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11 October 2018 | Story UFS | Photo Zama Feni
UFS launch student business incubator project
Rector and Vice-Chancellor Francis Peterson cutting the ribbon as the office of Student Business Incubator Project was officially opened last Friday.
The University of Free State has recently launched a Student Business Incubator Project that will provide impetus to students with business ideas.

The initiative, which is under the management of the Directorate for Research and Development (DRD) was conceived a few years ago with objective of untapping the entrepreneurial potential of students. 

And it was on Friday last week that all the energy and efforts that were directed towards the planning of this project culminated into the official launch and opening of the offices where the students will conduct their business operations.

Generate new business ideas

Delivering a brief address at the launch, Rector and Vice-Chancellor, Prof Francis Petersen encouraged students to generate new business ideas that would make them job creators at the end of the day. 

“As a university, we should disseminate our output to society through research, education and technology transfer. The Incubator Project is a good initiative and I would like to see it growing so that more students can benefit from a facility such as this,” he said. 
Professor Petersen encouraged the student innovators to engage society so that they can make quality of life better through new knowledge.

“You must continue to incubate ideas and develop them,” he said adding that one of the great things that a university is measured about is the employability of its graduates.

Business ideas awarded 
On the previous day, DRD hosted a pitching competition for the business ideas that students were invited to submit.

Assistant Research Officer and Project Manager, Ayanda Makhanya said they were excited about the outcome of their call to students as they received an overall total of 60 ideas.

“We screened all the inputs and came up with 14 ideas. We will now be working with these students to provide the necessary support,” she said.

The winner in the pitching competition was an LLB student Mannini Setai whose idea was the production of eco-friendly bricks.

The office are located near the UFS Sasol Library and has computers and a big flat screen.

News Archive

UFS again involved in this year's Science Expo
2009-08-21

The annual Science Expo will once again take place at the South Campus (formerly known as the Vista Campus) of the University of the Free State (UFS) in Bloemfontein from 20-22 Augustus 2009.

This is the 25th year that the Faculty of Natural and Agricultural Science at the UFS is involved in the project as one of the main sponsors for the regional competition. This involvement stems from the institution’s endeavour to promote a love for science amongst youth at an early age already. In this way, new thoughts and development are stimulated with regard to science.

The total involvement of the faculty amounts to approximately R25 000, which includes:

  • The sponsoring of prizes and gift hampers for 220 medallists
  • The sponsoring of two floating trophies awarded to the primary and secondary school with the most Gold medals, as well as R1 000 cash for the two winning
    schools as prize money
  • The sponsoring of medals for the best project for Grades 4-7, Grades 8-9 and Grades 10-12
  • The sponsoring of merit bursaries to the value of approximately R1 800 for the
    best project: Grades 10-12 at the Science Expo
  • The sponsoring of a special prize for the best project in Soil Sciences to the
    value of R500
  • The venue is made available for free for the project
  • The sponsoring of other expenses to the value of R10 000

This year approximately 432 participants entered for the Science Project. The best projects will participate in the National Science Expo in Pretoria from 2-3 October 2009, where a group of learners will be selected to go to the International Science Expo.

Media Release
Issued by: Lacea Loader
Deputy Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za
20 August 2009

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