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02 July 2019
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Story Eloise Calitz
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Photo Keagan Nkwaira
Audience members listening attentively to the presentations at the Entrepreneurship Inter-varsity on the Bloemfontein Campus.
The UFS continuously creates opportunities for students to develop and explore platforms where they can showcase their talents and share their innovative concepts. In the light of this, it is important for the institution to become a preferred academic knowledge partner that can conceptualise, develop, and successfully commercialise research activities, and through this foster an innovative and entrepreneurial culture that aligns to its Integrated Transformation Plan.
This is why opportunities such as the Entrepreneurship Intervarsity Competition are so important, since it encourages students to demonstrate their entrepreneurial talent, and through this connect with investors and industry leaders to start up a business.
The competition
Student entrepreneurs across the 26 public universities in South Africa were invited to submit their innovative ideas as part of a competition supported by Entrepreneurship Development in Higher Education (EDHE), in collaboration with the Allan Gray Orbis Foundation. The opportunities created through this initiative are twofold:
1. For student entrepreneurs to present their innovative ideas and businesses.
2. For universities to demonstrate their entrepreneurial talent and the ways in which they support and grow the next generation of business leaders.
The competition takes place in five stages. The process started with each student submitting their short videos and applications on the official competition site. Each institution also had the opportunity to select student entrepreneurs to take part in the competition. Fifteen students pitched their ideas during internal rounds at the UFS on 30 May 2019. Of these students, four were selected to represent the UFS at the regional rounds of the Entrepreneurship Intervarsity, where the finalists will be chosen.
The students were judged in four categories:
• Category 1: Innovative Ideas
• Category 2: Tech Businesses (existing businesses, formal or informal, undergrad or postgrad)
• Category 3: Social Impact Businesses (existing businesses, formal or informal, undergrad or postgrad)
• Category 4: General (existing businesses, formal or informal, undergrad or postgrad)
The following UFS entrants were selected to take part in the regional finals:
• Christopher Rothman for his liquid yeast culture that can be used in the fermentation of beer.
• Driaan-Lou Kemp for his patented water-saving device.
• Grace Mthembu for her electricity-saving system.
• Martin Clarke for his idea to use drone technology for the mining industry
UFS appoints new head for Research Commercialisation and Business Development
2009-02-27
The University of the Free State (UFS) has appointed Dr Glen Taylor (pictured) as the new head of the Office for Research Commercialisation and Business Development.
The purpose of this new office is to optimize the commercialization of innovation and intellectual property at the UFS.
According to Dr Taylor, the core function of this office is to establish a sustainable third stream of income from intellectual property in order to diversify the funding base of the University. In essence, the office is responsible for the facilitation of technology transfer.
Aside from the normal aspects associated with technology transfer, such as innovation disclosure, intellectual property protection (patenting) and licensing, a rather broader approach of transferring knowledge to a user in society will also be sought.
“It is evident that the funding environment has changed significantly due to a shift in priorities from public funded agencies, which have impacted hugely on tertiary education,” said Dr Taylor. “Furthermore, due to the changes in the state funding of universities, there is more pressure on these institutions to become financially self-sufficient.”
“So in the light of these challenges, universities as generators of knowledge have a fundamental role to play in the knowledge society, and through the process of innovation and intellectual property development there must be value to the institutions and the individuals.”
Dr Taylor is the former Head of the Department of Agricultural Management and manager of research, technology and innovation activities on the George Campus of the Nelson Mandela Metropolitan University.
The Office for Research Commercialisation and Business Development was established at the beginning of 2009.
26 February 2009