We are now a few hours away from closing the Tony Elumelu Foundation application portal and our records indicate that you are yet to submit your application. Please be reminded that only completed and submitted applications stand a chance to receive training, funding and mentoring among other benefits of the Programme.
1. How do I apply with just an idea when the application asks for a business name?
If you are applying with just an idea or are unsure about your business name, please input a preferred business name you have as this does not affect your application and can be changed if selected.
2. What business information do I input for just an idea?
If you are applying with just an idea, please input information about your idea to show that it is well thought-through and practicable within context.
3. What financials do I input for just an idea?
If you are yet to generate revenue or invest any cash in the business/idea, please input ‘0’ in the “Lifetime Revenue” and “Invested Cash” fields. For the “Monthly Expenses”, “Breakeven Volume” and “Breakeven Revenue” fields, please provide forecasted figures for the business idea.
For assistance with your application drop a comment in our Community Page https://community.tefconnect.
Your idea CAN TRANSFORM AFRICA!