Tony Elumelu Foundation Programme 2027 – $5,000 Grant
By Status: open
The next TEF application window usually opens early in the year. Create your TEFConnect account now so you are ready when it opens.
Status last checked September 24, 2026
The Tony Elumelu Foundation (TEF) Entrepreneurship Programme is one of Africa's best-known funding opportunities for early-stage founders. Launched in 2015 with a commitment of $100 million to empower 10,000 African entrepreneurs over ten years, it has since expanded with partners such as the UNDP, the European Union and others. Selected entrepreneurs receive $5,000 in non-refundable seed capital, business management training and mentoring through the TEFConnect digital platform. It is open to entrepreneurs from all 54 African countries and across every sector. This guide explains who can apply for the next cycle, what the programme offers and how to prepare a competitive application.
Overview
The programme is run through TEFConnect, the foundation's online hub for African entrepreneurs. Applicants submit a business idea or an existing early-stage business, answer questions about the problem they are solving, their market and their plans, and complete a structured business management training programme if selected. Seed capital is typically released in stages after training milestones and a business plan are completed. Partner-funded cohorts sometimes focus on particular groups, such as women entrepreneurs or specific countries, so read each call carefully.
Eligibility Requirements
- Citizen or legal resident of any of the 54 African countries
- Aged 18 or over
- Business idea or for-profit business, usually up to three years old, based and operating in Africa
- Business in any sector
- Ability to communicate in English, French, Portuguese or Arabic (the languages the application is offered in)
- Commitment to complete the programme's training and mentoring
Benefits
- $5,000 non-refundable seed capital — no equity taken and no repayment required
- Structured business management training delivered online
- Mentorship from experienced entrepreneurs and professionals
- Access to the TEFConnect network of African entrepreneurs
- Invitation to the TEF Forum and networking events (subject to programme rules)
- Credibility and visibility with investors, partners and customers
Application Process
- 1Create a free account on tefconnect.com
- 2Wait for the application window to open (announced on the TEF website and social channels)
- 3Complete the online application describing your business idea, market, team and growth plan
- 4Submit before the closing date — late applications are not accepted
- 5Applications are screened and scored; selected entrepreneurs are notified by the foundation
- 6Complete the business management training and submit your business plan
- 7Receive seed capital in line with programme milestones
Required Documents
- Valid means of identification (national ID, passport or other accepted ID)
- Clear description of your business idea or existing business
- Basic financial information and projections
- Business registration documents, if your business is already registered
Deadline
The TEF Entrepreneurship Programme usually opens applications early in the year (January) and closes a few weeks later. Watch tonyelumelufoundation.org and tefconnect.com for the official 2027 dates.
Visit Official WebsiteFrequently Asked Questions
Is the Tony Elumelu Foundation grant a loan?
No. The $5,000 seed capital is non-refundable and the foundation does not take equity in your business.
Do I need a registered business to apply?
No. You can apply with a business idea or an early-stage business. Registration may be requested as you progress through the programme.
Can students apply for the TEF programme?
Yes, if you are 18 or older, are African, and meet the other eligibility criteria for the cycle.
Does applying cost anything?
No. Applying is free. Be wary of anyone asking for payment to help you 'secure' a TEF grant.
How often does the TEF programme run?
It has run annually since 2015, typically with applications opening at the start of the year.
Conclusion
The TEF Entrepreneurship Programme combines non-refundable funding with practical training and a pan-African network. Set up your TEFConnect account now and draft clear answers about your problem, customers and growth plan before the next window opens. What business are you building? Share it in the comments, and explore more options in our small business grants for Africa guide.