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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

Short course in Applied Conservation Genetics developed at UFS
2014-08-22

 

Photo: en.wikipedia.org

During discussions with stakeholders in Kenya in 2013, a need was identified for training in conservation genetics with an African emphasis. In answer, Prof Paul Grobler from the Department of Genetics developed a short course in Applied Conservation Genetics.

Some of the phenomena studied in this field include:
• hybridisation between species such as blue wildebeest and black wildebeest,
• wildlife poaching and
• potential inbreeding in small game-farm populations.

From the onset, the course has been developed as an international venture. To this end, Dr Frank Zachos from the Natural History Museum in Vienna, Austria, committed himself to the project. Dr Jamie Roberts from the Department of Fish and Wildlife Conservation at Virginia Tech University in the USA also came on board. Both pledged their time and expertise to the course – without any financial gain.

Subsequently, our Department of Genetics presented this short course at the National Zoological Gardens (NZG) in Pretoria earlier this year. The team of presenters included Prof Grobler, Dr Zachos and Dr Roberts. They were joined by Dr Desire Dalton from the Research Division of the NZG, who added valuable practical experience to the presentations.

The course assumes a degree of prior knowledge of population and molecular genetics. A strong emphasis is placed on practical applications. The programme includes a strong component of statistics and hands-on training in the many approaches and software used in population genetics.

The group that attended the course included a contingent from the Namibian Ministry of Environment and Tourism, Dutch postgraduate students currently working at the University of Johannesburg and delegates from across South Africa.

This successful meeting followed an experimental first round of the course presented in Nairobi during 2013, attended by representatives from Kenya, Malawi, Nigeria, Mexico and Belgium.


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