Connect with us

News

Top 10 Countries with Most TEEP 2017 Certified Startups and Some Founders’ Expectations

teep

In its 3rd year running, the Tony Elumelu Entrepreneurship Programme (TEEP), the flagship initiative of the Tony Elumelu Foundation (TEF) established in 2010 has accepted 3000 applications from young African entrepreneurs whose startups stand the chance of transforming Africa. The man behind this brilliant concept is Mr. Tony O. Elumelu who is one of the most successful entrepreneurs in Africa, a respected investor and philanthropist at heart.

TEEP has the vision of creating 10,000 startups across Africa within the next 10 years that generate significant employment and wealth, that is, the creation of “at least 1,000,000 new jobs and contribute at least $10 billion in revenues across Africa over 10 years.”

As the initiative becomes successful, we see that interest from entrepreneurs across the continent has peaked with applications totalling over 93,000 in 2017 alone, with only the BEST 1000 applicants selected. A constant figure for its ten year period. From 1st January to 1st March every year, entrepreneurs can apply mainly from these sectors though not limited to agriculture, ICT, housing, media, education, transportation, textiles and manufacturing.

We can derive varying understandings from statistics but of interest to us is which countries had the most representatives and what it tells about where the startup powerhouses in Africa will be in the the coming years.

We give the top 10 countries with most certified TEEP Start-ups for 2017.

1.       NIGERIA
509
2.       UGANDA
74
3.       KENYA
55
4.       TANZANIA
36
5.       GHANA
24
6.       SOUTH AFRICA
23
7.       RWANDA
23
8.       COTE D’IVOIRE
23
9.       ZAMBIA
21
10.   CAMEROON
21

See the full list: TEEP 2017 Entrepreneurs.

SEE ALSO |  FarmCrowdy Celebrates First Anniversary with the Launch of A New Mobile App

We interacted with some of the lucky startups to know how they feel being part of the few chosen and what their expectations are going into the 2017 programme.

First is Tom-Chris Emewulu from Ghana, the President and Founder of Stars From All Nations (SFAN); a social enterprise bridging the gap between education and work.

“Firstly, I feel really excited to be selected, and this goes to show that our work has tremendous value. I feel that my selection is equally a source of hope and inspiration for other young entrepreneurs who have been following our work at SFAN these past three years.

This is a proof to them that if you are diligent with what you do, if you apply yourself to do it right – with faith in God and confidence in your abilities – the right results are really enormous. I’ve always believed and experience has validated that apart from a paying customer, there are 3 basic things every entrepreneur needs in order to survive, especially at the early stages.

These are: 1) A great tribe with which to share your wins and your lessons; 2) A good mentor to help you navigate the fogs and moments of doubt in your journey and 3) Financing. think the Tony Elumelu FDN is a very important initiative because it addresses these components with a deliberate approach.

So my expectation going for this immersive programme is to network with founders and doers across the 55 participating countries, learn best practices that can be adapted to our work and ecosystem, access mentors who will help us take our work to the next and higher level and of course improve my pipelines for further funding.”

Kelechi Udoagwu, a Nigerian and founder of Skrife, a company that helps brands create original written content via their community of high quality freelancers and editors. Also the community manager of MEST Africa.

“I feel blessed to have been selected from such a large number of applicants. Going into the programme, I look forward to being connected to a network of ambitious entrepreneurs and mentors, and learning more about product-market fit and tips to scale globally in a shorter time.”

Ujeneza Mbabazi Fabrise, 27, from Rwanda, an entrepreneur by passion and profession. She has a degree in Entrepreneurship and Diploma in Education who works as the MD at Entrepreneurs Training Network (ETN) Ltd. and also involved in volunteering works in other organizations across Rwanda.

“I am blessed to be chosen from the over 93,000 applicants in the TEEP 2017 programme; including 22 other fellow Rwandans. My project is about training Rwandans in tailoring and handbags making.

As our country is promoting Made in Rwanda products and minimizing the rate of importation of second-hand clothes, I realized that our people need to learn how to make our own clothes. I believe that “a practical skill is an asset” and this made me apply to this year’s TEEP.

I expect to learn more from the Tony Elumelu Entrepreneurship Programme! I do appreciate people who think about entrepreneurship because it is the only way to reduce unemployment; not only in giving money to young ones, but also mentoring young entrepreneurs in getting profit while resolving their society’s problems. The sky is no longer the limit! Thank you.”

Nghombombong Epaphrate Minuifuong, the co-founder of eFarm – a web and mobile platform for buying and selling agricultural produce – from Cameroun.

“Honestly I can’t express my feelings after I got the news, but I believe I almost jumped off the bus. I was so happy I made it after applying for the second time coupled with the fact that I went through hell to apply; no internet access in my region, burden of traveling and constant power cuts where I submitted my application are just some of the hurdles I went through.

So being selected from more than 93,000 applicants is clear evidence that God wiped my tears away.

I expect to exchange with entrepreneurs across Africa, hear their stories and learn from them. Build networks, meet mentors who will help us through our journey and I also believe I will work hard to be eligible for the $5000 grant which is penury for my startup.”

Finally, Rahim Abas Kiobya from Tanzania, who runs the project Data for Sustainable Development in Tanzania. A trainer and creator of geospitial-apps whose vision is to change the society’s way of doing business.

“It was very difficult to believe I was chosen from the huge list of applications received but it is something very special for me and my career. Among other things, I wish to use that grant or money in the implementation of my project of Data for Local Impact initiative.”

What all the startups hope is to be able to land the seed funding of $5000 which is non-returnable and further financing from the programme. For those who have failed to make it into TEEP this year, you can still try again until 2025 to access your share of the 10-year $100 million commitment investment programme.

SEE ALSO |  Kiakiaprint - Nigeria's Print On-Demand Startup Expands into 2 New Markets; USA and Canada

Was this article useful? Kindly leave your comment.

Follow #TSH on Facebook and Twitter for more awesome articles.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

twenty − twelve =

News

Womenpreneur Digital Hub to Promote Digital Skills & More for MENA Women

Womenpreneur Digital Hub

The Entrepreneurship Academy of the SANAD Fund for MSME and Womenpreneur Initiative have once again teamed up to champion women’s economic equality in the Middle East and North Africa (MENA). In March 2021, the partners launched the Womenpreneur Digital Hub, an online knowledge and resource-sharing platform that aims to expand women’s access to skills-building tools in a time when lockdowns and economic contraction have disproportionately impacted female employment in the region.

The coronavirus crisis has forced many women out of the workplace through a constellation of factors: Economically, it has taken a particularly heavy toll on sectors where women are overrepresented, such as retail, care, and food service. School and daycare closures have added further pressure, with many households placing the responsibility for at-home schooling and childcare solely upon women. As a result, although women in MENA comprise only a quarter of the region’s total workforce, they account for over half of COVID-related job losses.

The Womenpreneur Digital Hub aims to help women regain their economic footing through a three-fold approach. First, online training will be offered free of charge for hub members to hone skills that empower them on the job market, such as financial knowledge, digital literacy, and business management. High-profile speakers will provide insights into current industry trends and tips on accessing career opportunities. Second, the hub will connect users for mutual information and support, experience exchange, and valuable network-building. In this way, the platform intends to accelerate the third factor, which is to open up potential employment paths for those whose careers have been upended by the crisis.

Womenpreneur Digital Hub

Ines Ebrecht, Chairperson of the SANAD Technical Assistance Facility which runs the SANAD Entrepreneurship Academy, said: “Women’s employment is not only a social justice issue, it is also an economic one. Women’s ability to participate in the workforce not only provides them with financial stability and freedom on an individual level, it also enables an economy to fully open the tap on creativity, entrepreneurship, productivity, and income generation. The SANAD Entrepreneurship Academy is glad to once again join with Womenpreneur Initiative to advance gender parity as a key to prosperity in the Middle East and North Africa.”

SEE ALSO |  Damu Sasa Receives US$20K from Villgro Africa to Enhance their COVID-19 Efforts

Womenpreneur CEO and founder Sana Afouaiz said: “The pandemic provoked a major setback in gender equality and threatens to walk back decades of progress. Yet we can also pivot to grasp the opportunities. As the world entered into lockdown, the transition to online work has created a growing demand for digital jobs. The Womenpreneur Digital Hub is targeted toward equipping women to future-proof their skills and give them valuable knowledge for the employment market. Our aim is to ensure that every woman and girl in MENA has access to the tools that will help her realize her full economic potential.”

Sign up for the hub at: www.womenpreneur-digital.com

Continue Reading

Got News for us?

Submit Press Release/News: Have you recently launched your startup, raised funding or any news about your company? Email us at editor@thespiritedhub.com. We will be happy to share your story with the world!

order now

happening in Africa