National Certificate In New Venture Creation

Learnerships

SAQA ID : 49468
NQF Level: 2
No of Credits: 138

Course Introduction

The NQF level 2 Certificate in New Venture Creation qualification provides a qualification that can form the basis for structured programmes for potential and existing entrepreneurs to capitalise on opportunities to start and grow sustainable businesses that form part of the mainstream economy, enabling the learners to tender for business opportunities within both the public and private sectors.

Qualification ID: 49468

NQF Level: 2

No of Credits: 138

This qualification is designed for learners who intend to set up or have already set up own ventures. Assessment of the competencies and knowledge in the qualification needs to be done in the context of the learner’s own new venture.

Research has indicated that people working with their own new ventures at this level need the following competencies:

  • Acquisition of an entrepreneurial profile which includes an innovation orientation
  • An understanding of the industry/ sector in which they wish to establish a new venture
  • An ability to match new venture opportunities to market needs within a chosen industry/ sector
  • An ability to determine and manage the financial requirements of a new venture
  • An ability to match new venture opportunities to market needs
  • An ability to compile and utilise a business plan to manage a new venture and also where relevant, to seek funding for a new venture.

The small business sector is growing and it is in light of this that various stakeholders have taken the initiative to provide mentorship programmes that will assist budding entrepreneurs to become a more integral part of the mainstream economy, serving both the public and private sectors. Apart from the formative development that can take place via these programmes, it also provides more importantly for sustainable development.

By the end of this programme, the learners will be able to:

  • Develop appropriate skills and knowledge for the establishment and development of an enterprise.
  • Address the economic/ administrative and behavioural barriers that contribute to failures in starting and sustaining an enterprise.
  • Create long-term solutions for job creation and SMME development via the building blocks and structure of a qualification that practically addresses the learning requirements of budding entrepreneurs.

R 22 400.00 per candidate

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