The Aguka Ideation Entrepreneurship Programme Is a partnership with the Tony Elumelu Foundation, UNDP Rwanda and the Rwandan Ministry of Youths and Arts to support 100 Rwandan entrepreneurs between 18 -30 with business ideas with a seed capital of $3000 each.
About Tony Elumelu Foundation (TEF)
The Tony Elumelu Foundation (TEF) was founded in 2010 by Tony O. Elumelu, CON, an entrepreneur, investor and philanthropist who is passionate about Africa’s economic development. About Us Programme Alumni Impact Media TEF Connect TEF Forum We are an African private-sector-led philanthropy empowering African entrepreneurs. The Tony Elumelu Foundation (TEF) was founded in 2010 by Tony O. Elumelu, CON, an entrepreneur, investor and philanthropist who is passionate about Africa’s economic development. Message From The Founder Mission & Vision History Leadership... read more... continue reading

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TEF Aguka Ideation Entrepreneurship Programme
Aim and Benefits of TEF Aguka Ideation Entrepreneurship Programme
Disbursement of the Seed Capital will be made via electronic transfer into the Selected Entrepreneurs’ Business Bank Account. Banking and other charges may apply and shall not be borne by the Foundation. The total amount received may therefore be less than US$3,000 equivalent. TEF Partner funded entrepreneurs will receive seed capital in line with the partner commitments and this will be communicated in due course to Programme Participants who will be funded by partners.
Requirements for TEF Aguka Ideation Entrepreneurship Programme Qualification
- The Programme is open to all Rwandans (as defined) who are between the ages of 18 – 30 years. The submitted age of all Applicants must be supported with government approved means of identification.
- All Applications must be for a Business Idea or a Business that must be for profit, focused on one business area only, and must be the original idea of the Applicant.
- The Business or Business Idea must not be for an illegal or unethical purpose.
Interview date, Process and Venue for TEF Aguka Ideation Entrepreneurship Programme
Verification & Onboarding
- Applicants will be verified and onboarded by the Promoter. Verification will involve the submission of required documents by the Applicant in order to enable the Promoter to ascertain the state of the Business or Business idea as well as the identity of the applicant.
- Successful Applicants who do not meet the verification requirements will be removed from the Programme and notified of removal via email.
- Successful applicants who meet the verification requirements will be enrolled in the TEF Business Management Training Programme.
- Unsuccessful Applicants will be directed to take the TEF General Business Training on TEFConnect and will be eligible to reapply for other TEF Programmes.
- During the TEF Business Management Training Programme™ Participants’ progress will be tracked and assessed. The training shall be made available in English.
- Programme Participants who do not complete this stage or do not proceed beyond this stage of the Programme will be removed from the Programme and be notified via email.
Application Deadline
March 1, 2025How to Apply
For more details,visit TEF webpage