Eligibility/Criteria
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- Startup African entrepreneurs based in Africa
- Business at the idea stage are welcome, as well as innovative businesses that have been in existence for less than 3 years
- Business can be in any sector
- Business must have potential to create jobs and revenue on the continent
Timelines:
- January 1, 2021: Application portal opens
- March 31, 2021: Application portal closes; initial longlist is announced to proceed for business training
- April – May: Training & mentorship
- June: Pan-African pitching competitions
- July: Announcement of finalists at the TEF Forum
- August – September: Background Check
- August – December: Seed Funding Disbursement
Selection Process:
- Following applications, African entrepreneurs will undergo business training.
- Shortlisted candidates will prepare and submit an updated business plan
- Top performing entrepreneurs will be shortlisted to go through a pitching phase in all 54 African countries, in English, French, Portuguese or Arabic.
- Top performers will be selected to receive the $5,000 seed capital.
- Finalists to receive $5,000 seed capital will be announced at the TEF Forum
How to Apply
Log on to the multilingual application portal on www.tefconnect.com to sign up today.
-
- Startup African entrepreneurs based in Africa
- Business at the idea stage are welcome, as well as innovative businesses that have been in existence for less than 3 years
- Business can be in any sector
- Business must have potential to create jobs and revenue on the continent
Timelines:
- January 1, 2021: Application portal opens
- March 31, 2021: Application portal closes; initial longlist is announced to proceed for business training
- April – May: Training & mentorship
- June: Pan-African pitching competitions
- July: Announcement of finalists at the TEF Forum
- August – September: Background Check
- August – December: Seed Funding Disbursement
Selection Process:
- Following applications, African entrepreneurs will undergo business training.
- Shortlisted candidates will prepare and submit an updated business plan
- Top performing entrepreneurs will be shortlisted to go through a pitching phase in all 54 African countries, in English, French, Portuguese or Arabic.
- Top performers will be selected to receive the $5,000 seed capital.
- Finalists to receive $5,000 seed capital will be announced at the TEF Forum
How to Apply
Log on to the multilingual application portal on www.tefconnect.com to sign up today.
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