Short course online

Purpose of this Qualification

A New Venture Creation Qualification is a comprehensive educational program that focuses on fostering entrepreneurship and equipping students or participants with the capabilities to initiate, develop, and successfully manage new business ventures. The program encompasses a wide range of topics and skills, including business planning, innovation, marketing, financial management, and entrepreneurial leadership

Module 1: Work Orientation

Apply basic business ethics in a work environment

Behave in a professional manner in a business environment

Demonstrate knowledge and understanding of HIV/AIDS in a workplace, and its effects on a business sub-sector, own organisation, and a specific workplace

Module 2: Communication

Access and use information from texts

Maintain and adapt oral communication

Use language and communication in occupational learning programmes

Write for a defined context

Module 3: Mathematical Literacy

Apply basic knowledge of statistics and probability to influence the use of data and procedures in order to investigate life related problems

Demonstrate understanding of rational and irrational numbers and number systems

Identify, describe, compare, classify, explore shape and motion in 2-and 3- dimensional shapes in different contexts

Use mathematics to investigate and monitor the financial aspects of personal and community life

Work with a range of patterns and functions and solve problems

Module 4: Management of a New Venture

Manage business operations

Administer contracts for a selected new venture

Module 5: Finances of a New Venture

Determine financial requirements of a new venture

Identify the composition of a selected new venture’s industry/sect procurement systems

Manage finances for a new venture

Produce a business plan for a new venture

Prepare and process documents for financial and banking processes

Module 6: Marketing and Sales

Apply the basic skills of customer service

Identify and demonstrate entrepreneurial ideas and opportunities

Manage marketing and selling processes of a new venture

Match new venture opportunity to market needs

Co-ordinate meetings, minor events, and travel arrangements

Monitor and control the receiving and satisfaction of visitors

Tender for business or work in a selected new


Duration: 12 Months

Delivery: Classroom/Online/Blended


Grade10/Computer Literacy


Possible careers on completion

Qualifying learners could follow a career in:


Business owners

Senior Managers

Managing Directors

Divisional Heads

Exit level Outcomes

On achieving this qualification, the learner will be able to:

Use basic mathematics in order to fulfil new venture functions effectively

Apply basic communication skills in a new venture creation context

Determine market requirements and manage the relevant marketing and selling processes

Demonstrate an understanding of the sector/industry in which the business operates

Determine financial requirements and manage financial resources of a new venture

Manage business operations


National Certificate: New Venture Creation (SMME)

SAQA ID: 49648 | NQF LEVEL: 2 | CREDITS: 138

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