When will the final beneficiaries be announced?
On the application; you will immediately receive a notification of the results of your submission. Only shortlisted candidates will proceed to the next step which is to receive business training and mentorship.
The final beneficiaries, who will have emerged at the top of the pitch competition, will be announced at the TEF forum (the largest conference on entrepreneurship in Africa) this year. This final list will receive the $ 5000 seed capital.
What advantages will the selected beneficiaries enjoy?
All pre-selected entrepreneurs will receive training, mentorship and access to a vast network available on TEFConnect.
However, only beneficiaries announced as TEF alumni will receive funding.
Will the training always be in 12 weeks?
Yes, training will always take place within 12 weeks. However, it will be tailored to the business knowledge of each candidate and their state of need.
Will there be seed capital disbursements?
Yes. However, the training and the pitch competition will be done before the final selection of the candidates who will be eligible to receive the $ 5000 seed funding.
Will everyone who will be selected in the program receive seed capital?
No, only entrepreneurs who have completed the entire training program with the required score levels and have successfully passed the pitch competition will receive funding.
Are all the entrepreneurs who will pass the pitch?
Yes, to be eligible to receive the $ 5000 seed capital, applicants who have successfully completed their training with a required score level will be invited to pitch for a chance to receive funding.
How will the final beneficiaries be selected?
The final beneficiaries will be selected on the basis of the results of the pitch competition.
When will the final list of beneficiaries be announced?
The final list of entrepreneurs who will receive funding will be announced at the TEF Annual Entrepreneurship Forum.
And so please finish your 12 week tasks with all concentration and prepare your pitch seriously because this is where the 60% success will be gained.
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