Tony Elumelu Foundation Women Entrepreneurship For Africa (WE4A) Program for female entrepreneurs (€10.000 in grant funding + Additional grant funding up to €50.000

Tony Elumelu Foundation(TEF) Women Entrepreneurship For Africa (WE4A) Program for female entrepreneurs (€10.000 in grant funding + Additional grant funding up to €50.000)

Women entrepreneurship for Africa is an EU, OACPS and BMZ funded program, that 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.

The 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.

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.

ALSO READ: UNDP African Young Women Leaders (AfYWL) Fellowship Programme 2021

Benefits

  • €10,000 in grant funding to 120 women entrepreneurs from the TEF alumni network.
  • 3 Months of technical support through a virtual acceleration program.
  • Up to €50,000 additional grant funding for up to 15 enterprises with high-growth potential.

Eligibility Requirements

  • Female entrepreneurs from the TEF Alumni network.
  • You should have a working product and ideally already have customers.

APPLY HERE

For more information visit the official webpage of Women entrepreneurship for Africa

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