1,000 recipients of the Tony Elumelu Entrepreneurship Program (TEEP) in Lagos

 Selection Committee member, Nimi Akinkugbe; Tony Elumelu, Founder, Tony Elumelu Foundation, CEO Tony Elumelu Foundation, Parmindar Vir, Tony and Awele Elumelu Foundation Prize Awardee, Shadi Sabeh, Selection Committee Members; Angelle Kwemo, Sam Nwanze and Accenture Development Partner, Osato Noah during the announcement of the second round selection of 1,000 beneficiaries of the Tony Elumelu Entrepreneurship Programme (TEEP) in Lagos

Determination
Committee part, Nimi Akinkugbe; Tony Elumelu, Founder, Tony Elumelu Foundation,
CEO Tony Elumelu Foundation, Parmindar Vir, Tony and Awele Elumelu Foundation
Prize Awardee, Shadi Sabeh, Selection Committee Members; Angelle Kwemo, Sam
Nwanze and Accenture Development Partner, Osato Noah amid the declaration of
the second round choice of 1,000 recipients of the Tony Elumelu
Entrepreneurship Program (TEEP) in Lagos 
Dispatched
in 2015, TEEP is the biggest African altruistic activity gave to business and
speaks to a 10-year, $100 million responsibility, to recognize and engage 10,000
African business visionaries, make a million occupations and add $10 billion in
incomes to Africa’s economy. 

More
than 45,000 business visionaries from 54 African nations connected,
dramatically increasing the quantity of utilizations got in 2015. Effective
hopefuls speak to different businesses, drove by farming, ICT and design. The
most astounding quantities of candidates originated from Nigeria, Kenya, Ghana,
Uganda and Cameroon. Every one of the five areas – North, East, Southern,
Central and West Africa are spoken to. 
Organizer,
Tony O. Elumelu, CON, remarked: “In TEEP’s first year we spent over $8
million of our $100 million responsibility – with $5 million going
straightforwardly to business people as seed capital — and the outcomes have
far surpassed our desires. We have financed business people, built up systems
and offered uncommon individuals some assistance with taking control of their
fates. The 2016 Tony Elumelu Entrepreneurs will turn into an era of recently
engaged African entrepreneurs, who are the clearest confirmation yet, that
indigenous business development will drive Africa’s financial and social
change.” 
Throughout
the following nine months, the 2016 accomplice will get the concentrated web
preparing, organizing and tutoring, that give a toolbox to achievement and
maintainability. They will likewise partake in the three-day Elumelu
Entrepreneurship Forum later in the year, the biggest yearly assembling of
African entrepreneurial ability. 
Parminder
Vir OBE, CEO of The Tony Elumelu Foundation, said: “We saw wonderful
accomplishment with the primary cycle of TEEP – the examples of overcoming
adversity of the TEEP 2015 graduated class are a demonstration of the
transformative force of the system we have constructed. Through TEEP, we are
demonstrating to the up and coming era of business people that their thoughts
can change their groups, their nations and their landmass.”

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