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03 October 2024
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Story Ansie Barnard
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Photo Supplied
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!
Students win national Sanlam competition
2009-11-16
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With the big cheque are, from the left: Mr Robert Goff from Sanlam, Jané du Plessis, fourth-year Physiotherapy student; Zenobia Louw, third-year Psychology student; Marissa van Eeden, fourth-year Physiotherapy student; Madelein Markram, M student: Architecture; Conrad Stoffberg, Hons. student: Architecture; Johan Human, fourth-year Physiotherapy student; and Mr Frank Louw from Sanlam.
Photo: Supplied
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A team of students from the University of the Free State (UFS) recently walked away with the laurels when they won R100 000 in the national Creativity for Progress competition of Sanlam. In the competition students had to make plans to lure graduates and trained people who left the rural areas due to the economic situation back to those areas. Students first battled it out at department and faculty level before they faced other universities at national level. The UFS team came from three departments and designed a plan whereby the desolated railway stations in the rural areas could be converted into business centres that would breathe new life into those areas. |