• Foundation

The Tony Elumelu Foundation

The Tony Elumelu Entrepreneurship Program identifies African startups and African entrepreneurs with ideas that have the potential to succeed and puts them through a boot camp to improve their skills. Upon completion of the 12-week Start-up Enterprise Toolkit (learning) programme, certification of submitted business plan, provision of required documentation, business bank account, among other requirements, entrepreneurs will qualify for the first stage non-refundable seed capital of $5,000 (terms and conditions apply).

  • Stages of Support

    • Idea
    • Start-up
    • Early
    • Growth
    • Mature

  • Nonfinancial support delivery mechanism

    • Mentoring
    • Fellowships
    • Classroom / seminar training
    • Online / mobile
    • Competitions / prizes
    • Peer to Peer / Network-based Support

  • Nonfinancial Support

    • Leadership development
    • Access to networks and partners
    • Business strategy and planning
    • Ideation

  • Investment Instruments

    • Debt
    • Grant

  • Intervention Type

    • Invest Directly
    • Promote and educate about entrepreneurship
    • Research

  • Sectors of Focus

    • Sector agnostic

  • Stakeholder or Business Model Focus

    • Social enterprise
    • Science, engineering or invention based businesses
    • Advocacy
    • Citizen empowerment
    • Youth entrepreneurs
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