Competitions

TONY ELUMELU FOUNDATION WOMEN ENTREPRENEURSHIP FOR AFRICA (WE4A)

Apply for the Tony Elumelu Foundation Women Entrepreneurship for Africa (WE4A)

DEADLINE: Unspecified

Women Entrepreneurship For Africa (WE4A)

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).

What is Women Entrepreneurship 4 Africa?

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.

Who are the partners?

EU (European Union), Organization of African, Caribbean and Pacific Group of States (OACPS) jointly with the Federal Ministry for Economic Cooperation and Development (BMZ), TEF (Tony Elumelu Foundation) and GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit).

This component will be implemented by SAFEEM (Swiss Association for Entrepreneurship in Emerging Markets).

APPLICATION PROCESS

Who is eligible?

Female entrepreneurs from the TEF Alumni network.

Why do I need to be an Alumni of TEF to be a part of the program?

TEF is the sourcing partner for this program and will only source female entrepreneurs from their network.

What stage should my start-up be to qualify for the program?

You should have a working product and ideally already have customers.

Does my start-up need to leverage technology to qualify for the program, if so what technology?

No, the program is open to businesses operating across all business sectors.

Once applications are closed, how long will the selection process take?

6 to 8 weeks.

How will I know if I have been accepted to the program?

The execution partners will inform you via email if you have been accepted to the program.

Please make sure to regularly check your emails and spam folder.

Click here to Visit Apply for the Tony Elumelu Foundation Women Entrepreneurship for Africa (WE4A)

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