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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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Two OSM students selected for KZN Philharmonic Youth Concerto Festival
2016-06-13

Description: Ketumile Moleleki designs KovsieGear  Tags: Ketumile Moleleki designs KovsieGear
Kamu Magou has been an occasional
studies student in violin performance
for the last four years at the Odeion
School of Music.
Photo: Supplied
Two students from the Odeion School of Music (OSM) at the University of the Free State have been selected as soloists to be part of the KwaZulu-Natal Philharmonic Orchestra National Youth Concerto Festival.

The cellist Chris van Zyl and violinist Kamu Magou will be part of the festival taking place on 29 September 2016 in the Durban City Hall. The KZN Philharmonic presents the festival annually, with the aim of providing gifted young musicians an opportunity to rehearse and perform with a professional orchestra. The orchestra will be conducted by Lykele Temmingh.

Cricketer playing cello since age of six

Chris, who is under the tutelage of Prof Anmari van der Westhuizen from the Odeion String Quartet, is a first-year student at the OSM. He will perform Tchaikovsky’s Pezzo capriccioso, Op. 62, for cello and orchestra.

He started playing the cello at the age of six, under the tutelage of Michael Haller, a respected cello pedagogue and cellist of the then Odeion String Quartet.

Although a gifted musician, he also loves cricket, and, as a youngster, his mother had to bribe him by bowling plastic cricket balls in the lounge in exchange for five minutes of cello playing.

Violin student in residence in Amsterdam

Kamu has been studying violin under Sharon de Kock from the Odeion String Quartet, her violin lecturer at the OSM, since high school. She has been an occasional studies student in violin performance for the last four years.

Kamu, who is pursuing a BCom degree at Unisa, was in residence for a week recently at the acclaimed Royal Concertgebouw Orchestra in Amsterdam. She and the Bloemfontein double bassist, Siyolise Nyondo, were part of an initiative by the South African Youth Orchestra Foundation.

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