The TEF Entrepreneurship Program is open to entrepreneurs from across Africa, either with new startup ideas or existing businesses of less than 3 years existence, operating in any sector. Successful applicants will join the over 9,000 current beneficiaries, from 54 African countries, and receive business training, mentoring, a non-refundable USD 5 K of seed capital and global networking opportunities. Entrepreneurs are eligible to apply if they have a business idea or a startup under 3 years of existence in any sector and in any country across Africa.

The Program is a 10-year, USD 100 M commitment to identify, train, mentor and fund 10,000 young African entrepreneurs. The goal is to create millions of jobs and the revenue required for the sustainable development of the continent, implementing the philosophy of Africapitalism, which positions the private sector as the growth engine for Africa and emphasizes the importance of creating social and economic wealth.

Applicants must be 18 years old and must not be considered a minor in their country of residence. There is no upper-limit age restriction. The applications must focus on one business only. The program is not open to research institutions, faith-based organizations, value adding trading companies, government contractors and businesses not located in Africa. Businesses must not adversely affect the environment, lives and property. Business ideas must be for profit and must be the original work of those making the submission. Interested participants can apply here before March 31, 2023.