Entrepreneurs must complete the online application and selection is on a rolling basis, so early application is encouraged.The Programme is designed to identify entrepreneurs that have the potential to grow their businesses and collectively generate 1,000,000 new jobs, that can contribute at least $10 billion in additional revenues to the African economy.,
The success of 2015 Tony Elumelu Entrepreneurs reflects the impact of the Programme, including:1. Momar Mass-Taal (Agriculture, Gambia) turned his $5,000 seed capital into $1.2 million in revenue2. Bukhary Kibonajoro (Education & Training, Tanzania) used the mentorship and training to launch his business, create 34 new jobs and provide growth services for more than 100 local business in 12 months.3. Chioma Okonu (Waste Management, Nigeria) Has created ancillary revenue streams for more than 6,000 households, created 40 jobs and generates over $50,000 in profit.To be eligible to apply:
1. Businesses must be based in Africa
2. Businesses must be for-profit3. Applicants must be 18 years of age and above4. Applicants must be a legal resident or citizen of African countries1,000 entrepreneurs will be selected based on the feasibility of the business idea; market opportunity; financial understanding; scalability; leadership and entrepreneurial skills demonstrated in the application. To register click here
