The Tony Elumelu Foundation Entrepreneurship Programme (TEEP) – $100M for 10,000 African Entrepreneurs/Startups

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Application Portal for the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) opens January 1st 2015

Application for the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) closes March 1st 2015

The Tony Elumelu Foundation Entrepreneurship Programme (TEEP) is the flagship entrepreneurship programme of the Tony Elumelu Foundation, founded by the entrepreneur, respected investor and philanthropist Tony O. Elumelu.

The vision of the “The Tony Elumelu Foundation Entrepreneurship Programme (TEEP)” is to establish the pre-eminent pan-African entrepreneurship programme and create 10,000 startups across Africa within the next 10 years that generate significant employment and wealth.

PURPOSE

Identify 10,000 African startups and entrepreneurs with ideas that have the potential to succeed

Grow the businesses through business skills training, mentoring, access to seed capital funding, information and membership in our Africa-wide alumni network

Create businesses that can generate at least 1,000,000 new jobs and contribute at least $10 billion in new annual revenues across Africa

The Tony Elumelu Foundation Entrepreneurship Programme is a tool for implementing this vision. The programme is open to young compelling businesses with strong market feasibility, clear financial models and run by capable teams.

Selection into the programme will be a thorough process with no quotas of any kind to simply identify the game changers in the continent. The programme will support selected entrepreneurs through the 7 Pillars of TEEP, a framework that includes mentorship, online and live learning, as well as access to information, networking and seed capital.

Selection Committee of the Tony Elumelu Foundation Entrepreneurship Programme (TEEP)

Ory Okolloh

Ory Okolloh is currently a Director of Investments at Omidyar Network Africa, a philanthropic investment firm.   Prior to joining Omidyar Network, Ory was Google’s policy manager for sub-Saharan Africa. She was responsible for managing government relations and driving the implementation of policies that increased Internet access and supported the growth of local online content.

Ayodeji Adewunmi

Ayodeji Adewunmi is the President & CEO of Jobberman, a company he co-founded in 2009 while in University, which operates the leading employment websites in Nigeria, Ghana, Kenya, Tanzania, Uganda, Rwanda and Ethiopia. Jobberman is currently the largest employment website in Sub-Saharan Africa in terms of revenue, audience and customers.

Prof Ndubuisi Ekekwe

Prof Ndubuisi Ekekwe is the Chairman of FASMICRO Group with interests in microelectronics, data analytics and advisory services. He earned a PhD in engineering from the Johns Hopkins University and patented a medical robot controller. In Analog Devices, he created the first wafer level chip scale package for inertial sensors and worked on a generation accelerometer for the iPhone.

For More Information:

Visit the Official Webpage of the Tony Elumelu Foundation Entrepreneurship Programme: http://www.tonyelumelufoundation.org/teep/

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