The Ugwumba Center for Leadership Development in Africa is inviting applications for the 2024 TETFUND Enterprise Challenge.
The TETFUND Ugwumba Enterprise Challenge offers grants worth N10 million to empower young people in Africa turn their ideas, skills and passions into scalable business ventures or social enterprises.
We will provide with the step-by-step process involved in the application in this post. Read on for full details.
TETFUND Ugwumba Enterprise Challenge Summary
- Host: TETFUND | Ugwumba Center for Leadership
- Category:Â Competitions | TrainingÂ
- Eligible Countries: African Countries
- Reward: N10 million Grant
- No IELTS RequiredÂ
- Deadline: September 16, 2024
- Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE
TETFUND Enterprise Challenge Details:
The TETFUND Enterprise Challenge is an idea-pitching and grant competition designed to empower young people in Africa to turn their ideas, skills, and passions into scalable business ventures or social enterprises.
The adopted this pitching competition model because it challenges the creativity and the audacity of our young people to survive as entrepreneurs.
All applicants pass through a compulsory Boot Camp and Pitching Competitions and those with the best business ideas receive both financial and technical support from us.
The Ugwumba Center for Leadership Development in Africa is a non-political, non-discriminatory, non-profit development organization established in Nigeria in 2018 with a mandate to raise a new generation of leaders and entrepreneurs for Africa.
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Eligibility Requirements for TETFUND Ugwumba Enterprise Challenge 2024
The Ugwumba TETFUND Enterprise Challenge is open to young entrepreneurs in Nigeria between 18 – 40 years of age, who have ideas that we can transform into successful business ventures or social enterprises.
Benefits of 2024 TETFUND Enterprise Challenge
- 1st Prize (N2 million);
- 2nd Prize (N1 million);
- 3rd Prize (N700,000);
- 4th Prize (N500,000);
- 5th Prize (N300,000) and
- Consolation Prizes (N100,000) each for the remaining 6th – 10th finalists.
Selection Process for TETFUND Enterprise Challenge
Timeline
- Call for Applications – August 16 – September 16, 2024
- Admission into Boot Camp –Â September 18, 2024
- UEC 2024 Open Day –Â September 20, 2024
- UEC Boot Camp – September 23 – October 18, 2024
- 1st Preliminary Pitching Competition – October 21 – 30, 2024
- Announce Top 20 Startups –Â November 04, 2024
- 2nd Preliminary Pitching Competition –Â November 06 – 20, 2024
- Announce Top 10 Finalists –Â November 26, 2024
- Grand finale in Abuja –Â December 03, 2024
How to Apply for TETFUND Enterprise Challenge 2025 (Step by Step)
To apply for the TETFUND Enterprise Challenge 2025, interested and qualified candidates should use the button below to visit and fill application form.
Deadline: September 16, 2024
Visit HERE to check out many more Scholarship opportunities.
Receive Scholarship Updates through our Social Media Channels:
- WhatsApp: Scholarship Region WhatsApp
- Facebook: Scholars Region
- Twitter: @scholarsregion
- Telegram: Scholarship Region