The Tony Elumelu Foundation unveils 2026 Cohort of Entrepreneurs across Africa is a prestigious opportunity for young African entrepreneurs to transform their businesses and contribute to the continent’s economic growth. With a deadline of Rolling / Check website for deadline, aspiring entrepreneurs are encouraged to submit their applications and be part of the 12th cohort of the Tony Elumelu Foundation Entrepreneurship Programme. This programme has empowered over 24,000 African entrepreneurs since its launch in 2015, providing business training, mentorship, and $100 million in seed capital to early-stage businesses.
About the Opportunity
The Tony Elumelu Foundation is a leading African philanthropic organisation dedicated to empowering African entrepreneurs and promoting entrepreneurship as a key driver of economic growth and development. The foundation’s flagship programme, the Tony Elumelu Foundation Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train, mentor, and fund 10,000 African entrepreneurs. The programme’s purpose is to create a new generation of African entrepreneurs who will drive the continent’s economic transformation and contribute to its social and economic development.
The Tony Elumelu Foundation Entrepreneurship Programme matters for Africans because it provides a unique opportunity for young entrepreneurs to access business training, mentorship, and funding, which are essential for starting and growing a successful business. The programme also promotes entrepreneurship as a key driver of economic growth and development, which is critical for addressing the continent’s high unemployment rates and promoting economic prosperity. By empowering African entrepreneurs, the programme is helping to create a more prosperous and sustainable future for the continent.
The Tony Elumelu Foundation has announced the 12th cohort of the Tony Elumelu Foundation Entrepreneurship Programme, welcoming 3,200 young African entrepreneurs from all 54 African countries into Africa’s leading entrepreneurship programme. This is the first cohort of the 2026 Entrepreneurship Programmes, and the foundation will empower a total of 3,200 entrepreneurs in four cohorts. The programme has seen a significant increase in the number of female-led enterprises, with 51% of the 2026 cohort being women, signalling a rise in female-led businesses.
Who Can Apply
The Tony Elumelu Foundation Entrepreneurship Programme is open to all African entrepreneurs who meet the eligibility criteria, regardless of their background, industry, or country of origin.
- Age: Applicants must be between 18 and 35 years old, although exceptions may be made for entrepreneurs who are slightly older but have a strong business idea and potential for growth.
- Business Idea: Applicants must have a business idea that is innovative, scalable, and has the potential to create jobs and drive economic growth.
- Country of Origin: Applicants must be from one of the 54 African countries, although they may be based in another country.
- Language: Applicants must be able to communicate in English, as the programme is conducted in English.
- Education: There are no specific educational requirements, although applicants with a strong educational background may have an advantage.
What You Will Gain
Successful applicants to the Tony Elumelu Foundation Entrepreneurship Programme will gain access to a comprehensive programme that includes business training, mentorship, and funding.
- Business Training: Applicants will receive world-class business training that covers topics such as business planning, marketing, finance, and management.
- Mentorship: Applicants will be paired with experienced mentors who will provide guidance and support throughout the programme.
- Funding: Applicants who successfully complete the programme will receive non-returnable seed funding of $5,000 to help launch or grow their business.
- Networking Opportunities: Applicants will have access to a network of successful entrepreneurs, investors, and business leaders who can provide valuable connections and opportunities.
- Exposure: Applicants will have the opportunity to showcase their business and products to a global audience, which can help attract investors, customers, and partners.
Application Deadline
Do not miss this opportunity. Deadline: Rolling / Check website for deadline. Start your application early to ensure that you have enough time to complete the process and submit your application before the deadline.
How to Apply for The Tony Elumelu Foundation unveils 2026 Cohort of Entrepreneurs across Africa
To apply for the Tony Elumelu Foundation Entrepreneurship Programme, follow these steps: First, review the eligibility criteria to ensure that you meet the requirements. Next, create an account on the Tony Elumelu Foundation website and fill out the application form, which will require you to provide information about your business idea, background, and goals. You will also need to submit a business plan and other supporting documents, such as a valid ID and proof of business registration. Finally, submit your application and wait for the review process to be completed.
Apply directly here: Click here to apply
Final Thoughts
The Tony Elumelu Foundation Entrepreneurship Programme is a unique opportunity for young African entrepreneurs to transform their businesses and contribute to the continent’s economic growth. With its comprehensive programme that includes business training, mentorship, and funding, the foundation is empowering a new generation of African entrepreneurs who will drive the continent’s economic transformation. If you are a young African entrepreneur with a innovative business idea, do not miss this opportunity to apply for the Tony Elumelu Foundation Entrepreneurship Programme and take the first step towards turning your business idea into a successful reality – apply now and start your journey to success.
