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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

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Award-winning photographer exhibits ravages of war, 25 May 2016 until 17 June 2016
2016-06-02

Description: Unsettled exibition Tags: Unsettled exibition

The ruins of the Dimbaza Border Industrial Park built
in the 1970s as a source of cheap labour for industrialists
and ostensible employment for Ciskei Homeland citizens.
This industrial zone collapsed after 1994.
Photo: Images courtesy of the Galerie Seippel. 
All images © Cedric Nunn

Cedric Nunn’s latest photographic exhibition, Unsettled: One Hundred Years War of Resistance by Xhosa Against Boer and British, opened on 25 May 2016 at the Johannes Stegmann Art Gallery of University of the Free State, and will run until 17 June 2016. Since 2014, the exhibition has travelled through South Africa and the USA as well as Germany.

The photographer, documentary film-maker, and artist’s photographic journey was launched in the early 1980s in Durban. In 2011, he won the first FNB Joburg Art Fair Award.

Narratives of the victors and the vanquished

Unsettled deals with the nine wars that Xhosa people were subjected to between 1779 and 1879 in their fight against Afrikaner and British colonial settler forces. Nunn’s art seeks to instigate social change, and highlight lesser-seen aspects of society.

The work emanated from his awareness of a notable gap in the telling of this piece of South African history, as well as the fact that, to date, little has been done to memorialise these acts of colonial aggression and Xhosa resistance. He decided to document the land where these struggles took place.

“Through revisiting this painful past in the contemporary scenes of today, this work attempts to place the present in its factual context of dispossession and conquest,” said Nunn.

Unsettled
forms the first component of what will be a trilogy. The next component will address the legacy of colonial dispossession through “bringing ‘the first inhabitants’ back into the picture by giving a select number of self-describing Khoi, Griqua, and San or Bushmen a contemporary face and presence”. The final component will look at slavery.

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