CUT Offers Entrepreneurs A chance To Develop Their Skills

CUT Offers Entrepreneurs A chance To Develop Their Skills. The Central University of Technology (CUT) has unveiled a groundbreaking initiative, the CUT Entrepreneurship Development Unit (CUT-EDU), aiming to empower both new and seasoned entrepreneurs. Officially launched on Friday, 3 June 2023, the unit introduces a spectrum of post-graduate studies, including MPhil in Coursework or Research, up to a doctoral level in entrepreneurship management, and monitoring and evaluation for the 2024 academic year.

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Promoting Economic Transformation

The establishment of the CUT Entrepreneurship Development Unit marks a significant milestone, not only for the university and its participants but also for the province. It aligns with the province’s objectives of promoting wealth creation and equitable distribution for economic transformation.

Prof. Alfred Ngowi, the acting Vice-Chancellor and Principal of CUT, emphasized the importance of government support in driving innovative solutions that benefit communities. The collaboration with entities such as the banking sector, Mangaung Chamber of Commerce and Industry, Black Management Forum, Free State Legislature, and Provincial Government underscores the unit’s potential to drive entrepreneurship education in the province.

Keynote Address by MEC Makalo Mohale

MEC Makalo Mohale of the Free State Department of Economic, Small Business Development, Tourism & Environmental Affairs (DESTEA) commended CUT for its efforts in knowledge and human capital development. He highlighted the centre’s role in advancing the university’s Vision 2030 and its potential to enhance innovation and entrepreneurship education in the country.

Empowering Entrepreneurs

The programmes offered by CUT-EDU aim to equip participants with the skills needed to start, grow businesses, and achieve self-reliance. They also aim to produce entrepreneurship consultants, educators, scholars, and legislators. The Faculty of Management Sciences boasts renowned entrepreneurship experts with extensive research portfolios and teaching experience, poised to impart their knowledge to aspiring and existing entrepreneurs.

Prof. Albert Strydom, Dean of the Faculty of Management Sciences, expressed his hope that CUT-EDU would evolve into an entrepreneurial hub, supporting the growth of the Free State’s economy. He emphasized the university’s commitment to contributing to job creation and economic development.

Future Prospects

In addition to offering long-term programmes, CUT-EDU will provide short learning programmes, especially targeting young people and women. These programmes will focus on using innovative education and technology in entrepreneurship and other socio-economic development-related fields, emphasizing entrepreneurial scholarship, theory, and applications.

Conclusion

The launch of the CUT Entrepreneurship Development Unit signifies a new era of entrepreneurial excellence and economic empowerment. As it forges ahead, it is poised to become a beacon for aspiring entrepreneurs in the Free State and beyond, driving innovation and fostering sustainable economic growth