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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

Dean of Health Sciences receives prestigious international fellowship
2015-11-11



Dean of the Faculty of Health Science,
Prof Gert van Zyl

The Dean of our Faculty of Health Science, Prof Gert van Zyl, was admitted as an Inaugural Fellow of the Association for Medical Education in Europe (AMEE) at the annual conference in Glasgow.

This fellowship recognises members of AMEE who have demonstrated a consistent commitment to excellence in health professional education through scholarly contributions to the field over at least five years. Prof Van Zyl was honored with a Fellowship for his senior role related to education at the UFS, including his scholarly contributions. “This was an enormous privilege for me to be awarded the AMEE full Fellowship as one of only two South Africans to receive this honour from a prestigious organisation such as the AMEE. It also gives credit to the excellent work done by the team in the South African Association of Health Educationalists (SAAHE), and the Health Science Education team in the Faculty of Health Sciences at the UFS. All the leadership, hard work, and excellence over many years are acknowledged with this Fellowship. My appreciation to colleagues that motivated and inspired me during my academic journey to achieve this fellowship,” says Prof Van Zyl.

In seeking Fellowship of AMEE, applicants make a commitment to continue their leadership and the promotion of scholarship in health professional education into the future, as well as to the ongoing mentorship and development of more junior members who aspire to recognition at Associate Fellow or Fellow level. Fellows are expected to contribute actively to AMEE activities.

Prof Van Zyl was also recently appointed by the Minister of Health, Dr Aaron Motsoaledi, as Council Member representing Higher Education on the Health Professions Council of South Africa (HPCSA).

 

 

 

 

 

 

 

 

 

 

 

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