by Demi

Looking for a business loan or grant through the Tony Elumelu Entrepreneurship programme in Nigeria?

Read this post to know more about the programme and download a comprehensive business plan template for your business.

It is important to note that TEEP application process is now rigid. The change in operation commenced between June and December 2019 during TEF-UNDP application for TEF-UNDP Sahel Region Entrepreneurship program which is only focused on Northern Nigeria.

Some of the changes in the modus operandi include:

 The application would be made via the website, However, no selection will be made (In previous years, winners are announced after this stage).
 Your application, commencing from your bio and the rest would be graded. This would determine those who would undergo training and mentoring.
 The selected few will be graded. This was not done before.

 Those who scale through the training and mentorship would be required to make a live presentation. This is a new development.
 They are required to attend the entrepreneurship forum
 After necessary documentation, seed capital of $5000 will be awarded to them
 They will then be added to the alumni.


This new process only proves that only the hard and smart workers will be beneficiaries of TEEF. Selection for the online training and mentorship is greatly determined by what you score in the TEF assessment. Accenture International is in charge of grading applicants. Your bio, personality tests. Financial knowledge, etc are what would be graded. The personality test helps to determine your business and leadership style. The financial knowledge tests your understanding of simple and complex business ideologies, terms etc.

Your inputs and answers about your business, personality, financial knowledge etc would help grade you into one of the following:

Level 1 – Greenhorn:
It identifies you as a startup. This qualifies you for the TEF connect training only but not mentorship neither the reward.

Level 2 – Innovator:

This identifies you as an intermediate in the business world. You stand a chance of being mentored, pitching your idea and getting the seed capital of $5000 if you perform exceptionally well in the intermediate training module you will be placed.


Level 3 – Disruptor:
This identifies you as an experienced entrepreneur. You will get a slot at the advance training and have a mentor allocated to you. Your performance will determine if you will get a chance to pitch your business in person and win the seed capital.

It is worthy to note that a mail will be sent to you after you have been grouped. Only Innovators and Disruptors have a chance of winning the $5000 seed capital. Greenhorn would only get trained on TEF Connect.



How To Download A Complete Business Plan with Financial analysis for Tony Elumelu 

Above is a part of the business plan outline for Tony Elumelu Entrepreneurship programme in Nigerian. If you want the complete business plan, follow the procedures to download the complete plan.

Pay the sum of N5000 (Five thousand naira only) to the account detail below:
Bank: GTBank
Name: Oyewole Abidemi (I am putting my name and not our company account so you know we are real people and you can trust us)
Ac/No: 0238933625
Type: Saving

Thereafter, send us your email address through text message to +234 701 754 2853The text must contain the title of the business plan you want and also your email address. Immediately after the confirmation of your payment, we will send the Tony Elumelu Entrepreneurship programme business plan in Nigeria to your email address where you can easily download

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