northern Nigeria, Niger, Chad, Cameroun, Mauritania, Mali and Burkina Faso.The partnership will target young Africans in under-served communities.
The goal is to create 10million new jobs and contribute at least $10billion to the African economy.
The Programme leverages the tried and validated approach to philanthropy on the continent pioneered by the Tony Eluemlu Foundation. It prioritises and positions entrepreneurship as the key enabler to catalyse the economic development of the African continent.
- Is this different from the Tony Elumelu Foundation Entrepreneurship Programme?
The Tony Elumelu Foundation (TEF) Entrepreneurship Programme is the flagship Programme of the Tony Elumelu Foundation—the leading philanthropy in Africa empowering African entrepreneurs.
The TEF Entrepreneurship Programme is the $100million commitment by the Elumelu family to mentor, train and financially support 10,000 African entrepreneurs in 10 years. The Programme is currently in the 5thfifth year of its commitment and has so far empowered over 7,500 entrepreneurs across 54 African countries.
The Tony Elumelu Foundation Entrepreneurship Programme provides the inspiration for the development of the TEF-UNDP Sahel Youth Entrepreneurship Programme which scales up the impact of the Foundation to empower an additional 100,000 entrepreneurs specifically from seven countries in Africa’s Sahel region.
- What will African entrepreneurs gain from the Programme?
African entrepreneurs will gain non-refundable seed capital, access to a 12-week business training and mentoring. They will also receive visibility and numerous business networking opportunities.
- What are the criteria for applying?
- You must be an African entrepreneur residing in any of the listed countries: Northern Nigeria, Niger, Chad, Cameroun, Mauritania, Mali and Burkina Faso
- Your business must not be more than 3years in existence. Potential businesses at the idea stage are encouraged.
- When is the application deadline for the 2019 application window?
The deadline for the 2019 applications is August 5, 2019.
Following the end of the application window, an initial longlist of 5,500 applicants will be selected to undergo the 12-week business training. After the training, the final shortlist of 2,000 applicants will be announced to join the previous 2019 TEF cohort.
- Where can entrepreneurs apply?
The applications will be run on TEFConnect, the largest digital networking platform for African entrepreneurs.
Interested entrepreneurs can apply on www.tefconnect.comor visit the nearest UBA branch in any of the listed countries.
- Where can I find out more information?
Visit TEF website: www.tonyelumelufoundation.orgor social media pages. You may also visit TEFConnect on www.tefconnect.com.
Source: Tonyelumelufoundation.org/press-releases/
As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).
Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.
Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.
We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.
Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
- Philanthropist Kole Akintujoye’s Our Daily Bread Foundation: Eradicating Hunger in Nigeria and Beyond - March 20, 2023
- 28 Reasons why Norland Network Marketing Company is the best in Nigeria - March 16, 2023
- Top 50 Ways to Generate Leads for Expertnaire Affiliate Marketing Platform in Nigeria - March 16, 2023