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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

First Global Leadership Summit brings partner universities to our university
2012-05-17

The University of the Free State (UFS) is gearing up for the Global Leadership Summit when students from universities all over the world will visit the UFS. The summit will take place from Sunday 8 July to Friday 20 July 2012. About 180 staff and students from universities in the United States, Asia and Europe are expected to visit the UFS during these two weeks and eminent scholars and politicians have already confirmed their participation. Among them are Archbishop Emeritus Desmond Tutu, Dr Tim Murithi, Prof. Mark Solms, Fulbright Scholars who were previously tenured at the university, and a number of ambassadors.

Prof. Aldo Stroebel, Director: International Academic Programmes, Office of the Vice-Chancellor, says that our university has increasingly embedded internationalisation in its strategic priorities. The Leadership for Change Programme, jointly hosted by International Affairs and Student Affairs, is a significant step forward in this context. This innovative and unique programme, initiated in 2010, serves as a leadership development programme focused on first-year students. It aims to build layers of new thinking and engagement among students from diverse backgrounds. As part of a year-long engagement, each student spends a period abroad where there is intense exposure to the academic, social, cultural and residential lives of students in other countries. A formal mentor development programme for staff runs concurrently with the initiative.
 
In the 2010 programme, 71 students in various cohorts were placed at nine universities in the USA. Following on the success of this initiative, in 2011, 150 students were hosted at partner universities in the USA, Europe and Japan. The impact of cross-cultural and cross-border experiences on changing and enriching the participants’ minds and attitudes has been manifested in a wide variety of ways at both the UFS and the partner institutions.
 
The Global Leadership Summit, with the theme, “Transcending Boundaries of Global Change Leadership”, is a reciprocal programme of the Leadership for Change initiative. It will focus on international engagements in addressing salient issues around change leadership, diversity and racial reconciliation in Higher Education through critical dialogues between staff and students from all over the world.
 
The programme will be continued during 2013 when 150 students will again be selected for participation and placement abroad.


Media Release
17 May 2012
Issued by: Lacea Loader
Director: Strategic Communication
Tel: +27(0)51 401 2584
Cell: +27(0)83 645 2454
E-mail: news@ufs.ac.za

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