Tony Elumelu Foundation Aguka Ideation Entrepreneurship Programme 2025 for young  Rwandans

The AGUKA IDEATION ENTREPRENEURSHIP PROGRAMME Is a partnership with the Tony Elumelu Foundation, UNDP Rwanda and the Rwandan Ministry of Youths and Arts to support 100 Rwandan entrepreneurs between 18 -30 with business ideas with a seed capital of $3000 each.

Eligibility Criteria for Aguka Ideation Entrepreneurship

• The Programme is open to all Rwandans (as defined) who are between the ages of 18 – 30 years. The submitted age of all Applicants must be supported with government approved means of identification.
• All Applications must be for a 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.

Also Consider the BeGreen Africa Entrepreneurship Program

Programme Cycle

The Programme is made up of the following stages all of which form the Programme 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.

Business Plan Preparation & Submission

Programme Participants who have completed the TEF Business Management Training Programme 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 programme.

Pitching Competition

Top scoring Programme Participants shortlisted from the business plan stage will participate in the Pitching Competition where they will pitch their business plans physically to a panel of judges or submit their pitch videos to the Promoter.

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.

How To Apply

Application Deadline: 31st March, 2025

Application Link: Visit Aguka Ideation Entrepreneurship webpage to get started

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