Dr Daniel Mckorley launches McDan Entrepreneurship challenge- 80 entrepreneurs shortlisted for McDan Entrepreneurship Challenge Season Two

Accra, Oct. 1, GNA – A total number of 80 budding entrepreneurs have been shortlisted in the second edition of the McDan Entrepreneurship Challenge, a programme designed to empower them.
The number was culled out of over 14, 000 applicants who applied for the challenge throughout the country.
The 80 contestants will be pitching their business ideas and modules to a panel of judges, out of which an overall winner will be selected and rewarded a $100, 000 support fund.
Mr Daniel Mckorley, Chairman of the McDan Group of Companies, said the programme was to develop the competences and skills of the entrepreneurs as well as equip them for the job market.
He said this was his way of empowering the youth in entrepreneurship and supporting government in providing employment opportunities for the youth, adding that, “the government can’t do it alone, we all need to support them in building the capacities of the youth.”
“It’s about the impact we want to create, and build the competences and skills of the youth for a better tomorrow. Unemployment is a major problem of the country, and we all must do our best and support government to curb it,” he said.
Mr Mckorley said the cash prize will help the winner scale up her company so as to employ others and make positive impact in his or her community and the country as a whole, adding that, the remaining contestants would receive support from the Ministry of Business Development.
Mr Augustine Blay, Executive Security to the Vice President of Ghana, called on the private sector to support government in meeting the challenge of youth unemployment.
He said government was committed to youth development hence the introduction of youth centred programmes such as the Free Senior High School (SHS), National Builders Corps (NABCO), National Entrepreneurship and Innovation Plan (NEIP), among others.
He said the programmes were having positive impact on the youth in building their competences and creating employment.
“A programe as the Free SHS had over 1.2 million school children on board, whereas NABCO and NEIP were providing employment for the youth and providing them with capital to build their start ups,” he said.
Mr Alhassan Hamza Akoligoh, winner of the first edition of the challenge, advised contestants to be focused and not just be concerned about winning the prize money but build their skills as well.
“Focus on your business and not just the award prize. Your business shouldn’t just be about profit but creating an impact in the lives of others,” he said.
GNA

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McDan donates 3 Dialysis machines to 37 military hospital

The Chairman of the McDan Group and McDan Foundation, Dr Daniel McKorley has donated three (3) Dialysis Machines with Special Chairs worth USD 57,000 to the Renal and Dialysis Unit of the 37 Military Hospital in Accra. Making the presentation to the Military High Command, Dr. McKorley underscored the need for Ghanaians to compliment Government efforts particularly in the Health sector to facilitate quality access to health care. As he puts it “this donation is to help reduce the rising incidence of death arising out of dialysis challenges and help improve general health care of the people”.

Receiving the Machines on behalf of the Military High Command and the Hospital, Lt Gen.Obed Boamah Akwa, the Chief of Defence Staff, expressed his appreciation to Dr McKorley for his timely donation and support to the Hospital and pledged to ensure the highest maintenance regime for the 3 Dialysis Machines. He commended Dr McKorley for his exemplary gesture, worthy of emulation and encouraged patriotic Ghanaians to donate more Dialysis machines to support the Renal and Dialysis Unit of the Hospital.

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McDan Foundation breaks ground for construction of modern shea nut factory

Accra, July 23, GNA- The McDan Foundation breaks ground for the construction of a modern shea nut processing warehouse and factory in Nasia in the Northern region.

Mr Frank Oduro, the Head of the Foundation led the ceremony on behalf of Dr Daniel Mckorley, the Founder and Executive Chairman of McDan Group of Companies.

The Foundation will support the facility with a state-of the-art shea butter processing equipment and a Kia Truck.

The facility due to be completed in three months would cost GHc 550,000 and create over 100 direct and indirect employment for the youth in the community.

The facility is meant for Mr Alhassan Hamza Akoligo, a young entrepreneur who won the maiden Season One McDan Entrepreneurship Challenge in February 2020.

He took home the $100,000 coveted prize money beating nine other finalists to win the prize at the grand finale.

A statement from the Foundation copied to the Ghana News Agency in Accra said the gesture was part of the foundation’s corporate social responsibility to empower young entrepreneurs to scale up their business modules.

Alhassan Hamza Akoligo, a young entrepreneur who established Alkoh Shea Butter at Gambaga in the North East Region, has won the Season One of the McDan Entrepreneurship Challenge, taking home the $100,000 coveted prize money.

Each of the nine contestants received GH¢25,000.00 from McDan Foundation, established by Dr Daniel Mckorley, the Founder and Executive Chairman of McDan Group of Companies.

The statement quoted Dr Mckorley resolute support for the next generation of Ghanaian entrepreneurs to grow and expand their businesses.

He advised them to be determined, resilient and disciplined to accomplish their vision of becoming multi-million-dollar entrepreneurs.

He noted that bad attitudes and indiscipline could easily collapse budding businesses since research had shown that out of 100 small-scale enterprises only 10 succeeded in becoming multi-million-dollar ones.

Dr Mckorley entreated young entrepreneurs to be innovative and creative in their dealings to make headway in life and positively impact on the national economy.

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Dr Mckorley supports Muslim chiefs as they fast

The CEO of the McDan Group of Companies, Dr Daniel McKorley through his McDan Foundation is supporting some selected chief palaces in the Northern region and Greater Accra with bags of rice as they mark the holy month of Ramadan.

The donation which comes at a total cost of GHC400,000 is a token expressed to Muslim chiefs as part of the McDan Foundation’s Corporate Social Responsibility.

The McDan Foundation has over the year diligently supported communities and vulnerable people in the country most significant building of schools in deprived communities.

This gesture according to Dr McKorley remains critical part of his contribution towards humanity.

The Madina Zongo, Ya Na’s palace in Yendi, Mion palace and the Dakpema Palace where he was skinned as the Gugba Na are part of a tall list to benefit from the foundation’s benevolence.

Dr. Daniel McKorley is noted in Ghana as a business magnate with the McDan Entrepreneurship initiative gaining grounds in the heart of young innovative entrepreneurs.

His continues support for the Ghanaian youth can’t be underestimated. He has invested heavily in youth sports development building modern astro turfs in the country.

The foundation has also visited Nyankpala, Lameshegu, Bamvim, Tolon, Dakpema.

Gulkpe, as well as Mion Lana and Gbewaa palaces.

 

Source: GhanaWeb

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McDan Foundation supports Muslim chiefs as they fast.

The CEO of the McDan Group of Companies, Dr Daniel McKorley through his McDan Foundation is supporting some selected chief palaces in the Northern region and Greater Accra with bags of rice as they mark the holy month of Ramadan.

The donation which comes at a total cost of GHC300,000 is a token expressed to Muslim chiefs as part of the McDan Foundation’s Corporate Social Responsibility.

The McDan Foundation has over the year diligently supported communities and vulnerable people in the country most significantly building of schools in deprived communities.

This gesture according to Dr McKorley remains critical part of his contribution towards humanity.

The Madina Zoongo, Ya Na’s palace in Yendi, Mion palace and the Dakpema Palace where he was skinned as the Gugba Na are part of a tall list to benefit from the foundation’s benevolence.

Dr. Daniel McKorley is noted in Ghana as a business magnate with the McDan Entrepreneurship initiative gaining grounds in the hebuyart of young innovative entrepreneurs.

His continues support for the Ghanaian youth can’t be underestimated. He has invested heavily in youth sports development building modern astro turfs in the country.

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Coronavirus: McDan Foundation donates 5000 gallons of sanitizers to hospitals, others

The Chairman of the McDan Group of Companies, Mr Daniel McKorley has distributed over 5000 gallons of hand sanitizers to selected hospitals, security agencies, traditional authorities, organisations and communities across the country in response to the coronavirus pandemic.

Mr McKorley in partnership with Maxtachem LTD produced 4.5litre gallons of sanitizers made from locally sourced raw materials to come to the aid of several Ghanaians following reported shortages amid the coronavirus pandemic which has hit the country.

Following President Nana Akufo-Addo’s request to have indigenous entrepreneurs and stakeholders produce locally developed hand sanitizers and potent drugs to mitigate the spread of coronavirus, Dr McKorley through his McDan Foundation has responded by teaming up with a local manufacturer to distribute to the public.

In an interview with Graphic Online, Dr Mckorley said it was in the interest of his outfit to help avoid the spread of the global pandemic by applying precautionary measures.

He noted that the sanitizers when put to use would help curb the possible spread of the deadly virus which has seen 24 cases recorded in the country.

“I decided to respect the President’s call by teaming up with Maxtachem LTD to produce hand sanitizers to be distributed to the public and I believe it will help in the fight against the coronavirus pandemic,” Dr McKorley said.

“We are to adhere to the precautionary measures to help avoid the spread and I believe this donation when put to use would help in the course”.

Meanwhile, Dr McKorley has pledged to financially support ten selected entrepreneurs with varied amounts as working capital to produce hand sanitizers in commercial quantities.

These initiatives he believes would support the quest to mitigate the spread of the pandemic and help innovative entrepreneurs to build a sustainable business.

 

Source: Graphic Online

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The CEO of McDan Group has selected 10 Ghanaians Entrepreneurs to produce hand sanitizers

Dr. McKorley in line with the President’s directive to build local capacity of Ghanaians to produce potent drugs and hand sanitisers to mitigate the spread of COVID-19, business mogul and Chairman of the McDan Group/McDan Foundation, Dr. Daniel McKorley, is supporting young, innovative Ghanaian entrepreneurs with funding to develop local formula for the production of hand sanitizers for the African market

Dr. Daniel McKorley has selected 10 Ghanaians entrepreneurs out of 250 who presented their business modules last week in aid to support them produce more hand sanitizers with local content.

Over 100 young Ghanaians presented their samples and made a pitch before a Jury Chaired by Dr Daniel McKorley for funding support from the McDan Foundation.

We considered innovation, creativity, entrepreneurial spirit, sustainability and local content in criteria of selection.
I will be distributing over 5000 gallons of hand sanitizers for free to selected hospitals, security agencies, traditional authorities, organizations and communities across the country as a needed intervention to help curb the spread of the virus.

 

 

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McDan Empowers Ghanaian Entrepreneurs to produce Local content Hand sanitizers to Combat COVID-19

In line with the President’s directive to build local capacity of Ghanaians to produce potent drugs and hand sanitisers to mitigate the spread of COVID-19, business mogul and Chairman of the McDan Group/McDan Foundation, Dr. Daniel McKorley, is supporting young, innovative Ghanaian entrepreneurs with funding to develop local formula for the production of hand sanitizers for the African market.

“It is time Ghanaian entrepreneurs, bio chemists, University Dons and Investors come together to find local solution to life threatening global challenge like Corona Virus” Dr McKorley told the media in Accra yesterday at a press briefing.

Over 100 young Ghanaians presented their samples and made a pitch before a Jury Chaired by Dr Daniel McKorley for funding support from the McDan Foundation.

PROCESS:

  1. Screening of entrepreneurs’ proposals and samples.
  2. Referral of samples to a Technical Team for assessment and subsequently to the Food and Drugs Authority for regulatory compliance
  3. Once found viable, funding begins.

Those samples and proposals found viable as per the criteria will be contacted for the needed support.

Dr McKorley is determined to support the Government of Ghana’s agenda to fight the COVID-19 pandemic. He believes this challenge offers opportunity for Ghanaian entrepreneurs to prove their mettle for quality innovative solutions to not only arrest the spread of the virus but also create jobs and wealth for the People.

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Hamza Akoligo adjudged winner of McDan Entrepreneurship Challenge

Mr Alhassan Hamza Akoligo, a young entrepreneur who established Alkoh Shea Butter at Gambaga in the North East Region, has won the Season One of the McDan Entrepreneurship Challenge, taking home the $100,000 coveted prize money.

He beat nine other finalists to win the prize at the grand finale held at the National Theatre in Accra on Friday.

Each of the nine received GH¢25,000.00 from McDan Foundation, established by Dr Daniel Mckorley, the Founder and Executive Chairman of McDan Group of Companies.

The Ministry of Business Development also pledged to support the nine others with a total of GH¢300,000.00 to scale up their businesses while the Ghana Investment Promotion Centre (GIPC) pledged to send the winner and the first runner-up on a VIP business trip abroad.

The 10 finalists pitched their business ideas and plans before a jury and after over three hours of exhaustive presentations, Akoligo, who is into processing and production of quality shea butter, using modern technology, emerged the winner.

The competition started about eight months ago, which saw 7,000 applicants nationwide, comprising young indigenous entrepreneurs, presenting their business models and hoping to receive financial support from McDan Foundation, the programme organizers, to expand their businesses.

Mr Akoligo, who was emotional after receiving the dummy cheque of $100,000, in his acceptance remarks, expressed profound gratitude to McDan Foundation for recognizing his business model and promised to work harder to make his dream of becoming a multi-million-dollar entrepreneur materialize.

He paid glowing tribute to his mother, who initially employed him to assist in her shea butter processing and selling trade, and promised to support her.

Earlier, Dr Mckorley pledged to support the next generation of Ghanaian entrepreneurs to grow and advised them to be determined, resilient and disciplined to accomplish their vision of becoming multi-million-dollar entrepreneurs.

He noted that bad attitudes and indiscipline could easily collapse budding businesses since research had shown that out of 100 small-scale enterprises only 10 succeeded in becoming multi-million-dollar ones.

”If you give $100,000 to an idiot it will vanish, but a smart businessman will turn it around”.

Dr Mckorley entreated young entrepreneurs to be innovative and creative in their dealings to make headway in life and positively impact on the national economy.

Mr Augustine Blay, the Executive Secretary at the Office of the Vice President, re-affirmed Government’s commitment to supporting the youth to grow and expand their businesses.

He said government disbursed 70 million Ghana cedis affordable micro and small loans to young entrepreneurs, last year, through the Microfinance and Small Loans Centre (MASLOC) and gave the assurance of creating external markets for their products.

Dr Ibrahim Mohammed Awal, the Minister of Business Development, in an address read on his behalf, said the Ministry was established to create business incubators and sustainable businesses.

It intended, therefore, to train 15,000 young entrepreneurs this year and provide financial support to 5,000 of them, he added.

Last year the Ministry trained 12,000 young entrepreneurs and supported 4,250 with financial support.

The event attracted captains of industry, accomplished and young businessmen and women, traditional rulers and students from the second cycle and tertiary institutions.

 

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Winner of McDan Entrepreneurship Challenge gets rousing welcome at Gambaga

It was a momentous, triumphant entry for Alhassan Koligu Hamza of Alko Shea as hundreds of enthusiastic Youths and elders of Gambaga welcomed him and his entourage to Gambaga on Sunday 1st March 2020 after emerging the overall winner of the USD 100,000 prize package of the McDan Entrepreneurship Challenge (MEC).

The MEC is the initiative of one of Ghana’s seasoned business leaders, Dr. Daniel McKorley to promote and support enterprising Ghanaian youth who have viable business propositions with the needed capital and mentorship to establish their own companies, create jobs and wealth for the economy.

The ultimate objective is to deepen the culture of entrepreneurship among the Youth and create a sustainable platform for the next generation of Ghanaian conglomerates in Africa and beyond.

After winning the USD 100,000 price package, Mr. Hamza, a shea butter farmer from Gambaga in the North East Region was led by the Head of McDan Foundation, Mr. Frank Oduro and Kelvin Atuguba of TEN Ghana, to officially present his award to the Chiefs and people of Gambaga in the North East Region.

At a brief ceremony in the Gambaga Community Center, Chaired by the Deputy Regional Minister of North East Region, Hon Tahiru Tia, Mr. Alhassan Koligu thanked the McDan Foundation for the honor done him and pledged to work hard to expand his business beyond the shores of Ghana with the USD 100,000 received.

On his Part the Deputy Regional Minister, Hon Tia expressed his Region’s appreciation to the McDan Foundation for investing in shea butter production in Gambaga through Alkoh Shea and was hopeful this will help create jobs for his people.

Mr. Frank Oduro congratulated Mr. Hamza for emerging the overall Winner and pledged the McDan Foundation and its Chairman Dr. Daniel McKorley’s support in establishing a shea butter warehousing facility with the appropriate logistics to scale up the production of Shea butter and help to create jobs and wealth for the economy.

He encouraged the Youth to participate in the season 2 of the McDan Entrepreneurship Challenge. The Minister for Local Government, Hajia Alima Mahama endorsed the McDan Entrepreneurship Challenge as a powerful tool for job creation.

Also present at the ceremony were the Representatives of the Gambaga Naa, the Regional Chief Imam, various youth groups, shea butter farmers, opinion leaders and hundreds of enthusiastic people.

Source: McDan

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