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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!
Student Bursary Fund Campaign launched: #FundAFuture and make a difference
2016-04-25
“The single most important investment any country can make is in its people.” – National Development Plan 2030
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Student Bursary Fund Campaign booklet (pdf)
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South Africa’s National Development Plan states that universities play a key role in developing our nation. The cost of higher education, though, hinders most of our youth from transcending their circumstances.
In order to help increase the amount of lives transformed through higher education, the University of the Free State (UFS) launched the nation-wide Student Bursary Fund Campaign on Thursday 3 March 2016 in Cape Town.
“I believe the best way to break the cycle of poverty in South African families is to ensure that talented first-generation students gain access to high-quality university degree training,” says Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS.
Student Bursary Fund Campaign
The campaign aims to raise R100 m to fund talented, deserving students who do not have the financial means to obtain a university degree.
“Championing the Student Bursary Fund Campaign,” Prof Jansen says,“is not only a professional quest, but a deeply personal one for me. The university and I cannot do this alone, though. We need your support and generosity to change the landscape of our youth’s future.”
Your support is crucial
Can your contribution make a difference in a country – a world – filled with need? The answer resonates in the life of each student that has obtained a degree by means of funding.
The impact of your financial support reaches far beyond its monetary value. It pulls families from poverty. It sends forth experts and visionaries into the world. It sets in motion a culture of giving.
It irrevocably changes the futures of individuals, of communities, and ultimately of our country.
Contributions
Each contribution will bring us closer to our goal of R100 m.
Contributions can be deposited into the following account:
ABSA
Account number: 157 085 0721
Branch code: 632 005
Branch name: Business Bank - Bloemfontein
Swift code: ABSAZAJJ
For enquiries or further information:
T: +27(0)51 401 3966 | E: FundAFuture@ufs.ac.za | www.ufs.ac.za