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01 June 2023
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Story Nicole Bongo
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Photo Supplied
University of the Free State students participating in one of the many projects coordinated by the Engaged Scholarship Office.
To help make a change and push for sustainable development, the University of the Free State Division of Student Affairs works with communities around Bloemfontein fostering a culture of creating sustainable solutions.
Gernus Terblanche, Kovsie Support Services and Assistant Researcher in the Division says, ‘it is important for the university to be actively involved in the community as it makes up such a large portion of the Bloemfontein and students also
represent many different communities on and off- campus.’
Terblanche said: “As an educational institution it is vital for the UFS to support and guide students towards creating innovative solutions; both local and globally. Our experience is that students often come up with real solutions that can
make a real impact in the lives of real people – and it would be crucial to support such initiatives.”
The office has worked with BloemShelter, VermiVillage, GAP Equip, National Hospital and as part of the programmes of 2022 also with Lighuis, Talita Cumi, ROC Kids and the Universitas Neighborhood association. “We are also very fortunate to have,
Shanen Emam, Miss Free State 2023 as one of our students that are involved with our programmes,” added Terblanche.
One of the students involved is Prince Sijane, Bloemfontein Campus Student Representative Council member responsible for Civic and Social Responsibility when asked why student participation is important, he said, “By actively participating in
initiatives that address social issues or promote community well-being, students become more aware of the challenges faced by society.”
Tereblanche said: “The produce of these gardens addresses hunger and malnutrition amongst students on campus. KovsieACT also facilitates an eco-vehicle project during which student teams learn how to build electric vehicles powered by solar charging
stations. This project is aimed at developing skills appropriate to the 4th Industrial Revolution and sustainable resources development including clean and green energy.”
UFS and BMF present a crash course on Financial Literacy for Young Entrepreneurs
2017-08-23
Starting a business, big or small, can be a really difficult task – especially if you are not equipped with the basic business knowledge to help you kick-start this project.
For this reason, the University of the Free State (UFS), in collaboration with the Black Management Forum (BMF), held a Financial Literacy Workshop for Young Entrepreneurs on the Bloemfontein Campus early last week to assist in this regard.
Young entrepreneurs equipped with business knowledge for start-ups
The purpose of the workshop, which was presented by Francois Marais and Eduard Loots from Riskflow, was to equip young entrepreneurs with knowledge and skills to assist them in the business world. The main focus was on training start-up businesses to prepare business plans, and training was given to researchers, developers, and innovators on how to commercialise their inventions.
Ansie Barnard, Senior Officer in the UFS Business School, says since the involvement of the school in entrepreneurship development over the past few years, they came to the realisation that many of these new businesses tend to fail within a year because they do not have a suitable financial model.
“This is the reason why we utilised Riskflow Financial Modelling Software, since it does all the accounting calculations on their behalf,” says Barnard.
Introduction to basic business banking
In addition to this, the participants were introduced to the basics of business banking, with Standard Bank and the Industrial Development Corporation (IDC) as the guest presenters providing them with this information.
BMF’s Rozanne Brown says that many of these young entrepreneurs have the desire to succeed in business; therefore there is a need for this type of workshop.
BMF and the UFS Business School will look into hosting more entrepreneurial workshops in the future,” says Brown. All attendees of the workshop will receive certificates for their participation.