The Tony Elumelu Entrepreneurship Foundation has announced a date for its fourth annual TEF Forum in Nigeria. The forum is slated for October 25, and holds at the Federal Palace Hotels, in Victoria Island, Lagos.
Launched in 2010, TEF has the vision to unlock obstacles that Africa’s entrepreneurs face as they grow their “startups into small to medium enterprises (SMEs), their SMEs into national growth companies, and their national growth companies into African multinationals.”
Every year, the TEF Entrepreneurship Programme provides 1,000 entrepreneurs with business training, mentoring, access to seed capital funding and membership into the TEF Africa-wide Network @TonyElumeluFDN #TEFinKenya #TEFfoundersForum
— Microsoft 4Afrika (@4Afrika) April 12, 2018
TEF Forums are quite famous and widely attended, and this year’s promises to be no different. Over 5,000 guests will reportedly be in the audience on October 25. Drawn from a mix of investors, entrepreneurs, and even startup founders, the event is a key time to share ideas and network make new acquaintances.
The TEF Entrepreneurship Forum is the only event across the continent that brings together the complete African entrepreneurship ecosystem, demonstrating our commitment to capturing the whole continuum – from the entrepreneurs themselves, governments who must provide enabling environments, to capital, advice and perhaps most importantly access and network.
Interestingly, the event will also be graced by two African presidents; Kenya’s Uhuru Kenyatta and Ghana’s Nana Akufo-Addo are both expected to attend the event come October. Both leaders will take part in an interactive session, and discuss African business and the role young people can play.
Additionally, the event spotlights the cohorts of the 2018 Tony Elumelu Entrepreneurship Programme (TEEP). The event also signals the start of their twelve weeks incubator programme.
When I received my bank alert from .@TonyElumeluFDN of $5k, the first thing I did was to NOT go to the bank. I sat in my house instead….for TWO whole months.
It turned out to be a very smart and profitable decision later.
— Femi 👑 (@obasaolorunfemi) August 1, 2018
Launched by Tony Elumelu, founder of one of Africa’s foremost banks UBA, TEEP (and TEF) is playing a pole position in bolstering entrepreneurship in Africa.
The TEEP programme is an entrepreneurship incubator programme and is backed by $100 million funding for 10,000 entrepreneurs.
Over the years, the TEEP programme has helped to launch the careers of some notable startups on the continent. So far, stats show that about 4,000 entrepreneurs have been impacted and about $20 million in funding has been expended.
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