Tony Elumelu Foundation Entrepreneurship Programme
Tony Elumelu Foundation Entrepreneurship Programme is a grant from Tony Elumelu Foundation for businesses at any stage across South Africa.
Overview
If you are a South African entrepreneur with a business idea or a business under 5 years old, you can apply for US$5,000 (roughly R90,000) in free seed money plus training and a mentor. Applications run annually on TEFConnect.com - the 2026 window was 1 January to 1 March 2026, so the next intake is expected in January 2027. Applying is free.
Programme details last verified on 12 June 2026.
Full Description
Pan-African flagship programme providing US$5,000 in non-refundable seed capital plus 12 weeks of business training, mentorship and network access to entrepreneurs from all 54 African countries, including South Africa. Open to applicants 18 and older with a business idea or an existing business not older than 5 years.
Eligibility Criteria
Frequently Asked Questions
Who qualifies for Tony Elumelu Foundation Entrepreneurship Programme?
Tony Elumelu Foundation Entrepreneurship Programme targets businesses at any stage across South Africa.
How do I apply for Tony Elumelu Foundation Entrepreneurship Programme?
Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.
Prepare Your Application
Increase your chances of success with these preparation resources.
Provider Guide
Learn about Tony Elumelu Foundation's application process
Document Checklist
Requirements and deadlines
Download Templates
Business plan, cash flow, projections
Legal Framework
Relevant legislation and compliance
Compliance Check
Verify your CIPC, SARS, B-BBEE status
Get Expert Help
Find a funding specialist