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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

New modern dissection hall ensures optimal learning experience for medical students
2015-12-14

New Dissection Hall in the Francois Retief Building on the Bloemfontein Campus.
Photo: Stephen Collett

The School of Medicine in the Faculty of Health Sciences at the university opened its doors on 6 June 1969. Three years later, a dissection hall for anatomy training was added to the school. This year, because of the prospective growth in the number of medical students as well as in changing methods of teaching and training, a new modern Dissection Hall has been completed on the Bloemfontein Campus. This ensures that students receive an optimal learning experience during dissection tuition.

The Dissection Hall was built as a double-storey wing to the existing Francois Retief Building. Covering 733m², the new facility is on the first floor - the same level as the existing hall - to allow easy access between the two facilities. The ground floor, totalling 465m², houses various offices for 16 people.

The new hall has special lighting and modern equipment for the training of second-year medical students in dissection. The hall also has high-quality sound and computer equipment. A unique camera system allows students to follow dissection demonstrations on 10 screens in the hall. Dissection demonstrations are recorded, enabling lecturers to compile new visual aid material for teaching and learning.

The dissection programme for medical students is of critical importance, not only for acquiring anatomical knowledge, but also for developing critical skills in medical students.

The new hall is also used for clinical workshops and postgraduate teaching seminars, as well as workshops in orthopaedics (shoulder, hip, and knee), otorhinolaryngology, cardiothoracic surgery (valve and endoscopy), and anaesthesiology, among others.

Both present and future generations of medical students will benefit from this new world-class facility.

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