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Apply to the $100,000 McDan Entrepreneurship Challenge for Ghanaian Startups

MCDAN ENTREPRENEURSHIP CHALLENGE

Registration has opened for the maiden edition of the McDan Entrepreneurship Challenge 2018. The reality television competition will see the ultimate winner walk away with funding and mentoring support of $25,000 to fund his or her business idea. Application is from now until the very last day of the Challenge on February 16th, 2018.

APPLY TO THE MCDAN ENTREPRENEURSHIP CHALLENGE 2018

The McDan Entrepreneurship Challenge is seeking to promote entrepreneurship among the youth in the country through idea development, training, mentoring through to project implementation. The Challenge will see the maximum of fifty  (50) young people between the ages of 16 and 29 selected from all regions in Ghana to compete for up to US$ 100, 000 for a period of three (3) calendar months.

MCDAN ENTREPRENEURSHIP CHALLENGE

Who Qualifies to Participate?

The project will begin with calls for ideas from all over the country. Through a series of evaluation criteria, a maximum of five (5) individuals/groups will be selected for each tertiary institution in each region in the country. This will bring the initial number of selected candidates to 150 nationwide.

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A group of consultants will meet the contestants on a zonal basis and select a total of fifty (50), that is, two (5) from the selected institution after interacting with them. The final fifty (50) will be housed for a period of ninety (90) days in Accra and shall receive training and mentoring, to develop their ideas into full projects.

The contestants will have the opportunity to pilot their projects on the small-scale basis under careful guidance. After careful evaluation of the projects, a panel of seasoned consultants will select the most viable project which shall receive funding up to US$100,000. The remaining team members will have the opportunity to present their projects to other investors for possible funding.

The McDan Entrepreneurship Challenge is being organized in collaboration with Today’s Entrepreneurs Network (TEN Ghana), who maintain that, youth unemployment remains the biggest national security threat to the  country  and the McDan Entrepreneurship Challenge is seeking to help empower the youth by creating their own jobs.

The Challenge will be aired on some selected television in Ghana which is intended to make it possible for the public to also participate and learn some entrepreneurial skills and project development.

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8 Comments

8 Comments

  1. Abdul mumin Lukman

    at

    A good initiative. I’m interested, how can I join the family of macdan group of companies

  2. Adu Nicholas

    at

    Please I want to know how to apply for this entrepreneur challenge this year 2019.

  3. Nicholas Adu

    at

    Please am into agric business and I want to apply for this challenge

  4. ABEL SEIDU

    at

    very good initiative kudos

  5. Please am a gradute studied entrepreneurship and fiancé as major at Kumasi technical university I want to investors to invest in my business how can I participate in this program

  6. Green Life Agro Plantations is in to agribusiness. We deal in agrochemicals and machinery, boots, fertilizers amonsgt others .

  7. Mercy

    at

    Good day please am Mercy a young entrepreneur CEO of ohemaa cosmetics and Detergents l also want to participate in the challenge

  8. Beautiful program but I think projects with enviromental and social positive objectives should be more considered. Also age should not be a factor since our culture makes it difficuilt for people to achieve their potentials at early ages. I wish i can show my Social enterprenuer eco project on your playform to educate more youth how to start a good social enterprenuer project. My project is registrted as Green Village. We do organic vegetables, tilapia and catfish farm. We also use plastic bittles for building for making raise up vegetable beds for raise up fish farm. We are serving more than 300 customers now.

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Opportunities

MEST Africa: Applications Opens to Aspiring Tech Entrepreneurs in Class of 2022

MEST Africa

MEST Africa calls for applications into the Meltwater Entrepreneurial School of Technology Training Program Class of 2022. This is a twelve (12) month graduate-level training program for aspiring tech startup founders on the continent of Africa. Deadline is the 29th of April, 2021.

Since the launch of MEST Africa in 2008, the company has invested over $22 million in training over 350 individual entrepreneurs and over 60 of them have received investments across Africa.

The MEST Africa entrepreneurs have developed solutions addressing local, regional and global markets, received follow-on funding from global investors and gotten into top accelerator programs such as Y-combinator, 500 startups and TechStars.

The MEST Africa Training Program is the leading entrepreneurial training program in Africa in business, communications and software development which includes extensive hands-on project work for trainees, culminating in a final pitch and the chance to receive seed investment and grow their businesses.

The successful world-class MEST Training Program annually runs with the help of an internationally recognized faculty. Its teaching fellows come from some of the best universities around the globe with the likes of Oxford, Stanford, Harvard and more.

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MEST Africa

They as well offer selected entrepreneurs-in-training (EITs) the opportunity to be mentored by real-life Entrepreneurs, CEOs and other executives from all over the world. Some of its guest lecturers are executives of Uber, Facebook, Safaricom, Samsung, Interswitch, etc.

This year, MEST Africa says it is welcoming entrepreneurs living in Ghana and Nigeria mainly because of the way organizations operate around the world today due to the COVID-19 global pandemic, causing travel restrictions and moving many workplaces to adopt digital solutions.

Who qualifies to to be accepted into the MEST Africa Training Program?

  • A degree from a top university or Technical College or equivalent experience with at least two (2) years corporate and startup experience (preferred)
  • Deep skills in either communications, business or software development (from the onset or acquired during the Pre-Learning stage)
  • Young persons crazy about tech and entrepreneurship, and how to use technology to achieve business results
  • Should be ready to commit to a full residential program for a whole year
  • Disciplined, motivated self-starter who can work and deliver on assignments and projects – demonstrate this by completing the required Pre-Learning courses and MEST’s rigorous recruitment process
  • An entrepreneurial spirit and strong desire to start a company
  • Ability to communicate candidly and persuasively
  • Ability to work well in teams, proven academic or professional excellence
  • Demonstrated leadership abilities
  • Confident and independent thinking
  • Excellent people skills
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The MEST Africa Training Program commences on the 1st of September and ends on the 31 of August, 2022. All interested persons should find out more about the Curriculum Structure. You will complete their pre-learning courses, take an aptitude test and the Training Program Application form. This is a fully sponsored training for all qualified entrepreneurs.

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