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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

UFS student wins National SAICA Competition
2009-08-03

 
Photo: Lacea Loader


“Rapid urbanisation, HIV/Aids, climate change risks, and a lack of environmental awareness; are we anywhere near a sustainable development? The answer is no, but this doesn’t mean that we are far from it. All that it will take to get us on the right track is individuals and organisations asking themselves, ‘What am I responsible for?’ and taking the appropriate action, or else we won’t be able to answer to our children and their children.”

This is an excerpt from an essay written by Likeleli Mphutlane, a third-year student in B. Accounting at the University of the Free State (UFS). The essay won her the first place in an essay competition on sustainability. She was one of 137 students across the country that submitted an essay as part of the South African Institute of Chartered Accounting’s (SAICA) National Student Leadership Summit. The essay secured her a place as one of 24 students to attend the summit in Johannesburg on 25 July 2009 where she was named the winner of the competition.

The prize was a brand-new Dell laptop, which will assist her with her studies. The 20-year-old Likeleli, a student from Welwitchia Residence, who was also amongst the top 14 students in the university’s Matriculant of the Year Competition in 2006, lives in Lesotho.
 

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