NEW ERA FOUNDATION
New Era Foundation is a Nigerian non-profit founded in 2000 by Senator Oluremi Tinubu that delivers free youth development programs — including the annual Spelling Bee, NEYOCA residential camps, Leadership and Financial Literacy camps, and Wheelchair Tennis Championships — to public school students and youth in Lagos and Ogun States, funded by corporate sponsors and government education ministry partnerships.
- Company typePrivate
- Founded2000
- HeadquartersENNIS, Texas, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What NEW ERA FOUNDATION does
New Era Foundation (NEF) is a non-governmental, non-political charitable organization founded in 2000 by Senator Oluremi Tinubu during her tenure as First Lady of Lagos State, headquartered in Lagos, Nigeria with primary operations in Lagos and Ogun States. Its mission centers on the promotion of youth development and women empowerment, delivered through a portfolio of free educational and extracurricular programs targeting public primary and secondary school students, youth aged 5–17, and physically challenged athletes. Core programs include the flagship annual Spelling Bee Competition (initiated 2001, with winners serving as 'One-Day Governor' of Lagos State), the Council of One Day Governors (CODG) alumni network, the NEYOCA residential youth camp facility in Ibeju-Lekki, annual Leadership Camps, Financial Literacy Camps, MAD Science Camps, a Youth Exchange Programme with Finland, the Annual Wheelchair Tennis Championships (since 2006, in collaboration with the Nigerian Tennis Federation), and the NEF Junior Chef Competition (since 2005, with Nestlé Nigeria). Additional support mechanisms include a scholarship scheme providing N100,000 grants and educational publications.
The foundation operates through a partnership-driven, non-commercial model: all programs are delivered free of charge to beneficiaries, with funding derived from corporate sponsorships, individual donations, and institutional partnerships. Core partners include the Lagos State Ministry of Education (since 2001) and Ogun State Ministry of Education (since 2012) as co-organizers for the Spelling Bee, Dufil Prima Foods Plc (Indomie) as lead sponsor of the Spelling Bee since inception, Nestlé Nigeria Plc as partner for the Junior Chef Competition, Berger Paints Plc and the Lagos State Technical and Vocational Education Board (LASTVEB) for NEYOCA vocational instruction, and LADOL Integrated Logistics Enterprise for the FIT Youth Leadership Programme. NEF does not sell products or services and has no disclosed revenue, technology platform, or API. Its distribution relies entirely on direct program delivery in collaboration with state government education ministries and corporate sponsors, with marketing conducted through its official website and earned media coverage in Nigerian outlets such as Vanguard.
NEW ERA FOUNDATION firmographics
Firmographics- Name
- NEW ERA FOUNDATION
- Legal name
- New Era Foundation
- Website
- https://newerafoundation.org
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- New Era Foundation is a Nigerian non-profit founded in 2000 by Senator Oluremi Tinubu that delivers free youth development programs — including the annual Spelling Bee, NEYOCA residential camps, Leadership and Financial Literacy camps, and Wheelchair Tennis Championships — to public school students and youth in Lagos and Ogun States, funded by corporate sponsors and government education ministry partnerships.
- Ownership category
- akta.pro rank
NEW ERA FOUNDATION industry classification
Industry- Product category
- Youth Development and Education Nonprofit
- NAICS
- Grantmaking and Giving Services (81321), Civic and Social Organizations (813410)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Education Grantmaking Foundations (BPAGAKAK)
- akta.pro secondary industries
- Community Foundations (BPAGAKAB), Volunteer Program Funding, Scholarships & Fundraising Support (EDAIAGAO)
Keywords
Where NEW ERA FOUNDATION is headquartered
LocationHeadquarters
- HQ city
- ENNIS, Texas
- HQ country
- United States
- HQ region
- North America
Markets served
NEW ERA FOUNDATION business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Distribution channels2 records
Marketing channels3 records
NEW ERA FOUNDATION product offering
Product offeringCore offering
New Era Foundation is a Nigerian nonprofit charitable organization that designs and delivers youth development programs free of charge to beneficiaries. Its offerings include the annual Spelling Bee Competition (with the unique One-Day Governor prize), the NEYOCA residential youth camp in Lagos, leadership and financial literacy camps, a youth exchange programme to Finland, the Wheelchair Tennis Championships, and the NEF Junior Chef Competition. Programs are funded through corporate sponsorships, donations, and partnerships with state education ministries.
Product overview
New Era Foundation is a non-governmental, non-political charitable organization founded in 2000, focused on youth development and women empowerment in Nigeria. The foundation operates a portfolio of educational and youth development programs including the annual Spelling Bee Competition (initiated in 2001), the Council of One Day Governors (CODG) peer mentoring network, NEYOCA residential youth camp, Leadership Camps, Financial Literacy Camps, MAD Science Camps, Youth Exchange Programme, Wheelchair Tennis Championships, and the NEF Junior Chef Competition. These programs are complemented by scholarship schemes and educational publications. The organization partners with the Lagos State Ministry of Education, Dufil Prima Foods (Indomie), and other corporate sponsors to deliver its youth development mission.
Differentiator
Problem solved
Functional benefit
Products and services
- NEF Spelling Bee Competition Annual spelling competition for public primary and secondary schools in Lagos State, Nigeria; winners serve as One Day Governor and receive cash prizes, scholarships, and an educational excursion to Finland.
- Council of One Day Governors (CODG) Peer mentoring group of past Spelling Bee Competition winners and runners-up who continue to participate in NEF activities and leadership development programs.
- NEYOCA (New Era Youth Camp) Coeducational residential facility for youths aged 7-17 located in Ibeju-Lekki, Lagos, offering leadership training, vocational skills, and character development programs.
- NEYOCA Leadership Camps Annual residential leadership development program for children aged 5-17 covering ICT, Leadership and Citizenship, MAD Science, Home Science, Music, bead making, sports, and team activities.
- Financial Literacy Camps Program teaching young people essential values on basic financial management and investment culture using Accelerated Learning techniques, including interactive classes and role playing.
- MAD Science Camps Creative educational program providing engaging and interactive science experiences designed for summer programmes, schools, libraries, museums, and children's organisations.
- Youth Exchange Programme Cultural exchange programme with European countries including Finland, where past Spelling Bee winners travel abroad to engage with youths from other nations.
- Wheelchair Tennis Championships Annual wheelchair tennis tournament organized in collaboration with the Nigerian Tennis Federation since 2006, providing psycho-social support and competitive integration for physically challenged athletes.
- NEF Junior Chef Competition Culinary competition organized in collaboration with Nestlé Nigeria Plc (Maggi Junior Chef) to inculcate cooking skills in young persons.
- NEF Scholarship Scheme Scholarship grants of N100,000 each provided to students with outstanding abilities to further their education in tertiary institutions.
- NEF Publications Educational publications including Spelling Bee Practice Kits, essay compilations, and books on political topics authored by or involving NEF participants.
Quantifiable outcome
- 20+ years of continuous Spelling Bee competition since 2001, producing 17+ One-Day Governors
- +2 more outcomes
Companies that use NEW ERA FOUNDATION
Customer profileSegments3 records
Ideal customer profiles2 records
NEW ERA FOUNDATION technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NEW ERA FOUNDATION partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, flagship and minor.
- Ogun State Ministry of EducationcorePartnership to replicate the Spelling Bee Competition in Ogun State, with MOU signed in 2012 for the inaugural Ogun State Spelling Bee.
- LADOL Integrated Logistics EnterprisecorePartnership for the FIT (Friendship, Inspiration, Training) Youth Leadership Programme in 2012, focusing on leadership and personal development training for youth.
- Lagos State Ministry of EducationcoreLong-standing partnership for the annual Spelling Bee Competition, co-organized with the ministry since 2001. The ministry provides institutional support and venues while NEF provides program design and execution.
- Dufil Prima Foods Plc (Indomie)flagshipLead sponsor of the Lagos State Spelling Bee Competition since inception in 2001. Provides cash prizes, educational materials, and ongoing support for quality education initiatives.
- Nigeria Tennis FederationcoreCollaboration since 2006 for the Annual Wheelchair Tennis Championships. NEF organizes the event while the federation provides technical support and international integration.
- Lagos State Technical and Vocational Education Board (LASTVEB)coreTechnical and vocational training facilitation at NEYOCA camps, providing instruction in masonry, electrical work, garment making, and creative painting.
- Berger Paints PlcminorSponsor of creative painting classes at NEYOCA leadership camps, providing facilitators and paint supplies.
- Lagos State Inland Revenue Service (LIRS)minorSupported the 2014 Leadership Camp as a partner organization.
- Yinka Folawiyo Group of CompaniesminorCorporate sponsor for the Wheelchair Tennis Championships.
- Hi Media Ltd.minorCorporate sponsor for Wheelchair Tennis Championships and other programs.
- Nestle PlcminorPartner in the NEF Junior Chef Competition (Maggi Junior Chef), providing sponsorship and prizes.
- GTBankminorCorporate sponsor supporting foundation programs.
- LASACO InsuranceminorCorporate sponsor listed among foundation partners.
- Eleganza Group of Companies Ltd.minorCorporate sponsor listed among foundation partners.
Recent moves6 records
Expansion highlights5 records
NEW ERA FOUNDATION competitors and assessment
Company assessmentDirect peers
- SOS Children's Villages Nigeria: Operates residential care and youth development programs in Nigeria; comparable as a youth-focused organization running residential facilities and long-term development programs for young people.
- LEAP Africa: Nigerian nonprofit delivering youth leadership, civic engagement, and employability programs; comparable mission and beneficiary profile (Nigerian youth) with similar residential and training-program model.
- Junior Achievement Nigeria: Nigerian affiliate of JA Worldwide delivering financial literacy, work readiness, and entrepreneurship education to youth; directly overlaps with NEF's Financial Literacy Camps and Junior Chef programs targeting school-age children.
- African Leadership Academy: Pan-African residential institution developing youth leadership across the continent; comparable as a residential youth leadership and college-preparatory organization serving African students with multi-sector curricula.
- Tony Elumelu Foundation: Nigeria-based philanthropic foundation supporting youth entrepreneurship and leadership development across Africa; directly comparable as a high-profile Nigerian foundation running youth-targeted programs with corporate sponsorship.
- FATE Foundation: Nigeria-based foundation running youth entrepreneurship and capacity-building programs; comparable as a Nigerian foundation serving youth through structured training and development initiatives.
Broad incumbents
- Dangote Foundation: Largest Nigerian corporate foundation running health, education, and economic-empowerment programs at national scale; comparable as a major Nigerian philanthropic foundation but with much broader scope and budget.
- MTN Foundation: Nigerian corporate foundation of MTN Group funding education, youth, and health programs; comparable as a large Nigerian corporate foundation running youth-targeted initiatives with national reach.
Regional players
- Harambee Youth Employment Accelerator: South African nonprofit addressing youth unemployment through skills and employer-matching programs; comparable as a youth workforce-readiness organization with structured program models, but operating in a different geography.
- Mandela Rhodes Foundation: Africa-wide scholarship and leadership program for African youth (anchored in South Africa); comparable as a scholarship and leadership-development foundation for African youth, but geographically distinct from NEF's Nigerian focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
NEW ERA FOUNDATION social profiles
Digital presenceNEW ERA FOUNDATION financial estimates
Financial estimateRevenue estimate
Valuation estimate
NEW ERA FOUNDATION leadership team
Management profileNumber of profiles
Profiles4 records
NEW ERA FOUNDATION funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NEW ERA FOUNDATION M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NEW ERA FOUNDATION
What does NEW ERA FOUNDATION do?
New Era Foundation is a Nigerian nonprofit charitable organization that designs and delivers youth development programs free of charge to beneficiaries. Its offerings include the annual Spelling Bee Competition (with the unique One-Day Governor prize), the NEYOCA residential youth camp in Lagos, leadership and financial literacy camps, a youth exchange programme to Finland, the Wheelchair Tennis Championships, and the NEF Junior Chef Competition. Programs are funded through corporate sponsorships, donations, and partnerships with state education ministries.
Is NEW ERA FOUNDATION a public or private company?
NEW ERA FOUNDATION is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was NEW ERA FOUNDATION founded?
NEW ERA FOUNDATION was founded in 2000. It employs 11 to 50 people.
Where is NEW ERA FOUNDATION based?
NEW ERA FOUNDATION is headquartered in ENNIS, Texas, United States, in the North America region.
Who are NEW ERA FOUNDATION's main competitors?
Direct peers on record are SOS Children's Villages Nigeria, LEAP Africa, Junior Achievement Nigeria, African Leadership Academy, Tony Elumelu Foundation and FATE Foundation. Broad incumbents are Dangote Foundation and MTN Foundation. Regional players are Harambee Youth Employment Accelerator and Mandela Rhodes Foundation.
Does NEW ERA FOUNDATION have an API?
No public API is recorded for NEW ERA FOUNDATION.
What industry is NEW ERA FOUNDATION in?
NEW ERA FOUNDATION's product category is Youth Development and Education Nonprofit. Its primary akta.pro industry code is BPAGAKAK, Education Grantmaking Foundations, with a secondary code of BPAGAKAB, Community Foundations. Its NAICS code is 81321 and its SIC code is 8600.