Just as the title says, the 2020 (6th edition) Tony Elumelu Foundation grant, TEF 2020 has been cancelled. The cancellation is not unrelated to the ongoing COVID-19 pandemic.
TEF grant provides 1000 African entrepreneurs with a non-refundable seed capital of $5,000. The 2020 edition of the grant has been placed on hold. according to a mail sent out by the TEF team, this year’s grant has been moved to 2021 and instead of the usual 1000 entrepreneurs, they will be supporting 2000 businesses next year.
TEF applicants who registered and were notified about moving to the next stage don’t need to re-register next year (according to the mail). Here is a link to an official page with frequently asked questions and answers about the cancellation: https://www.tonyelumelufoundation.org/tef-entrepreneurship-programme-postponement-faqs
The COVID-19 pandemic has led to cancellation/shift of many events and programs so far in 2020. Most businesses are temporally closed in order to observe social isolation #StayAtHome to slow down the spread of the virus. Stay Safe and innovative.