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12 December 2022 | Story Kekeletso Takang | Photo Supplied
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

Supplementum analyses the San origin of South African place names
2013-09-25

 

At the launch were, from the left: Prof Lucius Botes (Dean: Faculty of the Humanities), Christine van Deventer (SUN MeDIA), Prof Peter Raper (author), Prof Theodorus du Plessis (Head of Department: Linguistics and Language Practice), and Prof Dirk van den Berg (outgoing editor).
Photo: Jerry Mokoroane
25 September 2013

The Acta Academica Supplementum 2012 (2), under the outgoing editorship of Prof Dirk van den Berg, was launched on 16 September 2013. The author, Prof Peter Raper, is one of the leading place-name experts in South Africa. The Supplementum analyses the San origin of South African place names whereby different layers of language contact are exposed. For example, Dipodi (previously Jakkalsdraai), is an adaptation of the original San name. The first ‘di’ is the added Sotho preposition. ‘Po’ is equal to the San word ‘po’ (jackal) and the last ‘di’ equal to ‘/gi’ (to bend). Prof Raper’s research indicates that many place names carry evidence of various language shifts. By analysing these language layers, different phases of language contact are exposed. This research is instrumental in the preservation of a unique aspect of the South African cultural heritage.

Prof Raper is since 2011 Honorary Professor: Linguistics, in the Department of Language Management and Language Practice at the University of the Free State. He is one of South Africa’s leading toponymists. The fourth edition of the New Dictionary of Southern African Place Names, with Dr Lucie Möller and Prof Theodorus du Plessis as co-editors, is currently in the press. He is a member of the Commission for Toponymy of the International Geographical Union, as well as the Working Group for Toponymy of the International Cartographic Association, of which there are only ten members worldwide, and a member of the Editorial Advisory Board for the journal Names.

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