info@businessghana.com
Africa’s biggest entrepreneurship flagship programme, the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) has this year selected 1,250 entrepreneurs across Africa out of more than 150,000 Africans from 114 countries worldwide who applied to join the 4th cycle of The Tony Elumelu Foundation’s (TEF) 10-year, $100 million TEF Entrepreneurship Programme. Out of this number, 44 Ghanaian innovative entrepreneurs have made Ghana proud to be selected into this year’s cohort.
The flagship programme is currently in partnership with the Red Cross, GIZ, UNDP and Indorama, alongside ongoing discussions with other international organizations, there was a near 50-50 split between male and female applications, reflecting the entrepreneurial ambition of Africa’s women. Agriculture was the leading sector among selected entrepreneurs at 30.5%, followed by technology (10.5%) and Education & Training (9%). TEF CEO, Parminder Vir OBE, said: “the entrepreneurs will receive online training and mentoring, and will use the skills acquired to develop business plans prior to receiving $5,000* in seed capital. This will bring TEF’s total Programme investment so far to $15 million in direct funding to entrepreneurs and $5.8 million in Programme & technology development and operations.
In related development, 5,000 selected entrepreneurs and TEF Alumni would be converging in Lagos Nigeria for the 2018 TEF Forum of which His Excellency Nana Akufo-Addo and his Kenyan counterpart, His Excellency Uhuru Kenyatta would be the Special Guests of Honour on the 25th September, 2018. It is expected that the Ghanaian Entrepreneurship Community would be meeting the selected Ghanaian Entrepreneurs in a special meeting in the month of October, to support them in attending the international forum and also to support their businesses to be fully established.
TEEs Ghana 2018
The some of the selected 2018 Tony Elumelu Entrepreneurs from Ghana, expected to benefit from the $5,000 seed capital are;
