Nigerian billionaire investor Tony Elumelu is committed to turn some dreams into reality. The chairman of pan-African investment company Heirs Holdings Limited has pledged $100 million to find and support 10,000 entrepreneurs throughout Africa.
Launched earlier this week, the Tony Elumelu Foundation Entrepreneurship Program (TEEP) wants to help find and grow businesses who will contribute $10 billion in revenue across Africa over the next 10 years.
"I have always sought ways to help inspire a generation across our continent," said Elumelu. "It is my fundamental belief that entrepreneurs -- women and men across Africa -- will lead Africa's development and transform our futures."
Continue after the cut...
Entries are open to entrepreneurs from all 54 African countries and applications will be accepted in English, French and Portuguese. These will be reviewed by a panel of judges, tasked with selecting the 1,000 most promising startups each year. The chosen entrepreneurs will be given seed funding and 12 weeks of business skills training. They will also be put through their paces at an entrepreneurship "boot camp."
For information, visit the website tonyelumelufoundation.org
CNN.
2 comments:
Good of him
aha I will try my luck
Post a Comment