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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 praised for hosting international research development programme
2013-03-05

 

At the farewell function were, from the left: Dr GansenPillay (deputy executive officer of the NRF), Emile Goofo (Cameroon), his son Tylio in the arms of Prof Nicky Morgan (Vice-Rector: Operations), Avelino Mondhane from Stockholm University (originally from Mozambique) and Prof Neil Heideman (Dean of the Faculty of Natural and Agricultural Sciences).
Photo: Leatitia Pienaar
05 March 2013

“I must congratulate the University of the Free State on doing something like this,” Dr Gansen Pillay said at the farewell function for the participants in the Southern African Young Scientists Summer Programme (SA-YSSP) at the UFS.

The 19 young scientists from 16 countries completed their three-month programme at the end of February 2013. As another step in the process the participants must write articles for reputable journals and complete their doctoral studies. Their performance in the research world will also be tracked.

Dr Pillay, deputy executive officer of the National Research Foundation (NRF), said an investment was made in the researchers to secure the future of the programme. A lot of persuasion and proof was necessary to convince the Austrian Institute for Applied Systems Analysis (IIASA) that a programme of this nature could be presented in Africa.

The SA-YSSP was hosted and managed by the UFS. The programme was developed by the NRF in collaboration with the Department of Science and Technology (DST) and IIASA into a novel and innovative initiative.  The official launch was by the Minister of Science and Technology during November 2011.

The SA-YSSP will be an annual three-month education, academic training and research capacity-building programme. Aligned with the YSSP model, annually presented in Austria, the SA-YSSP offered scientific seminars covering themes in the social and natural sciences, often with policy dimensions, to broaden the participants’ perspectives and strengthen their analytical and modelling skills, further enriching a demanding academic and research programme.

Prof Martin Mtwaeaborwa, SA-YSSP deputy dean, said the academic performance of the young scientists superseded the expectations. “I hope the scholars will look back at the programme as the moment their careers began.”

The added, “The UFS received positive remarks for organising the programme and we hope to get it again in future.”

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