The TEF Women Entrepreneurship for Africa (WE4A) is a program that aims to empower and improve the business capacity of communities in Sub-Saharan Africa comprising of women, youth, and the informal, in order to increase their chances of raising funding to scale from the private sector investors.
The program will offer 3 months of technical support through a virtual acceleration program and €10,000 in grant funding to 120 female entrepreneurs from the TEF alumni network and an additional €50,000 to 15 enterprises who have high-growth potential.
The Acceleration Programme will be implemented with the support of Swiss Association for Entrepreneurship in Emerging Markets (SAFEEM).
The WE4A program is being implemented by the German Development agency GIZ (E4D program) and the Tony Elumelu Foundation (TEF), and is being supported by the German Federal Ministry for Economic Cooperation and Development (BMZ), the European Union (EU), and the Organisation of African, Caribbean and Pacific States (OACPS).
Both the initial acceleration and the follow-on growth programs are in an effort to continue supporting women entrepreneurs, in Sub-Saharan Africa, through integration into local and regional value chains to increase business capacities and access to formal financial services.
Benefits of participation
- Grant funding of up to €10,000 to 120 women entrepreneurs from the TEF alumni network
- A 3-month virtual acceleration program to drive technical support
- Additional grant funding of up to €50,000 to 15 enterprises with high-growth potential.
Criteria for Eligibility
- Any business with a working product and existing customers
- Female entrepreneurs from the TEF Alumni network
Interested African female entrepreneurs and existing members of the TEF Alumni network can apply here.
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