BeGreen Africa Program: This program is open to entrepreneurs with green businesses in Nigeria, Senegal, and South Africa, as well as waste management businesses specifically in Kenya. For existing businesses, registration must not exceed five years at the time of application. Applicants must be between 18 and 35 years old.
Eligibility
The program is open to all citizens of the Selected Countries (as defined) who are aged 18 years and above. The submitted age of all Applicants must be supported with government approved means of identification.
All Applications must be for a Green 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.
The program is made up of the following stages all of which form the program cycle:
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 program and notified of removal via email.
Successful applicants who meet the verification requirements will be enrolled in the TEF Business Management Training program.
Unsuccessful Applicants will be directed to take the TEF General Business Training on TEFConnect and will be eligible to reapply for other TEF Programs.
Business Plan Preparation & Submission
Programme Participants who have completed the TEF Business Management Training Program will receive a business plan template to develop a business plan document for review and assessment. This review and assessment will be based on relevant metrics including feasibility and sustainability. Programme Participants must submit their Business Plans by the required deadline to be eligible for consideration for the next stage of the program.
The top scoring Program Participants from this stage will be notified via email and will proceed to the Pitching Competition stage.
Any program Participant who does not complete this stage of the program within the prescribed timeline or is not successful at this stage will be removed from the program and notified of removal via email.
Pitching Competition
Top scoring Program Participants shortlisted from the business plan stage will participate in the Pitching Competition where they will pitch their business plans to a panel of judges physically or submit their pitch videos to the Promoter.
Top scoring Program Participants from the Pitching Competition will be selected based on predetermined selection criteria and will be eligible to receive the Seed Capital.
Program Participants who are not selected from the Pitching Competition to receive the Seed Capital will be notified via email and will be categorized as TEF Trainees.
Any program Participant who does not complete this stage of the program will be removed from the program and notified of removal via email.
Seed Capital
The Selected Entrepreneurs from the Pitching Competition will be notified via email.
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$5,000 equivalent.
TEF Partner funded entrepreneurs will receive seed capital in line with the partner commitments and this will be communicated in due course to Program Participants who partners will fund.
