Tony Elumelu's $100 Million Entrepreneurship Program Goes Live

Nigerian Billionaire Tony Elumelu's $100 Million Entrepreneurship Program Goes Live On Online Portal

Calling all budding Nigerian entrepreneurs “If you think that you can be Africa’s Steve Jobs, then 2015 is the year for you to start the journey,” said Nigerian billionaire and revered business leader,Tony Elumelu in a video message announcing the official opening of his $100 million pan-African entrepreneurship initiative, the Tony Elumelu Foundation EntrepreneurshipProgram (TEEP). The highly anticipated program went live at the stroke of midnight West Africa Time (WAT) today. Following the billionaire investor’sannouncement at the Tony Elumelu Foundationheadquarters in Lagos, Nigeria, on December 1st of his pledge of $100 million towards creating 10,000 entrepreneurs across Africa over the next 10 years; the annual program, the first ambitious undertaking of its kind, was opened for business ideas submissions and entries from applicants across Africa via its online application portal, TEEP.

The Tony Elumelu Foundation said in a press statement.Applicants have until March 1st 2015 to submit their business ideas through the online portal and the qualifying submissions will be reviewed by the selection committee, whose members include some of Africa’s leading entrepreneurs and industry captains: Ory Okolloh, Director of Investments, Omidyar Network’s Government; Monica Musonda, CEO, Java Foods; Mariéme Jamme, CEO, Spotone Global Solutions; Dr Wiebe Boer, CEO, The Tony Elumelu Foundation.