Tony Elumelu Foundation: Women Entrepreneurship for Africa - Accelerator and Growth Program

hustlersnetworking
Sep 17, 2021
1 min read

About the Opportunity

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.

The “Women Entrepreneurship for Africa” (WE4A) program is an Action jointly supported by the European Union (EU), the Organisation of African, Carribbean 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 part of the ‘EU Action for Financial inclusion, Access to Finance and Knowledge Management for ACP countries, focusing on the underserved: women, youth and informal sector’.