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03 October 2024 | Story Ansie Barnard | Photo Supplied
Amrut Foundation 2024
From left to right: Londeka Mkhwanazi, Semither Mkhize, Salima van Schalkwyk, Slindokuhle Ndlovu, Asanda Mpinga, Mantombi Molefe, Ntombinkulu Khumalo, Mosebjadi Chauke and Thembinkosi Mkhwanazi.

The Amrut Foundation, in partnership with the University of the Free State (UFS), successfully hosted its Inaugural Innovathon at the UFS Qwaqwa Campus. This competition is designed to identify and support innovative products and services that not only generate profit but also contribute to the public good, with a strong emphasis on ethical business practices. Through this collaboration, students gain national exposure for their businesses and receive support to create sustainable social enterprises.

Five teams of student social entrepreneurs from the Qwaqwa campus were shortlisted to participate in the regional finals. Their selection was based on ventures that adhered to a social entrepreneurship model and demonstrated plans for long-term profitability and sustainability.

During the Innovathon, a panel of judges from the UFS, the Amrut Foundation, and the Small Enterprise Development Agency (SEDA) selected two outstanding teams to represent the UFS at the national finals, which will take place in October. The winning ventures, Biofly-Pro and Root Rescue were each awarded R20,000 to further develop and expand their initiatives.

Hemang Desai, Executive Director of the Amrut Foundation, expressed his enthusiasm for the event: "Amrut is proud to co-host the Free State leg of the inaugural Innovation Challenge with the UFS. Supporting students with entrepreneurial ambitions that align with societal care is one of our key focus areas."

Dr Grey Magaiza, Senior Lecturer and Deputy Director for the Centre for Gender and Africa Studies at the UFS, highlighted the importance of social entrepreneurship: “Social entrepreneurship is a collaborative effort towards creating sustainable and ethical business processes. The two winning projects embody these principles, and we look forward to their continued growth. In line with our Vision 130, social entrepreneurship can serve as a critical lever for university-community engagement.”

Congratulations to Biofly-Pro and Root Rescue on their well-deserved achievements! 

News Archive

Academic appointed as Visiting Professor in the USA
2009-02-03

 

The Director of Research Development and Professor at the Centre for Sustainable Agriculture and Rural Development at the University of the Free State (UFS), Prof. Frans Swanepoel (pictured), has been appointed as Visiting Professor at Cornell University, New York, USA. He has just completed a five-month appointment as a Fulbright Professor at Cornell University. He and Cornell colleagues are collaborating on an initiative to revise agricultural education curricula in Africa, supported by the WK Kellogg and Bill and Melinda Gates Foundations. They are also working on a book, The Role of Livestock in Developing Communities: Enhancing Multifunctionality, to be published in June this year. He has also investigated best practice and latest developments in research management and innovation at a number of US universities and delivered the main paper by invitation at a workshop on Research Management at Emerging Institutions at the Society for Research Administrators’ Annual Conference in Washington DC in October last year. Cornell is the only Ivy League University in the USA with a College of Agriculture and Life Sciences.
Photo: Supplied

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