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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

Postgraduate Open Day: Mapping the journey
2016-06-27

Description: Postgraduate Open Day 2016 Tags: Postgraduate Open Day 2016

Prospective postgraduate students listen
attentively at the Postgraduate Open Day
Photo: Charl Devenish

“Whether you are a psychologist, a theologian, an economist, a political scientist, a chemist, or a physician, the purpose of knowledge is to improve the lives of others.”

Prof Jonathan Jansen, Vice-Chancellor and Rector of the University of the Free State (UFS), was speaking at the opening of the Postgraduate Open Day, held on our Bloemfontein Campus on 22 June 2016. In addition, he highlighted these grounds for considering postgraduate studies:

•    To be globally literate and globally mobile
•    To gain the satisfaction of understanding the world more deeply
•    To serve as an inspiration to others to further their studies

Prof Fanie Snyman, Dean of the Faculty of Theology, said, “One of the benefits of postgraduate studies especially is that they enable you to think critically. This capacity helps you to understand society better—even outside your field of expertise.”

Prospective postgraduate students were assisted in selecting a suitable postgraduate degree, as a first step in mapping out their postgraduate journey at the UFS.

Kgosi Makhetha, who is currently studying a degree in Business Administration, agreed with Prof Jansen, saying, “Studying gives me great satisfaction. I truly believe that postgraduate studies will give me an edge in the current labour market.” Kgosi plans to enrol for an Honours degree in Industrial Psychology in the Faculty of Economic and Management Sciences.

Prof Jansen concluded by exhorting students to “study to make a difference.”

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