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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

Kovsie’s big break legacy
2013-03-12

 

Zama Sibinda
Photo: Zama Sibinda
08 March 2013


The University of the Free State is proud of Zama Sibinda’s national accomplishment. The BCom Honours student were selected in the top 25 from a list of 2 500 contestants to take part in the “The big break legacy” competition that will be broadcast on SABC. This show aims to start a global revolution of entrepreneurs that will build new enterprises which are innovative, exciting and sustainable and that contributes meaningfully towards the social development of communities.

Zama’s concept is that of a night billboard which can be seen from every angle in a particular city where it will be displayed. The billboard will be reflected towards the sky using a laser hologram projector and it will only work at night. “This billboard would be ideal for specific cities such as Cape Town, Johannesburg, New York and Las Vegas that hardly sleep,” says Zama.

To vote Zama into the top 12 of the competition, please sms “Zama Sibinda” to 33614 (sms rates: R1.50. Ts &Cs apply).The competition lines are open from 8 March till 12 March 2013.

More information: Students can follow Zama on twitter: @Mr Sibinda. They can also like his FACEBOOK page: Zama Sibinba.

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