3,369 Young African Women To Receive $5,000 Non-refundable Seed Capital
As part of the Tony Elumelu Foundation’s support for young Africans and enterprising young women, the Tony Elumelu Foundation has in a recent statement announced that about 3,369 Young African Women would receive $5,000 Non-refundable grant.
This grant is sponsored by Mrs. Grant whom Tony Elumelu has described as a “Silent Supporter of Female Entrepreneurs in Africa. She’s a Trustee of The Tiny Elumelu Foundation.
According to a post made by Tony Elumelu, founder of The Tony Elumelu Foundation,
“Mrs. TOE, Trustee of The Tony Elumelu Foundation Silent supporter of female Entrepreneurs in Africa. 3,369 young women will each receive $5k non-returnable seed capital as part of the 2021 Tony Elumelu Foundation Entrepreneurship Programme.”
He added that:
“This is $16.8m non refundable grant to young African women and makes up over 68% of the total candidates selected this year. “
The Tony Elumelu Foundation since it’s inception has disbursed millions of dollars to young African Entrepreneurs.
“This year alone, the Tony Elumelu Foundation disbursement is US$24.75m to 5000 African SMEs for #TEF2021 Programme.”