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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!
President’s advisor commends UFS job creation project
2007-11-07
One of President Thabo Mbeki’s international business advisors, Dr Percy Barnevik, has commended the Mangaung University of the Free State Community Partnership Programme (MUCPP) in Bloemfontein as an example of community-based job-creation efforts.
“I am encouraged with what is going on, but you have to step up the speed dramatically. We don’t want to see 5000 jobs per month, we want to see 25000”, Dr Barnevik emphasized.
The Swedish-born business executive is a member of President Mbeki’s International Investment Council which met this weekend in George. Dr Barnevik is also involved with the Indian charity organisation Hand in Hand in their programmes to eliminate rural poverty.
The University of the Free State (UFS) is involved in the National Programme for the Creation of Small Enterprises and Jobs for the Second Economy as part of the government’s Accelerated and Shared Growth Initiative for South Africa (ASGISA).
As part of government’s job creation efforts, the UFS was appointed as a training provider for small enterprises and community based organisations.
According to the Programme Co-ordinator at the UFS, Dr Aldo Stroebel, the University of the Free State is therefore using the partnership model of MUCPP as a vehicle for training and development as well as a model that can potentially be rolled out nationally to other provinces as part of the programme to create small enterprises and jobs in the second economy.
As a result of the UFS’s involvement, 150 people were trained last year in identifying and mentoring existing self-help groups, small enterprises and community based organisations, to strengthen their ability to establish and grow small enterprises in an effort to create jobs in the Second Economy.
Media Release
Issued by: Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@mail.ufs.ac.za
12 November 2007