Fully-Funded Tony Elumelu Foundation Scholarship: How To Apply

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In the quest for nurturing innovation and empowering African entrepreneurs, the Tony Elumelu Foundation Scholarship stands out as a beacon of support. This fully-funded program aims to equip aspiring and emerging business leaders with the essential tools to kickstart and elevate their ventures. Let’s delve into the details of this transformative scholarship and its application process.

Eligibility Criteria:

The Tony Elumelu Foundation Scholarship welcomes African entrepreneurs with fresh business ideas or businesses that are under three years old. To qualify, applicants must be at least 18 years old and citizens of any of the 54 African countries.

Application Process:

The road to becoming a beneficiary of this scholarship begins with creating an account on the TEFConnect website. Once registered, candidates can complete an online application form that seeks insights into their business concepts, educational background, and work experience.

Application Timeline:

The scholarship opportunity is an annual affair, with the application window for 2023 spanning from March 1 to March 31. Successful applicants can expect to receive notifications about their application status by June 2023.

Benefits of Being Selected:

For those fortunate enough to secure the Tony Elumelu Foundation Scholarship, a host of opportunities await. A $5,000 grant acts as a stepping stone to materialize business dreams, while experienced entrepreneurs provide valuable mentorship. Additionally, access to business training and networking events enhances skills and fosters connections, offering a holistic approach to entrepreneurial success.

Frequently Asked Questions (FAQs):

  1. What are some popular scholarships in Nigeria? The Tony Elumelu Foundation Scholarship, MasterCard Foundation Scholars Program, and Chevening Scholarship are among the most sought-after scholarships in Nigeria.
  2. How can I find scholarships in Nigeria? Numerous platforms like,, and the Tony Elumelu Foundation website offer information about scholarships. Local universities and colleges are also valuable sources of scholarship details.
  3. What are the requirements for Nigerian scholarships? While specifics vary, common requirements include Nigerian citizenship, enrollment in or plans to attend a higher education institution, and a commendable academic record.

Additional FAQs:

  1. When are scholarship application deadlines in Nigeria? Deadlines fluctuate based on the scholarship, generally falling in the spring or fall.
  2. How can I determine my eligibility for a Nigerian scholarship? Reviewing the scholarship’s eligibility criteria, available on the scholarship website or application form, is crucial.
  3. How do I apply for a scholarship in Nigeria? Applying entails submitting an application form, often including academic background, work experience, and a personal statement. Letters of recommendation and transcripts may also be necessary.


The Tony Elumelu Foundation Scholarship is a remarkable avenue for African entrepreneurs to seize invaluable resources and propel their business ventures forward. With its comprehensive support system and transformative impact, this scholarship has the potential to shape the future of African entrepreneurship.

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