African entrepreneurs with Africa-located companies grab slice of Tony Elumelu $100M Fund

dollar bills

Boston’s BlackSoftware.com congratulates African startups who were the lucky ones of 3,000 selected by the TEF Entrepreneurship Programme sponsored by philanthropist Tony Elumelu.  They were awarded seed capital of $5,000 and 12-weeks of training for their ideas. Elumelu, the rich Nigerian businessman, put up $100M of capital in a foundation to guarantee the money would be there for them, Harvard’s B School sees many Elumelu sponsored Africans, but this particular entrepreneurial cohort  is not the B school variety, instead, they hustle up from the streets. Their acceptance into his program…