After so much anticipation, the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme were finally announced today in Lagos.
Mr Elumelu took to his various social media platforms to share the news about the newest entrepreneurs who were found befitting enough to participate in this year’s programme.
A live-streamed video of the event showed that Mr Tony Elumelu was present at the event, as were many dignitaries who represented some African countries.
— Tony O. Elumelu, CON (@TonyOElumelu) March 22, 2019
How the winners were selected – According to the TEF Panelist, the candidates were selected through different parameters which are:
2. Market opportunity
4. Leadership skill
5. The viability of the idea
About the foundation – The Tony Elumelu Foundation (TEF) is an African non-profit organisation which was founded in 2010 by Mr Tony Elumelu. It is headquartered in Lagos, Nigeria. The Foundation believes that with the right support, entrepreneurs can be empowered to contribute meaningfully to Africa’s prosperity and socioeconomic development.
The Foundation is intent on charting a new course for African philanthropy and does not operate merely as a grant-awarding organisation. It is a pioneer member of the Global Impact Investment Rating System (GIIRS).
Why it matters – Tony Elumelu has, through his foundation, empowered thousands of Africa’s future business leaders. More so, he has built networks and developed the right framework necessary for enhancing the competitiveness of African economies.
The Foundation has also set itself apart from grant-making organisations by operationalising various integrated programmes to support entrepreneurship in Africa.
The foundation has also improved areas like Policy development, research, and advocacy through its Africapitalism Institute, same as leadership development and recognition of excellence which the Tony & Awele Elumelu Prize (TAEP) honors.
Happy birthday to Mr Elumelu – Today also happens to be Mr Elumelu’s birthday. He is 56 years old. This makes it an absolutely great day for both the winners of TEF 2019 and Tony Elumelu himself.
Click here to download the complete list of successful applicants for TEF 2019.