In a swift response to the President of Ghana’s request to indigenous entrepreneurs, and stake holders to produce locally developed hand sanitizers and potent drugs to mitigate the spread of COVID-19, the McDan Foundation, (a subsidiary of the McDan Group ), led by its Executive Chairman and recognized Ghanaian business leader, Dr Daniel McKorley has kicked off a two-pronged Corporate Social Responsibility (CSR) initiative with multiple tenets to support key organizations that require it and to place economic pillars in the local entrepreneurship community.
McDan Group partnered with Maxtachem Ltd and also invited local entrepreneurs to present their sustainable entrepreneurial idea and exclusive local ingredient formulations of hand sanitizers for testing, sampling, approval, and production.
Over the past week, after assessing over 250 entrepreneurs in areas such as innovation, creativity, entrepreneurial spirit, sustainability and local content for their concepts,10 companies at various stages of their businesses, were selected to be supported with various amounts as critical working capital.
McDan Foundation is immediately distributing 5000 gallons of sanitizer for free to selected hospitals, security agencies, traditional authorities, organizations and communities across the country as a needed intervention.
These initiatives will support to mitigate the COVID-19 pandemic and help creative and innovative entrepreneurs to build a sustainable business and become the engine of growth.
“It is time Ghanaian stakeholders such as entrepreneurs, biochemists, University Deans, and Investors come together to find local solutions to life-threatening global challenges like Corona Virus,” Dr Daniel McKorley said.