NQF Level 02 – Credits 138

About This Qualification

The purpose of the NQF level 2 New Venture Creation qualification is to provide a qualification that can form the basis for structured programs 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. 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.

Learning Outcomes

Thus, the design and establishment of an entrepreneurship qualification aims to: 

1. Develop appropriate skills and knowledge for the establishment and development of an enterprise. 
2. Address the economic/administrative and behavioural barriers that contribute to failures in starting and sustaining an enterprise. 
3. 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.

Modules

1. NVC49648-01 Numeracy in Small Businesses

2. NVC49648-02 Small Businesses Communication

3. NVC49648-03 Small Marketing Management

4. NVC49648-04 Business Sector & Industry

5. NVC49648-05 Small Businesses Financial Management 

6. NVC49648-06 Small Business Operations Management

Entry Requirements

It is assumed that learners are competent in Communication and Mathematical Literacy at NQF Level 1.

Career Opportunities

1. Business Owner

2. Business Manager and Director

3. Potential Business Men and Women

• National Certificate – New Venture Creation

NQF Level 02 – Credits 138

• FETC – Generic Management

NQF Level 04 – Credits 150

• National Certificate – Quality Management System

NQF Level 05 – Credits 120

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