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02 July 2019 | Story Eloise Calitz | Photo Keagan Nkwaira
Entrepreneurship Intravarsity
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


News Archive

Information session: New company legislation
2007-03-06

The Department of Trade and Industry, in co-operation with the Centre for Business Law, Faculty of Law, University of the Free State, will present an information session on the Draft Companies Bill, 2007, in the C R Swart Auditorium, Main Campus of the UFS, from 10:00 – 13:00 on Thursday, 8 March 2007.

There will be ample opportunity for public participation and translation services will be available.

The Companies Bill, 2007, which envisages the repeal of the Companies Act of 1973, and the eventual repeal of the Close Corporations Act, 1984, has just been released for public comment with a view to expeditious finalization. This information session is therefore of the utmost importance for members of the auditors and accounting professions, legal professions, local and provincial government officials, the financial services and financial planning professions, banks and insurance companies, etc., who would like to stay abreast of the envisaged new legal developments in the field of Company Law and / or Close Corporations Law and / or to make inputs thereto.

The information session is open to the public and attendance is free of charge. Booking is essential and can be made with Mrs Riekie Erasmus (051) 4012451 (8:00 – 12:45) or Mrs Ina Malan (051) 4012319 (14:00 – 16:30).
 

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