As online registrations for Tony Elumelu Foundation's $100 million backed entrepreneur development program kicked of on December 1, the program founder - Tony Elumelu (CON), has released a special new year message for all African entrepreneurs. (continues below... )
In the message, he stated that African entrepreneurs in particular, had an important role to play in the transformation of the continent, and thus called on them all to create the much needed jobs and breakthrough products that Africa needs to compete globally.
"Our development and business challenges are well documented" says he. "These include limited access to finance, electricity and markets".
The Tony Elumelu Foundation Entrepreneurship Program (TEEP), was established specifically to help aspiring entrepreneurs and small businesses overcome these challenges, so that cumulative ideas across Africa can be fused to transform the continent.
The program aims to identify and help grow an initial 10,000 start-ups and young businesses across Africa, over the next 10 years. Those businesses should go on to create an estimated 1,000,000 new jobs, and $10 billion in annual revenues.
The program includes a comprehensive 12-week business skills acquisition course, followed by mentoring, a world-class business exhibition event, and of course, seed funding.
Applicants can register for TEEP on line now, at:
In closing, the words of billionaire industrialist Tony Elumelu:
"If you believe in yourself, then I believe in you".
"If you have a business idea, and a drive to succeed, I want to invest in YOU".