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08 November 2024
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Story Jacky Tshokwe
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The Kingdom Vision Foundation (KVF) management team took part in the annual Social Impact Innovation Awards organised by the SAB Foundation.
In September, the Kingdom Vision Foundation (KVF) management team took part in the annual Social Impact Innovation Awards, organised by the SAB Foundation. This competition included a three-day workshop, during which participants received mentorship on enhancing their business models to maximise sustainable impact. Participants also crafted a four-minute business pitch, which they delivered to a panel of independent judges from sectors such as business, health, education, and government. At the end of the workshop, winners were chosen based on the impact of their innovation, the strength of their business model, and the likelihood of future success.
On 10 October, the management team attended the Innovation Awards Ceremony, where KVF was honoured with the Development Award worth R700 000. In addition to the grant, KVF will participate in a 15-month business coaching and mentorship programme in 2025, through which the SAB Foundation’s coaching team will support them in expanding and scaling their impact across South Africa.
The funding will enhance both the Kovsie Health and Anchor of Hope eye clinics, which are collaborating with the University of the Free State (UFS) Department of Optometry to provide affordable eye care to thousands of students and community members. The project aims to improve the quality of education for Optometry students, helping them experience the positive change they can drive through social impact. KVF’s vision includes a future at Kovsie Health where every student’s visual needs are met, regardless of financial constraints, and a thriving Anchor of Hope clinic that brings the gift of sight and renewed hope to rural communities around Bloemfontein.
President’s advisor commends UFS job creation project
2007-11-07
One of President Thabo Mbeki’s international business advisors, Dr Percy Barnevik, has commended the Mangaung University of the Free State Community Partnership Programme (MUCPP) in Bloemfontein as an example of community-based job-creation efforts.
“I am encouraged with what is going on, but you have to step up the speed dramatically. We don’t want to see 5000 jobs per month, we want to see 25000”, Dr Barnevik emphasized.
The Swedish-born business executive is a member of President Mbeki’s International Investment Council which met this weekend in George. Dr Barnevik is also involved with the Indian charity organisation Hand in Hand in their programmes to eliminate rural poverty.
The University of the Free State (UFS) is involved in the National Programme for the Creation of Small Enterprises and Jobs for the Second Economy as part of the government’s Accelerated and Shared Growth Initiative for South Africa (ASGISA).
As part of government’s job creation efforts, the UFS was appointed as a training provider for small enterprises and community based organisations.
According to the Programme Co-ordinator at the UFS, Dr Aldo Stroebel, the University of the Free State is therefore using the partnership model of MUCPP as a vehicle for training and development as well as a model that can potentially be rolled out nationally to other provinces as part of the programme to create small enterprises and jobs in the second economy.
As a result of the UFS’s involvement, 150 people were trained last year in identifying and mentoring existing self-help groups, small enterprises and community based organisations, to strengthen their ability to establish and grow small enterprises in an effort to create jobs in the Second Economy.
Media Release
Issued by: Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@mail.ufs.ac.za
12 November 2007