Applications were open for the United Nations Development Programme (UNDP) in partnership with Tony Elumelu Foundation (TEF) youth entrepreneurship programme 2019 for the Sahel region of Africa and over 81,000 applications were received.
The TEF-UNDP Sahel Youth Entrepreneurship programme will train, mentor and financially support 100,000 young entrepreneurs in Africa in 10 years .
The goal is to contribute to the overall target to generate at least 10million new jobs and $10 billion in new annual revenues across Africa.
Click here to see the full list of shortlisted applicants
In addition to emails, all successful applicants will be notified by SMS. They can also check at UNDP country offices and UBA Branches closest to them.
What is the programme timeline for the TEF-UNDP Sahel Youth Entrepreneurship Programme?
- 81,000 applications were received by August 20
- 5,240 have been shortlisted this in October to receive business training
- 2,500 will be shortlisted for the pitching competition in November
- Final 2,100 who will receive seed capital will be announced in December 2019
The shortlisted entrepreneurs will gain access to robust business training that will equip them for the development of their business plan and prepare them to pitch their business ideas.
At the end of the training, successful entrepreneurs will be invited to pitch their business plans to stand a chance to access the non-refundable seed capital.
What are the immediate next steps for shortlisted Entrepreneurs?
Shortlisted entrepreneurs will proceed into the foundation’s business training programme.
For the next business training stage, all shortlisted applicants are categorised into two units – Growing Businesses and Micro businesses (smaller businesses).
The Growing Business Category will receive their training on TEFConnect.
The Microbusiness Category will receive their training in designated physical locations.
If you applied online, you have automatically been placed in the growing business Category. If you applied offline, you have automatically been placed in the Microbusiness category, if you applied offline and wish to be placed in the growing business category, please send an email with your first name, last name, email and phone number to [email protected] to change your category.
For more Information: Visit the website for TEF-UNDP Training Program 2019