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19 May 2021
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Story Dr Nitha Ramnath
The University of the Free State (UFS), Standard Bank, and the
Mangaung Chamber of Commerce and Industry (MCCI) are pleased to invite you to a special lunchtime webinar with
Mr Allon Raiz, CEO of
Raizcorp, one of South Africa’s most successful business incubators.
The COVID-19 crisis has affected the operations, cash flow, and debt positions of most businesses, often threatening the sustainability and even the survival of businesses.
Join us for a discussion on how to think about business models that will ensure the survival and even the growth of business in the time of COVID-19.
Date: Thursday, 10 June 2021
Topic: Resilience and business in the time of COVID-19
Time: 12:00-13:30
Platform: Zoom
RSVP to:
Alicia Pienaar
by 7 June 2021
Office of Technology Transfer receives multimillion rand grant
2016-01-15

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The university’s Office of Technology Transfer (OTT) received multimillion rand funding for the office to provide much needed support for academia to have their ideas and research effectively turned into business ventures.
This grant of over R4 million by the National Intellectual Property Management Office (NIPMO), under the auspices of the Department of Science and Technology, will help the OTT to provide an enabling environment for cooperation between academia and industry to transform innovation emanating from research and development at the UFS into business ventures.
“Research and innovation plays a prominent role in the financial sustainability of an institution, in that it has the capacity to be the largest generator of third-steam income,” says Gerhard Verhoef, Director: Contracts and Innovation at the Directorate Research Development at the UFS.
“The OTT is a very new office and this grant, provided over three years, will help us fulfil our mandate.”
NIPMO aims to ensure that recipients of funding from a government funding agency assess, record and report on the benefit to society of IP emanating from publicly-financed research and development. Recipients must protect IP emanating from publicly-financed research and development from appropriation and ensure that it is available to the people of South Africa. A recipient must identify commercialisation opportunities for IP emanating from publicly-financed research and development.