UNICAL woos TEF on entrepreneurship, successful student’s to get $5000 grant, training 

In an effort to make a difference in the entrepreneurial sojourn  of her students, the Vice-Chancellor of the University of Calabar ,UNICAL,Prof Florence Obi is exploiting a relationship with the Tony Elumelu Foundation ,TEF, Africa’s leading philanthropy to empower undergraduate’s of the institution. It was learnt that the relationship between UNICAL and TEF as managed by Tell Africa was to explore opportunities where students of UNICAL shall have access to grants as much as $5000 to start their own ventures even while still in school.

Onyeyirichi said that currently TEF  has its applications running on its TEFConnect digital platform for interested applicants of the 2021 TEF Entrepreneurship Programme which the university was keen about bringing down to its students. “This year’s TEF intervention prioritises the economic recovery of small and medium scale enterprises (SMEs) and young African entrepreneurs, following the Covid-19 disruption to economic activities. “Successful applicants receive world-class business training, mentorship, non-refundable seed capital up to $5,000, and global networking opportunities. 

“The Programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses, operating in any sector,” he stated . He further disclosed that the relationship between the University and the foundation will see TEF supporting application drive by amplifying it’s programme to the students of UNICAL through a three-day sensitisation programme. The relationship between UNICAL and TEF will see the former supporting the Application Drive of the Tony Elemelu Foundation (TEF) by amplifying its Entrepreneurship Programme to the students of UNICAL through a three-day sensitisation event scheduled for February 23 through 25 this year. 

“Due to the current COVID pandemic, the physical event shall be held based on NCDC guidelines. Students who are unable to attend the event physically due to limited access to the event venue are encouraged to join the event online via the University of Calabar Facebook page. It is our hope that students of UNICAL will take advantage of the opportunities inherent in this relationship between the university and TEF to make meaning out of their entrepreneurial lives,” Onyeyirichi said. On her part Nkem Onwudike ,Head of Corporate Marketing Communications, Tony Elumelu Foundation in a similar release disclosed that this was the 7th edition of the of TEF Entrepreneurship programme.

According to her the Tony Elumelu Foundation, celebrated ten years of impact in 2020 and so far, over 9000 African Entrepreneurs have been empowered through the Programme. Her words :”The Programme is open to entrepreneurs across Africa, both new start-ups and existing young businesses, operating in any sector with a view to to addressing the  unique challenges arising from the pandemic. Apart from the 5000USD non refundable seed capital and world class training ,the  applicants will be mentored ,and have access to immeasurable global networking opportunities. The programme is  targeted at  lifting  millions out of poverty and create sustainable employment across the continent, the Foundation’s Entrepreneurship Programme will empower 1,000 young African entrepreneurs, selected from the 2020 cohort. The Foundation will also open applications to an additional 2,400 young entrepreneurs in 2021, in collaboration with global partners,” Onwudike said .