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TEF Offers $3,000 Grant, Online Application Form


The Tony Elumelu Foundation/UNDP Aguka Ideation Entrepreneurship Program is here to help. This incredible program offers young Rwandan entrepreneurs with innovative ideas the chance to turn their dreams into reality.

About the Program

The Aguka Ideation Entrepreneurship Program is a collaborative effort between the Tony Elumelu Foundation, the United Nations Development Programme, the Rwandan Ministry of Youth and Arts, and the European Union. Their mission? Empowering young Rwandan entrepreneurs to become the driving force behind the country’s economic and social transformation.

Here’s what the program offers:

  • World-Class Business Management Training: Gain the skills and knowledge you need to launch and grow your business.
  • Mentorship: Get guidance and support from experienced business professionals.
  • Seed Funding: Receive up to $3,000 in non-refundable capital to help you get your business off the ground.

Who Can Apply?

The program is open to all young Rwandan women, men, and persons living with disabilities aged 18-30.

Whether your business idea is just a spark or you’ve already started developing it, this program can help you take it to the next level.

How to Apply

The application process is straightforward. Here’s what you need to do:

  1. Gather your documents: You’ll need a valid government-issued ID and any documents related to your business (if applicable).
  2. Head to TEFConnect: This is the online platform where you’ll submit your application. You can find it at https://www.tonyelumelufoundation.org/.
  3. Fill out the application form: Be sure to provide all the necessary information and clearly explain your business idea.
  4. Submit your application: Once you’ve reviewed everything, hit submit and wait to hear back!

The application deadline is May 13, 2024, so don’t delay. This is an incredible opportunity to turn your entrepreneurial dreams into a reality.

Remember:

  • The program is completely free.
  • You can reapply if you’re not selected the first time.
  • For more information or help with the application process, visit the Tony Elumelu Foundation website or contact them directly.

Important FAQs

1. Can I apply if my business idea is very new and I haven’t started working on it yet?

Absolutely! This program is designed to support entrepreneurs at all stages, even those with just a budding idea.

2. What kind of businesses is the program looking for?

The program is open to a wide range of innovative business ideas. They’re looking for businesses with the potential to create jobs, solve problems, and contribute to Rwanda’s economic growth.

3. What are some tips for writing a strong application?

  • Clearly explain your business idea and its potential impact.
  • Show your passion and commitment to entrepreneurship.
  • Be realistic about your financial needs.
  • Proofread your application carefully before submitting it.

4. What happens after I submit my application?

Once you submit your application, it will be reviewed by a selection committee. If you’re shortlisted, you may be contacted for an interview.

5. When will I know if I’ve been accepted into the program?

You will be notified of the selection committee’s decision by email.

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