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14 November 2024 | Story André Damons | Photo André Damons
Khoebo Innovation Promotion Programme launch 2024
Staff members from the Directorate Research Development (DRD) at the University of the Free State; Palesa Mgaga, second from right, Tebogo Machethe, centre, and Charelise van Staden, second from right, were thanked for hosting the launch of the Khoebo Innovation Promotion Programme. They are pictured with colleagues from the IDC’s Samkelisiwe Mtsewu, left, and Thato Mogopodi, far right.

The University of the Free State (UFS), represented by the Directorate Research Development (DRD), played host to the Department of Trade Industry and Competition (dtic) and the Industrial Development Corporation (IDC) for the launch of its Khoebo Innovation Promotion Programme (KIPP).

The launch took place on 5 November in the Sasol Library on the Bloemfontein Campus. Tebogo Machethe, Director: Research Contracts and Innovation at the DRD, said its role was to expose the university researchers to different opportunities and programmes for funding from the IDC and the dtic. It also allowed the researchers to engage potential funders in order to understand what funders look for in a project when considering funding it.

“The aim of IDC KIPP is to assist local entrepreneurs and small to medium enterprises with commercialisation funding. The KIPP offers capital and business support to SMMEs during the early stages of commercialisation with particular emphasis on township and rural entrepreneurs,” said Machethe.

Address uneven distribution of economic development

KIPP is a dtic programme but is managed by the IDC and aims to enable early-stage innovative SMEs to penetrate the market with their locally developed innovations, resulting in a more competitive economic environment and thereby facilitating economic growth in the economy.

According to Machethe, who welcomed the guests, participants and presenters to the launch, some of the funding is geared towards the development of university innovations. Though the focus was on the KIPP launch, he continued, the discussions also encompassed other forms of funding that are available and more geared towards the university innovation.

His address was centred around the university's Vision 130 and how it supports innovation and the entire innovation ecosystem, which seeks to shift the emphasis to research impact, embracing both knowledge and societal impact. Vision 130 identifies the need for a greater focus on collaborative research, research that can attract large-scale funding in niche areas where the university is seen as a national and global leader.

Samkelisiwe Mtsewu, KIPP Account Manager at the IDC, said the programme was introduced to address the uneven distribution of economic development across the country. She said with its capacity, the KIPP programme can contribute to addressing the uneven distribution of economic development. 

News Archive

Business breakfast nurtures key partnerships
2014-09-05

 

Dr Reuel Khoza

In growing and nurturing key projects and initiatives, the university hosted more than fifty partners and alumni at a business breakfast in Sandton, Johannesburg on 27 August 2014. The occasion was conceived by Institutional Advancement in collaboration with the Office of the Vice-Chancellor and Rector.

Discussions focused on the central role which institutional partnerships play in growing the university’s capacity to extend its reach in supporting schools and growing technologically-based educational tools for disadvantaged communities around the Free State and the country at large.

In his remarks, Prof Jansen thanked partners for their continued support and for joining hands with the university in supporting key projects and initiatives that have improved the level of education in the Free State, provided skills development and nurtured young leaders.

The guest of honour Dr Reuel Khoza, non-Executive Chairman of Nedbank and co-host Dr Marcus Ingram, Director of Institutional Advancement, discussed the role of meaningful leadership in the African context and social and political structures that are instrumental in developing future leaders. As stated simply but powerfully by Dr Khoza, “If not us, then who?”

In attendance were heads of corporations, key role players in partner organisations and NGOs, alumni and Corporate Social Investment specialists from leading financial institutions. 
 

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