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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

SA one of the leading countries for female researchers
2014-10-28

South Africa is one of the leading countries for female researchers, with women constituting about 40% of the research field, says Minister of Science and Technology, Naledi Pandor.

The Minister made these comments during the Public Lecture of the Faculty of Education on our Bloemfontein Campus on Friday evening 24 October 2014. Minister Pandor urged female students to seize the opportunities in science and technology that has been made available to them since 1994.

"Forty percent of South Africa's researchers are women. Of the 40 000 researchers in universities, science councils and business shown by our latest research and development survey records, nearly half are women. That makes South Africa one of the leading countries for female researchers," said the Minister.

Minister Pandor said that the rights and status of women in South Africa had been greatly advanced since South Africa became a constitutional democracy. "It is well known that better educated women are better for a country's social and economic development," she added.

Minister Pandor pointed out that research skills were some of the most sought-after skills in the world, and encouraged women graduates to start dominating in the research and laboratory fields, where men continue to reign supreme.

"Knowledge and innovation, rather than capital and labour, are the drivers of economic growth in all countries. The current affluence of high-income countries has been massively increased by their investment in science and new technologies."


Full lecture

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