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2025 Tony Elumelu Foundation Grant: $5,000 For Aspiring African Entrepreneurs

2025 Tony Elumelu Foundation Grant: $5,000 For Aspiring African Entrepreneurs
2nd January, 2025 Scholarships
Apply for the 2025 Tony Elumelu Foundation Grant and receive $5,000 seed funding, world-class training, mentorship, and networking opportunities to grow your business. Open to African entrepreneurs with innovative ideas or businesses under 5 years old. Apply on TEFConnect!



The 2025 Tony Elumelu Foundation Grant offers an incredible opportunity for aspiring African entrepreneurs. With a focus on innovation and sustainable business practices, this program provides selected participants with $5,000 in seed capital, expert mentorship, and access to a network of successful entrepreneurs.

In addition, entrepreneurs will receive world-class training designed to equip them with the skills needed to scale their businesses. Whether you’re just starting out or looking to grow an existing venture, this grant is an excellent chance to turn your entrepreneurial vision into reality.



Summary of 2025 Tony Elumelu Foundation Grant

  • Host: Tony Elumelu Foundation
  • Category: Training
  • Eligible Countries: All African countries
  • Reward: $5,000 seed funding, world-class training, expert mentorship, and networking opportunities
  • Deadline: March 1, 2025


About 2025 Tony Elumelu Foundation Grant


The 2025 Tony Elumelu Foundation Grant is a prestigious initiative designed to support and empower African entrepreneurs. The program offers selected participants $5,000 in non-refundable seed funding to help scale their businesses. In addition to financial support, entrepreneurs will receive intensive business training, mentorship from successful business leaders, and the opportunity to network with a vibrant community of entrepreneurs across Africa.


This year, the foundation is focusing on entrepreneurs with innovative ideas and businesses that are scalable and sustainable. The program is open to individuals from all African countries who have business ideas or existing businesses that are no older than five years. With an emphasis on leveraging technology, sustainability, and AI, this grant provides a solid foundation for entrepreneurs to grow their ventures and contribute to Africa’s economic development.



2025 Tony Elumelu Foundation Grant Benefits


Successful applicants receive a world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities.



2025 Tony Elumelu Foundation Grant Eligibility

To be eligible for the Tony Elumelu Foundation Enterprenuer Grant, applicants must satisfy the following conditions:
  • Applicants must also be at least 18 years of age.
  • Be African entrepreneurs with startups or business concepts poised for growth

Programmes Available:

1. TEF Entrepreneurship Programme: Open to all African entrepreneurs with innovative business ideas or existing businesses not older than five years. This year, there's a special emphasis on businesses leveraging Artificial Intelligence (AI) and green initiatives. Applicants must be at least 18 years old.


2. IYBA-WE4A Entrepreneurship Programme: In partnership with the European Union (EU) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), this programme is exclusively for women entrepreneurs with green business ideas or existing green businesses in Senegal, Tanzania, Uganda, Cameroon, Kenya, Mozambique, Malawi, and Togo. Applicants must be at least 18 years old, with businesses not exceeding five years in operation.

3. Aguka Ideation Programme: A collaboration with UNDP Rwanda and the Rwandan Ministry of Youths and Arts, this programme supports young Rwandan entrepreneurs aged 18-30 with business ideas, providing seed capital of $3,000 to nurture innovative concepts into viable enterprises.

4. Aguka Ideation Programme: Open to Rwandan entrepreneurs with businesses in the idea stage and aged 18-30.

5. BeGreen Africa Programme: This programme is open to entrepreneurs with green businesses in Nigeria, Senegal, and South Africa, as well as waste management businesses specifically in Kenya. Applicants must be between 18 and 35 years old.


TEF Grant 2025 PROGRAMME PHASES:
  • Application Phase (Jan 1 – Mar 1, 2025): Entrepreneurs submit their business ideas or details of existing businesses via TEFConnect.
  • Selection & Onboarding:
    Successful applicants are selected and onboarded onto TEFConnect to begin the program.
  • Training Phase (12 Weeks):
    A comprehensive 12-week online business training program covering key entrepreneurial skills.
  • Mentorship & Networking:
    Participants receive mentorship from experts and connect with a network of entrepreneurs.
  • Seed Capital Phase:
    Entrepreneurs receive up to $5,000 in seed funding to support business growth.
  • Post-Program Support:
    Ongoing support, resources, and access to the TEF alumni community for continued growth.



How to Apply for2025 Tony Elumelu Foundation Grant

  • Register on TEFConnect (the official application platform).
  • Complete the application form with your business details and goals.
  • Submit required documents (business plan, financials, etc.).
  • Submit your application before the deadline (March 1, 2025).
  • Wait for selection results to be notified if you're chosen



Click Here To Apply
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