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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

Don’t sit at home, Graduates take a bow
2014-04-10

 

Pride, joy, gratitude and cheer echoed across our Bloemfontein Campus this week as we celebrated the 2014 Autumn Graduation Ceremony.

These prestigious ceremonies did not belong to the graduates exclusively, though. Their parents, family, friends and academics also received several bows of gratitude for their support.

The guest speakers provided a wealth of wisdom and encouragement to the graduates. Dr Ruda Landman, well-known media personality, advised that “success doesn’t just happen, it is achieved.” Comedian Loyiso Gola told graduates to go out and conquer the world – a message that Lucas Sithole cemented. Sithole, ranking at Nr 2 in wheelchair tennis world wide, said that the only one who could stand in your way is yourself. “Today, you have power in your hands. Try to change the world with that power.” Siyabulela Xuza, South African rocket scientist and Harvard graduate, was a true embodiment of his words, “We are equally capable of achieving global innovation.”

After the conferral of the degrees and certificates, Prof Jonathan Jansen reminded the graduates that their “degree will mean nothing” if they cannot distinguish between what is right and what is wrong as they go into the world. When faced with a difficult situation, “base your decision on what is right and what is wrong, not on the colour of someone’s skin, the way they pray, or the way they choose to love,” he urged.

Dr Khotso Mokhele, Chancellor of the UFS, concluded the proceedings by expressing the spirit of this celebration, “I take a bow to you all.”

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