Latest News Archive

Please select Category, Year, and then Month to display items

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

Mandela Day Vryfees concert aims to impress

2014-07-15

This year we celebrate Mandela Day with musical flair at the Vryfees. Well-known artists will give freely of their time and talent as part of their 67 minutes to help raise funds for the University of the Free State’s (UFS) No Student Hungry programme (NSH).

The UFS NSH Mandela Day Tribute Concert boasts artists such as Mathys Roets, Navi Redd, Corneil Muller, 3 x A Lady, Jacobus Silver and the 2014 Stage Door winners, the Akasia Ser Group. Performances ranging from the warm acoustic guitar and vocals of Mathys Roets, to the energetic a cappella medley of Navi Redd, promise to captivate and entertain the audience.

Angelo Mockie and Tonderai Chiyindiko, renowned for their excellent directing in numerous productions, are proud supporters of the NSH programme and hereby invite you to celebrate one of our country's most inspiring icons while helping us help our students. All of the concert proceeds will be donated to the NSH programme.

The NSH programme was initiated in 2011 by Prof Jonathan Jansen, Vice-Chancellor and Rector of the University of the Free State, and Rudi Buys, Dean of Student Affairs. The bursary is awarded on the basis of financial need, good academic performance, active participation in student life programmes and a commitment to serving the community.

Buy your tickets at Computicket or at the Vryfees ticket office on the Bloemfontein Campus.

UFS NSH Mandela Day Tribute Concert
Date: 19 July 2014
Venue: Odeion, Bloemfontein Campus
Time: 15:00
Cost: R110

Back

Economic and Management Sciences

Education

Health Sciences

The Humanities

Law

Natural and Agricultural Sciences

Theology and Religion

Open Distance Learning

Business School

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept