Tony Elumelu Foundation (TEF) Women Entrepreneurship For Africa (WE4A) Program 2024

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Applications are now open for the TEF Women Entrepreneurship For Africa (WE4A) Program. The “Women Entrepreneurship for Africa” (WE4A) program is an action jointly supported by the European Union (EU), the Organisation of African, Caribbean and Pacific States (OACPS) and the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by the Tony Elumelu Foundation (TEF), and the German Development agency GIZ (E4D program). It is focused on empowering underserved communities in Sub-Saharan Africa comprising of women, youth, and the informal sector. The Acceleration/Growth Programme will be implemented with support of SAFEEM (Swiss Association for Entrepreneurship in Emerging Markets).

The TEF Women Entrepreneurship For Africa (WE4A) program aims to improve the business capacity of women-led enterprises to increase their chances of raising follow-on funding from private sector investors. Additional grant funding up to €50.000 in conjunction with a growth program will be provided to 15 enterprises selected by an expert panel as having the most high-growth potential. This program will be an additional 3 months.

Program Details

The TEF Women Entrepreneurship for Africa (WE4A) program will last for 3 months of acceleration, and if you are selected, it will be followed by a growth program and technical assistance for an additional 3 months.
There will be 2 startup cohorts for the acceleration, with 60 startups in each cohort and every startup represented will be informed on what cohort they are in.
Training and all related program activities will be delivered virtually via Zoom. There will also be an online program management and e-learning platform.

Program Benefits

Women entrepreneurship for Africa seeks to provide 120 female entrepreneurs from the TEF alumni network, with access to €10.000 in grant funding that will be paired with 3 months of technical support through a virtual acceleration program.
Additional grant funding up to €50.000 in conjunction with a growth program will be provided to 15 enterprises selected by an expert panel as having the most high-growth potential. This program will be an additional 3 months.

Both the initial acceleration and the follow-on growth programs aim to support women entrepreneurs, in Sub-Saharan Africa, to flourish and contribute to employment creation in their communities through enhanced business capacities, access to formal financial services, and integration into local and regional value chains.

Who is eligible for TEF Women Entrepreneurship For Africa?

Female entrepreneurs from the TEF Alumni network.

How To Apply for TEF Women Entrepreneurship For Africa(WE4A) Program

Click Here to Apply

Deadline: March 31, 2024

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