THE TEF 2022 BUSINESS PLAN SUMMARY REVIEW - HOW TO EDIT, WRITE, PRESENTATION STRUCTURE, FINANCIALS

THE TEF 2022 BUSINESS PLAN SUMMARY REVIEW - HOW TO EDIT, WRITE, PRESENTATION STRUCTURE, AND FINANCIALS!
In this session, I will guide you through each step that has to be taken to guarantee that you are on the right track. As you are well aware, FINANCE (money) is the livewire for any business, regardless of its size.

And here is where the Tony Elumelu Foundation (TEF) comes into the picture with their laudable initiative to annually finance and assist Micro, Small, and Medium Enterprises (MSMEs) in Africa with $5,000.
This video is realistically and particularly made for you, as well as for everyone else who is currently going through the application process for this year (2022). If you do not have a laptop, but you want to finish your Business Plan Summary Document on your phone and submit it early, then this video is for you. It is also made for everyone else who is going through the application process for this year.
The Business Summary of the TEF 2022 Business Plan is broken up into a total of six (6) sessions.
🛑 (1) PROBLEM & SOLUTION - (Required for Pitching)

Describe an overview of your business, highlighting:
• How you came up with this business idea.
• What problem you are trying to solve.
• How your business solves this problem.
Not more than 150 words
🛑 (2) BUSINESS PROCESS

•Features & Functionalities- (Required for Pitching)
•Pricing
•Profitability- (Required for Pitching)
🛑 (3) MARKET OPPORTUNITY

•Target Audience/Customers- (Required for Pitching) Not more than 50 words
•Marketing & Sales- Your Marketing Plan (Required for Pitching)
🛑 (4) BUSINESS ANALYSIS

• SWOT Analysis (Strengths, Weaknesses, Opportunities, & Threats)- Required for Pitching
Not more than 50 words
🛑 (5) YOUR NEEDS

• Resource Requirements- (Required for Pitching) Not more than 100 words.
• Building a Team ( Not more than 100 words.)
🛑 (6) YOUR PLANS

•Business Forecasting and Planning- (Required for Pitching) Not more than 150 words
•What are the next steps for your business ( Not more than 150 words.)

𝘚𝘰, 𝘩𝘦𝘳𝘦'𝘴 𝘵𝘩𝘦 𝘥𝘦𝘢𝘭

All qualified applicants (Participants) are grouped into 3 #categories which are:

🔵𝐒𝐭𝐚𝐫𝐭𝐮𝐩 (𝐈𝐝𝐞𝐚)
🟣𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐨𝐫
🟡𝐃𝐢𝐬𝐫𝐮𝐩𝐭𝐨𝐫

But in this year 2022, the above has been removed

Eligibility/Criteria during the early selection process are :

1. Startup African entrepreneurs based in Africa.

2. Business at the idea stage are welcome, as well as innovative
businesses that have been in existence for less than 3 years.

3. Business can be in any sector.

4. Business must have potential to create jobs and revenue on the continent
I wish you success & Goodluck
#abrahamorukpe

Видео THE TEF 2022 BUSINESS PLAN SUMMARY REVIEW - HOW TO EDIT, WRITE, PRESENTATION STRUCTURE, FINANCIALS канала Abraham Orukpe - The Business Consultant