Transformation Competition to Unleash your Creativity for Progress
 The
Transformation Officer in the Faculty of Commerce Dr Ingrid Tufvesson would like
to invite Commerce students and staff to the launch of an exciting competition
sponsored by Sanlam.
The exodus of skilled and educated workers from rural areas poses a serious
threat to the social and economic vitality of rural South Africa and Sanlam has
responded by asking students around the country to find creative solutions to
retain skilled and educated people in rural areas.
This is Sanlam’s second Inter-university Creativity for Progress Competition
where students from tertiary academic institutions countrywide are given the
chance to devise innovative solutions for the sustainable development and
transformation of our country. Sanlam is offering up to R1 million for the most
innovate projects and/or business proposals in line with this theme.
"Sanlam believes that investing in time, skills and money to improve the
quality of life for all South Africans is the right thing to do. It means relief
of poverty through an investment in the very community we form part of," says
Frank Louw, sponsorship manager at Sanlam.
To participate in the competition, student teams of at least four members -
in collaboration with their faculties, have to present a project or business
proposal with viable solutions to enhance this economic stagnation.
Applications to participate opened on 16 March and close on 4 May. Students
may enter on-line via
http://www.sanlam.co.za/creativityforprogress.
Once business proposals have been submitted, the competition will run over
three rounds. The first round will take place between the faculties of the same
university to determine the winning faculty per university. The university and
the Sanlam team assigned to each university will primarily be responsible for
selecting the campus winner.
In the second round, the inter-faculty or campus winners will compete on a
national level, where a panel of judges will determine the winners. Four
semi-finalist teams will be selected.
In the final round, the team leaders of the semi-finalists will compete on a
national level to determine the winning faculty and student team. Teams will be
assessed on their business proposals, as well as the presentation of these
proposals to a panel of judges.
The winning faculty will receive R150 000 and the winning student group will
receive R100 000.
In the inter-faculty stages, the winning student group per university as well
as the winning faculty or university will receive R10 000 apiece.
At the semi-finalist stage, the three runner-up faculties will receive R50
000 each and the runner-up student groups R30 000 each.
Winning proposals will be presented to municipalities across the country and
will be encouraged to implement them.
Please RSVP to Carolyn McGibbon if you wish to attend the launch.
Venue: African Studies Gallery
Date: 2 April
Time: 12.45 - 13.45
RSVP
Carolyn.McGibbon@uct.ac.za
Posted 30/03/2009 by
Carolyn McGibbon
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