Tony Elumeru Foundation announces 2021 Entrepreneurship Program during the time some Rwandans continue to be proud of the organization’s contribution to their businesses
By Ange de la Victoire DUSABEMUNGU
There is nothing better than being proud of someone’s contribution to your development or the development of your business.
Rarely will you hear someone point out that a certain person has helped him or her in many ways and even lead him or her to the Development of Real Learning and business Expansion.
The Tony Elumeru Foundation, (TEF), is one of the African organizations involved in the Development of Young Entrepreneurs through its Entrepreneurship Program.
Some Rwandans who have been able to gain knowledge from the Tony Elumeru Foundation believe that there has been a positive change in the functioning of their Companies.
Frank Mugarura, the CEO of Gravity Rwanda, a marketing and branding company, is one of the Tony Elumeru Foundation’s beneficiaries says the organization has enabled him to achieve more after joining its Entrepreneurship Program.
Mr. Mugarura told TOP AFRICA NEWS in an Interview that TEF helped him to be part of the largest African entrepreneurship ecosystem of young passionate entrepreneurs whom they speak the same language of innovation, creativity and sustainability.
“Whenever I want to go in Africa I have brothers and sisters to welcome me and ready to partner to expand our business beyond borders,” he said
“this has also helped me to leverage on their experience and knowledge and learn from good practices and success stories of my fellow African entrepreneurs” he added.
The Tony Elumelu Foundation, which celebrated ten years of impact in 2020, is empowering a new generation of African entrepreneurs, through the TEF Entrepreneurship Programme.
For instance, Mr. Mugarura revealed that “TEF Helped me to get my company ready for investment! Through the practice of drafting a working business plan that we had to undergo,
It helped me to realize the potential of my business and how to set it to attract investment, partnerships and other relevant stakeholders”.
Successful applicants receive a world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities.
Mr. Mugarura also said “through the connection of the mentors I was able to access the UK market and built strong ties with business there that are interested in our talents and perceptions on branding and marketing.”
Currently the Programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses, operating in any sector.
CEO of the Tony Elumelu Foundation, Ifeyinwa Ugochukwu stated, “The Tony Elumelu Foundation now more than ever is demonstrating our commitment to unleashing the potential of young African entrepreneurs, the key to Africa’s long-term economic transformation. The pandemic has created challenges across the continent, but we know that with the Tony Elumelu Foundation’s tried and tested Programme, we can execute the largest Covid-19 economic recovery plan for African SMEs and break the cycle of poverty in Africa.”
The Tony Elumelu Foundation’s $100million Entrepreneurship Programme, launched in 2015 to empower 10,000 entrepreneurs over 10 years, is now entering its 7th year and has empowered to date, over 9,000 young African entrepreneurs from 54 African countries.
Prospective applicants should apply on the digital networking hub for African entrepreneurs, www.tefconnect.com.
