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27 December 2019 | Story Dr Cindé Greyling | Photo Supplied
When academics and economics meet

KovsieInnovation at the UFS is bridging the gap between industry and academics with a powerful force. For too long, research remained an academic pursuit, with many innovative ideas stuck between the pages of a thesis – only to come alive during exclusive, short-lived conference proceeds.


KovsieInnovation

Recently, Gerard Verhoef, Director in the Directorate: Research Development (DRD), and his team from KovsieInnovation finalised their Innovation and Commercialisation Strategy in order to create a structured pathway for good ideas. The primary objective of KovsieInnovation – the UFS Innovation and Entrepreneurship Office – is to achieve sustainable growth in third-stream income from innovative research activities stemming from the UFS. “Potential successful ideas must be feasible, viable, and sustainable, and we formulated an eight-step plan to facilitate this,” Verhoef explains. Ultimately, the DRD wants to attract new and continuous research as a renowned academic knowledge partner that can foster, drive, and successfully commercialise innovative research activities; and in doing so, foster an entrepreneurial culture at the UFS.


Liquid Culture

One such success story is the development of Liquid Culture into a business of choice, supplying liquid yeast to breweries and bakeries. Christopher Rothmann and Dr Errol Cason are the driving forces behind this company that produces their sought-after and stable yeast product in the Department of Microbiology, Biochemistry and Food Biotechnology at the UFS. With world-class equipment and laboratories, they house one of the largest yeast-culture collections in the world.

Both Rothman and Dr Cason were home brewers for many years before starting to produce commercial batches. They believe it would not have been possible without the help of KovsieInnovation. This project was also one of the finalists in the National Entrepreneurship Intervarsity.


Christo Strydom Nutrition (CSN)

Another innovative way in which the UFS generates third-stream income via the DRD, is by partnering with already successful commercial products. One such example is the recent successful royalty agreement with CSN. With this transaction, the university unlocked its brand potential to the benefit of both the industry partner and the UFS. Quality assurance remains the key success factor for deals like this.

News Archive

Financial planners graduate
2011-06-10

 
Adv. Wessel Oosthuizen, Director of the CFPL, and Gerhard Meyer, Chairperson of the Board of Directors, Financial Planning Institute of Southern Africa.
Photo: Stephen Collett

At this year’s graduation ceremony, the Centre for Financial Planning Law (CFPL) at our university awarded 377 diplomas (305 to students in the Postgraduate Diploma in Financial Planning, and 72 to students in the Advanced Postgraduate Diploma in Financial Planning).

Three students in the Advanced Postgraduate Diploma passed the diploma with distinction. They are David Grant, Stephen Grizic and Yashika Rambujan. Ruan Schroder, Daniel Venter and Adri Viljoen passed the Postgraduate Diploma with distinction. Adri Viljoen is also the overall top student in the Postgraduate Diploma, while David Grant is the overall top student in the Advanced Postgraduate Diploma.
 
During another highlight at this event, Adv. Wessel Oosthuizen, Director of the UFS’s CFPL, was awarded the Chairman's Award for outstanding lifetime contribution to the Financial Planning Industry. This award is made by the Chairman of the Board of Directors of the Financial Planning Institute of Southern Africa to a person who has made a significant and extraordinary contribution to the financial planning industry. As this is only the second year that the award is being made, it is an exceptional honour.
 
For five years, the UFS was the only institution to offer a full qualification in order to become a Certified Financial Planning Professional. The university is still the largest institution in this regard. The Centre for Financial Planning Law (CFPL) at the UFS is also the only institution in South Africa to offer the Advanced Postgraduate Diploma in Financial Planning Law, which is a purely specialisation diploma.
 
To date, the CFPL at our universityhas awarded 3 657 Postgraduate Diplomas and 659 Advanced Postgraduate Diploma in Financial Planning.

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