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UFS Business School helps young people become entrepreneurs

12 December 2022 | Story Kekeletso Takang | Photo Supplied

web read more — Through the New Venture Creation Programme, the UFS Business School aims to equip unemployed youth with the skills needed to identify and assess entrepreneurial opportunities, design a basic business model, and write a business plan.

The University of the Free State Business School (UFSBS) recently hosted a New Venture Creation programme aimed at mitigating unemployment among the youth. Through this programme, the UFSBS aims to equip unemployed youth with the skills needed to identify and assess entrepreneurial opportunities, design a basic business model, and write a business plan.

The unemployment rate in South Africa was 33,9% in the second quarter of 2022, with youth remaining particularly vulnerable in the labour market. The New Venture Creation programme, funded by the Education, Training and Development Practices Sector Education and Training Authority (ETDPSETA), provides the opportunity for 100 unemployed youth in the Northern Cape and 100 unemployed youth in the North West to be part of the programme.

In addition to the UFSBS, the ETDPSETA has also partnered with the Office of the Premier in the Northern Cape, the Sol Plaatje Municipality, and the Department of Social Development. These partners assisted with the identification and recruitment of participants in order to ensure the right people were included in the programme.

“For me, the programme was informative and practical,” said Paseka Tlali, one of the top achievers taking part in the New Venture Creation programme. “It allowed me to learn about developing a business plan. Since completion, I have registered a business focusing on media consultancy. Through my business I can educate others on the importance of developing a personal brand.”

David Gool, another participant from the Northern Cape, said, “I have now become a social media ambassador working with Herbalife as their brand ambassador, thanks to the programme.”

Participants were taken on a practical journey to identify an idea and turn it into a profitable small business. Not only were they taught about new venture creation, but they were also taken on a journey to understand themselves better. The four-month programme saw participants go from attending classes to presenting their business plans to a panel that was also referred to as “The Circle of Elders”. This panel consisted of the ETDPSETA, the UFSBS, the National Youth Development Agency (NYDA) and the Small Enterprise Development Agency (SEDA). They provided each participant with practical feedback and guidance on how to make their planned venture a reality.

The New Venture Creation programme includes the following study units: Entrepreneurship Journey, Marketing Plan, Operations Plan, Business Model, and Business Plan Framework, among others.

Graduation ceremonies were held at the completion of the programme in De Aar and Kimberley, sponsored by Standard Bank.

Read up on more programmes offered by the UFS Business School here

News Archive

Faculty of Theology hosts conference on theology and science

2010-03-25

At the conference were, from the left: Prof. Rian Venter, Department of Systematic Theology at the UFS and organiser of the conference; Prof. Isabel Phiri, University of KwaZulu-Natal; Prof. André van Niekerk, Stellenbosch University; Prof. Francois Tolmie, Dean of the Faculty of Theology at the UFS; and Prof. Wentzel van Huyssteen, Princeton, USA.
Photo: Leonie Bolleurs

The Faculty of Theology at the University of the Free State (UFS) presented an interdisciplinary conference with the theme faith, religion and the public university this week.

The conference was preceded by a public lecture: Human Uniqueness? In Search of the Image of God by Prof. Wentzel van Huyssteen of Princeton in the United States of America (USA). In his lecture he asks: What makes humans different from animals? He also discusses the statement: Is there something that science can teach theologians and something that theologians can teach science?

In his lecture Prof. van Huyssteen refers to the prehistoric paintings in, among others, Spain, France and also Mossel Bay in South Africa. According to him these rock paintings shed some interesting light on the nature of humankind. “It seems as if there is a possible religious connotation to these paintings. Among others it becomes clear that man has the ability to ask deeper questions about his existence,” said Prof. van Huyssteen.

This find of prehistoric paintings is also an example of an interdisciplinary search for answers to the question: What makes man different from other species?

The rock art also shows that man sees himself as part of nature. “Being the image of God” has also to do with an awareness of nature and man’s special task therein as image bearer of God,” said Prof. van Huyssteen.

These are interesting perspectives given by other sciences on the nature of man. From the theology the perspective of “man created to the image of God” is added. At this occasion speakers from different disciplines such as law, physics, sociology, philosophy and theology participated in the discussion about the position of religion at a public university.

Other main speakers at this occasion were Prof. Isabel Phiri from the University of KwaZulu-Natal and Prof. Anton van Niekerk from Stellenbosch University.

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