Federal University of Technology, Akure, FUTA 500 level student wins Tony Elumelu Entrepreneurship Foundation Programme (TEEP) $10,000 Grant. Michael Olorunfemi John, a 500 level student in the Department of Transport Management Technology, Federal University of Technology, Akure (FUTA) has been awarded a $10,000 seed capital grant by the Tony Elumelu Entrepreneurship Foundation Programme (TEEP) for emerging entrepreneurs. Michael emerged one of the 1,000 African entrepreneurs selected from the 45,000 who presented applications for start-up grants. The Former Team Leader of ENACTUS (SIFE FUTA) struck the chord for a spot in the 2nd edition of the grant award by a presentation
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