New Venture Creation NQF 4

Further Education and Training Certificate: New Venture Creation

Field: Business, Commerce, and Management Studies

NQF Level: 4

Minimum Credits: 149

Delivery Mode:  Face-to-face, Online, and/or Blended

Purpose:

The purpose of this qualification is to equip individuals with the necessary skills and knowledge to establish, manage, and grow a small to medium business venture. It addresses economic, administrative, and behavioral barriers to success in entrepreneurship.

Rationale:

Meets the needs of the Small, Micro and Medium Enterprise Sector

Contributes to economic upliftment and development

Provides a foundation for further learning and growth

Target audience

Unemployed persons who have been identified and selected as having the potential to create a new business venture.

Exit Level Outcomes

Demonstrate an ability to identify and create a new venture.

Demonstrate knowledge of interpersonal skills required in a business environment.

Demonstrate an understanding of basic economics within a market economy.

Manage a new venture by applying business principles and techniques.

Demonstrate an understanding of the role of leadership and management.