
Audio By Carbonatix
The Season 2 of McDan Entrepreneurship Challenge has been launched.
Chief Executive of McDan Group, Dr. Daniel McKorley hinting the winner pick will be measured by “innovation, character and the urge to win”.
“In the second season the contestants are very serious and committed. It’s been very competitive this season. Covid has brought the best in entrepreneurs. The innovation that went through during the lockdown especially is enough grounds for commendation”.
The 4-week long contest has so far numbered over 16,000 participants. The reality television show will see the ultimate winner walk away with funding and mentoring support of up to $100,000.
Entrepreneurs with innovative startups and ideas solving Africa’s pressing problems are encouraged to visit http://www.mcdanchallenge.com/ to learn more about the competition and apply.
Applications close on February, 28 2020. There is no age limit for applicants.
Background
Business mogul Dr. Daniel McKorley, Executive Chairman of McDan Group and McDan Foundation, is investing over $100,000 to support young, enterprising people with bankable ideas to create jobs, deepen entrepreneurship culture and produce more successful entrepreneurs (millionaires) in the country.
Youth unemployment remains the biggest national security threat to our dear country and the McDan Entrepreneurship Challenge is a strategic platform for empowering the youth to overcome this danger with funding and mentorship to create not only their own jobs but expand the economy for wealth creation.
The reality TV show will be aired on selected TV stations across the country over a 13 - week period. This will make it possible for members of the public to participate and learn some entrepreneurial skills for their own use.
The McDan Entrepreneurship Challenge is being organised by TEN Ghana, an organisation that promotes the “create your own job” spirit among young people in the country.
Partner institutions include the Ghana Institute of Management and Public Administration (GIMPA), National Entrepreneurship and Innovation Plan (NEIP), Ministry of Business Development, and Active Media.
“McDan Entrepreneurship Challenge: Employment through Entrepreneurship.”
The McDan Entrepreneurship Challenge is funded by McDan Foundation.
Latest Stories
-
Cedi dips further as external shocks intensify; one dollar equals GH¢11.70 at forex bureaus
3 minutes -
Sampa chieftaincy dispute: Sammordua dragged to court for contempt
10 minutes -
Okyere Baafi calls for suspension of Publican AI system over ‘serious flaws’
13 minutes -
Fuel fraud: OSP uncovers “secret collusion” between 5 oil companies and 3 state entities
19 minutes -
VIP Transport defends fare increase over rising fuel and maintenance costs
35 minutes -
LGBTQ+ issues not a priority for Ghanaians – Felix Kwakye Ofosu
49 minutes -
Kwakye Ofosu rejects NPP Minority’s call for apology over anti-LGBTQ bill
56 minutes -
Music giant Universal gets $64bn takeover offer
1 hour -
NPP criticism of anti-LGBTQ Bill ‘nothing more than political posturing’ — Kwakye Ofosu
1 hour -
Joy FM was birthed over a bowl of fufu’ – Tommy Annan-Forson shares interesting story
1 hour -
World Athletics to introduce standalone World Marathon Championships from 2030
1 hour -
Africa’s voice in global journalism grows as funding, AI and misinformation shape newsrooms
1 hour -
First Atlantic Bank holds Annual General Meeting, reports strong growth and bold outlook for 2026
2 hours -
Ghanaian-founded fintech WeWire secures Canadian PSP license to bridge African, global payments
2 hours -
Uganda confirms 2027 AFCON dates
2 hours