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08 November 2024
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Story Jacky Tshokwe
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Photo Supplied
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.
UFS rewards young entrepreneurs
2007-11-14
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The Unit for Entrepreneurship in the Department of Business Management at the University of the Free State (UFS) presented an entrepreneurship competition for primary and high schools in co-operation with Senwes. Learners had to submit a business plan, which was evaluated by lecturers from the department. Rudo Peens, a Grade 5 learner from Sand du Plessis Primary School, was named the winner in the primary school competition and received prize money to the value of R10 000. In his business idea, Cactus characters, he uses cactus designs in various ways, such as for making key rings. The high school finalists each received R1 500 to implement their business plans. The winner of the high school section will be announced early in 2008 and will receive a study bursary to the value of R100 000 from the UFS. Here are, from the left: Mr André Burger (Manager of Senwes, Bloemfontein), Rudo Peens and Mr Jacques Nel (Lecturer at the UFS Department of Business Management).
Photo: Supplied
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