The Tony Elumelu Foundation (TEF) Grant is one of the most prestigious entrepreneurship support programs in Africa. Designed to empower young African entrepreneurs, the program provides non-refundable seed capital, mentorship, business training, and networking opportunities. If you’re a Nigerian youth with a strong business idea or an existing small business, this guide will walk you through how to apply step-by-step.
Contents
What is the Tony Elumelu Foundation Grant?
Overview
Launched in 2015 by Nigerian philanthropist Tony O. Elumelu, the TEF Entrepreneurship Programme offers:
- $5,000 in seed funding
- Access to world-class business training
- 12-week intensive business mentoring
- Global networking opportunities
It is open to entrepreneurs across Africa, with a strong focus on youth and women-led businesses.
Eligibility Criteria for 2025
Before applying, make sure you meet the following requirements:
- Must be a legal resident or citizen of an African country
- Your business idea must be for-profit
- Must be 0 to 5 years old (for existing businesses)
- Applicant must be 18 years or older
- You must complete the TEF Business Training Program
Step-by-Step Guide: How to Apply for TEF Grant
Step 1: Visit the Official Portal
Go to the TEFConnect website. This is the official application and networking platform.
Step 2: Create a Free Account
Click Sign Up and provide your:
- Full Name
- Email Address
- Phone Number
- Country of Residence
- Password
Then verify your email to activate your account.
Step 3: Complete Your Profile
Once logged in, complete your profile with accurate details including:
- Bio and photo
- Educational background
- Business sector
Step 4: Begin the Application
Click on “Apply for TEF 2025” and start your application form. You’ll need to fill in:
- Business name and stage (Idea, Start-up, or Established)
- Industry/sector
- Problem your business solves
- How your idea is innovative
Step 5: Upload Supporting Documents
Though not always mandatory, providing business registration documents, a pitch deck, or business plan can improve your chances.
Step 6: Take the Training
Selected applicants must participate in the 12-week online business training which covers:
- Financial planning
- Marketing
- Operations
- Scaling a business
Step 7: Submit the Final Business Plan
After training, you’ll submit your final business plan and financial forecast. A panel of judges will evaluate it for feasibility and impact.
Step 8: Receive Funding
Successful candidates receive $5,000 in seed capital (non-refundable), either as direct cash or in-kind support.
Tips to Improve Your Chances
- Write a clear and compelling business idea
- Focus on impact, innovation, and scalability
- Practice your business pitch regularly
- Ensure your business addresses a real need in your community
- Avoid errors and submit early before the deadline
Common Mistakes to Avoid
- Incomplete application
- Vague or unrealistic business model
- Ignoring the training phase
- Missing the deadline
When is the TEF Application Deadline?
The 2025 application window typically opens in January and closes by March 31st. Always confirm exact dates on www.tefconnect.com.
Conclusion
The Tony Elumelu Foundation Grant is more than just funding — it’s a full entrepreneurship ecosystem. Thousands of Nigerian youth have transformed their lives through this opportunity. If you’re passionate about growing your business and making an impact, this is your chance.
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Together, let’s empower the next generation of African entrepreneurs!