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27 December 2019
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Story Dr Cindé Greyling
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Photo Supplied
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.
Achievement for Accounting students
2013-05-08
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Infront: Richard Yang (2013 Academic Clerk), Raymond Cramer (2013 Academic Clerk), Me Jana Lamprecht (Lecture), Prof RonellBritz (Chairperson: Centre for Accounting), Me LizelleBruwer (Lecture), Prof HendriKroukamp (Dean: Faculty of Economic and Management Science), ThembiKganane (2013 Academic Clerk). Back: Prof CobusRossouw (Lecture), Mr KobusSwanepoel (Lecture), Prof Hentie van Wyk (Program Director: Centre for Accounting) and Robert Bode (2013 Academic Clerk) 08 May 2013 |
The B Acc Honours students of the Centre for Accounting have done very well in the Initial Test of Competence (ITC) examination of the South African Institute of Chartered Accountants (SAICA), when 60 out of 65 students passed. It represents a pass rate of 92%. The overall average pass rate nationally is 74% and 86% for those who wrote the professional examination for the first time.
The Centre for Accounting achieved an average pas s rate of 81% over the last three years. Up till now it is the largest number of UFS students that passed the professional examination in one year. The highest pass rate was achieved in 2008 when 95% of the UFS students passed.