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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

Full accreditation for MBA programme
2004-12-01

The University of the Free State (UFS) this week received full accreditation for its MBA-programme from the Council on Higher Education (CHE). The accreditation was granted after the programme was conditionally accredited earlier this year.

“The full accreditation serves as proof that the key elements of a good teaching programme are in place. After the programme received conditional accreditation, a few areas were addressed and a progress report was submitted to the CHE. This was followed by a site visit by a delegation from the CHE. We are happy about the successful outcome of the accreditation process,” said Prof Helena van Zyl, Director of the UFS’s School of Management.

“In the initial evaluation done by the CHE it was already mentioned that the UFS’s MBA-programme clearly and significantly contributes to students’ knowledge and skills, is relevant for the workplace and appropriately resourced. Now we can build on the further extension of the quality of the programme,” said Prof van Zyl.

“We welcome the CHE’s accreditation process. It confirms and protects the integrity of the group of high quality MBA-programmes in South Africa,” said Prof Frederick Fourie, Rector and Vice-Chancellor of the UFS.

The UFS’s online MBA-programme will only be evaluated next year because the CHE is still in the process of developing criteria for the on-line programmes of tertiary institutions.

Media release
Issued by: Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za
7 December 2004

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