The Enterprise Innovation and Incubation Centre has been awarded £100,000 by the British Council to implement a sustainable inclusive industry-linked enterprise innovation and incubation technopreneurship infrastructure to develop graduates to be enterprise creators and/or grow to be employable in a quickly altering world setting.
The British Council of South Africa not too long ago hosted a welcome reception and networking occasion for its sponsored Innovation for Africa Universities’ (IAU) initiatives for the South Africa IAU community companions at in Johannesburg. The Centre for Enterprise Innovation and Incubation (BIIC) within the College of Enterprise and Administration Sciences is among the 9 South African IAU community companions that have been invited to the occasion.
The occasion was opened by the British Excessive Commissioner to South Africa, H.E. Antony Phillipson. The occasion was attended by the Challenge Chief and founding father of BIIC, Rev Dr Michael Twum-Darko, and the newly-appointed Supervisor of CPUT’s Strategic Initiatives and Partnership (SIP) Directorate, Dr Tasmeera Singh.
A brief presentation of the CPUT undertaking was given. The occasion was additionally a chance for British and Commonwealth Alumni to attach with fellow IAU community companions in South Africa and to study extra concerning the British Council-sponsored initiatives. The CPUT undertaking companions are Manchester Metropolitan College because the UK College accomplice and Cape City-based Snake Nation because the ecosystem accomplice.
“The underlying precept of the undertaking is that not all those that have good enterprise concepts are good entrepreneurs and never all glorious entrepreneurs have good enterprise concepts,” says Darko. “ Nevertheless, the simulator helps everybody on it to refine the enterprise concept to the purpose of manufacturing a sustainable enterprise mannequin and plan that can attract enterprise capital to incubate to grow to be the ‘Subsequent Large Factor’ to create new jobs or enhance current ones to create employment alternatives.” He provides that though not all of the 100 (BIIC} college students could provide you with sustainable enterprise fashions and plans that can stand up to the disruptive nature of economies, they are going to grow to be entrepreneurs who’re extremely wanted by corporations. “The success of the undertaking will likely be replicated throughout African universities, south of the Sahara,” intimates Darko.