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.