Last year, Tony Elumelu, a philanthropist and one of Africa's most successful businessmen, announced the creation of the Tony Elumelu Entrepreneurship Programme (TEEP) for emerging African entrepreneurs. The goal of the program is to help up to 10,000 African entrepreneurs develop their ideas into sustainable businesses. In 2015, TEEP empowered 1,000 African entrepreneurs, selected from over 20,000 applicants, with start-up investment, active mentoring, business training, an entrepreneurship boot camp and regional networking across Africa. The foundation invested a total of $4,860,000, including $1,405,000 in agriculture; $410,000 in education and training; and $365,000 in manufacturing. The program funded start-ups across
Nigerian Billionaire, Tony Elumelu announces the 2nd Round of his $100m Entrepreneurship Programme
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