Clinic business

The Wits Entrepreneurship Clinic looks to the future of business

Gugu Mhlungu talks to Wits Entrepreneurship Clinic Project Manager Dr. Robert Venter.

Gugu Mhlungu talks to Wits Entrepreneurship Clinic Project Manager Dr. Robert Venter.

Wits University launched the Entrepreneurship Clinic to develop budding entrepreneurs. Venter described the clinic as a force for change and turnaround as it tackles key challenges facing South African society, which will develop and mentor aspiring entrepreneurs through the process of building successful businesses. .

The youth population in sub-Saharan Africa is expected to double to over 830 million by 2050, providing unprecedented opportunities for entrepreneurship and innovation.

The Wits Entrepreneurship Clinic, based at the Wits School of Business Science, is one of 24 projects in Africa that have successfully secured funding from the inaugural Innovation for African Universities (IAU) programme.

Young entrepreneurs are one of the country’s best hopes for solving the jobs crisis. However, according to the latest Global Entrepreneurship Monitor report, South Africa’s total entrepreneurial activity is below the average of other economies with GDP per capita below $20,000, and one of the reasons is that the Entrepreneurship as a career trajectory has historically received little support in academia. level.

Robert Venter, Wits Entrepreneurship Clinic

The Wits Entrepreneurship Clinic aims to strengthen the role of universities in the entrepreneurship ecosystem to enable young entrepreneurs to become the future job creators and drivers of economic development in Africa.

Robert Venter, Wits Entrepreneurship Clinic

Listen to the full interview below.


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