The Durban University of Technology’s Technology Transfer and Innovations (TTI) unit recently hosted the National Treasury South Africa Road show job fund at the DUT Ritson Campus.

The job fund was established by the National Treasury in June 2011 with the aim of supporting innovative initiatives and approaches to job creation.

The job fund aims to stimulate good ideas, risk-taking and investment to discover new ways of working where the costs and risks may be unknown and where the pro-poor impact principally in the form of sustainable job creation may be significantly larger than with conventional approaches.

“The primary  mandate of  the  Jobs  Funds is  to support  initiatives  that pilot  innovative  approaches  to employment creation, create 150 000 new jobs , learn  from these innovative models and build a knowledge  base that can be used to contribute toward evidenced based policy making,” said Sean  Scott, Jobs Funds Project Manager.

-Mxolisi Ntanzi

Pictured: DUT TTI staff, entrepreneurs and national Treasury Department employees at the presentation.