The Tony Elumelu Foundation Women Entrepreneurship for Africa Program for female entrepreneurs invites applications for funding.
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 program seeks to provide 120 women 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 objective of the program is to improve the business capacity of women-led enterprises and 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 for up to 15 enterprises selected by an expert panel as having the most high-growth potential.
Grant Size: EUR 10,000
Deadline: October 10, 2021