Tony Elumelu Foundation should stop asking applicants for Notarised document of SEED CAPITAL DISBURSEMENT UNDERTAKING and not awarding the applicants

Yes

After a critical observation of the situation I have drawn out some conclusions that are a call for concern 1- TEF don’t have standby budget that has been allocated for this program 2-TEF is using these seed capital program for her own personal request of funding 3-TEF use are companies registration certificates as bargaining for grants 4-TEF is not out to help young businesses in Africa to grow the claim, normally all the businesses that were still at the ideal stage could have been taken into serious consideration Due to the above observations it’s evident to charge TEF of manipulation. A serious law firm will know what to do and how to go about this #TEF you are killing young Africans rather than helping It high time you scheming ended

Sad

Subject: Complaint Regarding Lack of Professionalism in TEF 2023 Application Process I am writing to express my deep dissatisfaction with the unprofessional handling of the recent round of the TEF 2023 application process. My team and I dedicated significant time and effort to compile and submit the required verification documents for seed funding, only to encounter a series of frustrating setbacks and discrepancies within the system. The entire experience has been marked by a lack of clarity, inefficient communication, and unnecessary financial burdens imposed on applicants. Despite diligently following the instructions provided, we repeatedly faced issues with the platform, which hindered our ability to submit accurate and complete documentation. The requirement to open business accounts, obtain notarized documents, and incur additional costs further compounded our frustration. We complied with these requests, only to be informed that essential documents were still missing or that technical glitches were impeding the submission process. This prolonged and convoluted cycle not only wasted valuable time but also inflicted undue financial strain on our team. After enduring multiple rounds of these challenges, we were disheartened to receive the final verdict that our application is deemed ineligible. This lack of transparency, coupled with the toll it took on our resources, has left us deeply disappointed with the professionalism demonstrated by the TEF 2023 process. I strongly urge a thorough review of the application procedures and communication protocols to ensure a more efficient and respectful experience for all applicants in future rounds.

Stop telling us to signed notary undertaken that we've received fundings while you're not will to fund

I am in debt of 350000frs because of TEF. After they asked us to get a notary to notorized that I have received $5000 seed capital and create a Bank account with UBA which they also requested that o pay 100000frs. The next thing was that 'after due consideration they could not proceed to pay for seed capital to me ' is this how African youths are going to be empowered?

Je suis d'accord avec la pétition

TEF needs to refund the 2% of $5000 they made us pay to sign the notarized forms indicating we are beneficiaries whereas they were just toiling with our emotions

The people in charge of the TEF foundation need to do better. It is heartless to start a program by January of 2023 and still be in the program by Jan 2024 without knowing your stand in the said program. These guys are incompetent, deceitful, and heartless. There are so many things wrong with the organization. 1. Lack of communication with the entrepreneur. 2. They never keep up to date. Always changing set dates at the dying minute. 3. Asking struggling entrepreneurs to get notarized documents, open business accounts, and get other documents even when they know said entrepreneurs will not be chosen. Asking them for these documents costs more than 300 dollars, including their time and efforts. 5. Disqualification without a clear reason. Why would you disqualify someone who has been in a program for 13 months without a reason?? Even after submitting notarized documents stating that they have received the said fund?? That is stealing. These and many more are done by the organizers to struggling African entrepreneurs. TEF should be accountable to all their entrepreneurs.

As stated on the SIGNED NOTARISED UNDERTAKING, we are BENEFICIARIES of the TEF 2023 Edition an we need our $5,000 because we EARNED it our blood and sweat. Keeping aside that this is a GRANT, we worked for this money. We burnt the midnight candle, put in the work and most important we INVESTED CASH

Greetings, I am writing to give a story and plead for investigation and publication. The Tony Elumelu foundation launched the 2023 edition of their entrepreneurship program with the aim of funding successful youths all over Africa with a $5000 seed capital. From April last year up till December we were given very tidious and costly task to do including business registration, bank account ( compulsorily at UBA) with 100.000frs deposits which have been cut so far for bank charges, signing a notarized document that we will use funds as stated in the business plan which costed $500 and other costly procedure. Most of us are still start ups and this long procedures left some of us in debts Just today they sent mails to say they regret to drop us. Looks like we have been used by the TONY ELUMELU FOUNDATION to obtain funds from sponsors and then dropped from the program. Apparently a program that was supposed to fund youths in all 54 African countries ended up selecting about 90% of Nigerians and 10% non Nigerians which does not cover all other countries. Please if this information can be investigated and published it will go a long way to help African youths who have been used by the Tony Elumelu foundation. Thank you in advance

TEF has disappointed me after asking my notarized undertaken as a beneficiary for the grant.

What they did to us is very unfair they shouldn't have make us spend money we don't even have. $200 can start a table market in Cameroon. Now I'm a graduate no job, no money to start a business.

Tef is running a scam.

I am so heartbroken after spending close to $600 just to be eliminated without any explanation and justification. At least let’s know why we are been eliminated from the program and the least of participants who made it through should be sent to us so that we are sure that 1000 African entrepreneurs were funded.

Their processes was extremely misleading. Pushing us to open UBA accounts and signing notarized documents clearly stating that we have been selected for the seed Capital.

TEF is a thieving enterprise. Why would people sign documents and notaries confirming that they've received seed capital only for them to turn around and eject almost all of them? The non-Nigerians group has been done a deservice

Myself I feel devastated, not knowing of how to deal with a UBA account I traversed 4 Counties with a Cs wound to go open.

I'm in a debt of 500,000F ($828) as a result of a process which gave us the clear impression that we were successful candidates and were going to get the grants of $5,000. It's not about my non selection, it's about the money we were coerced to spend and the fact that we appear to have been used to secure money from funders.

Worst edition, bad organization. 0 Beninese selected. How it is possible?