NWU and The Innovation Hub cultivate future entrepreneurs

The Indigenous Knowledge Systems Centre (IKSC) at the North-West University (NWU) and The Innovation Hub Management Company, a subsidiary of the Gauteng Growth and Development Agency, recently organised a five-day CoachLab® workshop to empower third-year, fourth-year and postgraduate students in the IKSC.

CoachLab® is a skills development programme that is managed by The Innovation Hub in collaboration with industry partners, government and academia.
This particular workshop was aimed at providing these students with essential business, financial, marketing and leadership skills.

It encompassed two distinct phases. The first phase took place from 6 to 12 July 2024 and entailed six modules delivered by experienced business mentors, and group assignments. The second phase took place from 16 to 20 September, and students had to refine and submit business plans for Biotech or IKS-based innovations. These business plans will then be assessed, with the winning entries to be announced on 30 October 2024. The winners will then attend the Investment Summit that will take place later this year.

Dr Lele Moroole, a senior lecturer and postgraduate studies coordinator, emphasised the value of the programme. “Taking into account that not all students will pursue traditional employment or the academia, the programme equips them with essential entrepreneurship skills.”

Dr Phuti Chelopo-Mgobozi from The Innovation Hub expressed admiration for the student's attendance and dedication. "It is inspiring to witness such a strong turnout among the students, demonstrating their genuine interest in entrepreneurship. We eagerly anticipate reviewing their business plans."

Mammone Tang, representing the National Department of Science and Innovation, expressed her enthusiasm regarding the active involvement of various universities in this programme.

This group of students from the NWU’s Indigenous Knowledge Systems Centre participated in The Innovation Hub’s skills development programme.

Submitted on Thu, 09/26/2024 - 08:35