Friday, March 24, 2017

Tony Elumelu Foundation releases names of winners of it's Entrepreneurship programme

Tony Elumelu Foundation released names winners of it's Entrepreneurship programme for 2017 on 21st of March.Applications started from January 1st and was supposed to end in March 31st but due to the large amounts of applications it closed after the second week in March.Over 93,000 application were received,which is about twice the application in 2016 and four times in 2015.
1000 winners came from 55 countries.Nigeria produced the highest number.Kenya,Uganda and Cameroon were next in size of winners.29% came from Agriculture,11% from ICT and 9% from Manufacturing.The winners would receive a seed capital of $10,000 to enable them establish their companies.
The programme has helped in developing the skills of participants thereby enhancing their capacity.Many have gone to set up running business thereby providing employment to Africa and contributing positively it's GDP growth.

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