Occupational Skills Programme
New Venture Creation
The New Venture Creation Skills Programme equips learners with the entrepreneurial knowledge and practical skills required to identify a viable business opportunity, develop a business concept, plan a new venture and establish the foundations of a sustainable enterprise.
QCTO Skills Programme IDSP-210401
NQF Level4
Credits30
Duration3 Months
Course Overview
About the Course
The New Venture Creation Skills Programme equips learners with the entrepreneurial knowledge and practical skills required to identify a viable business opportunity, develop a business concept, plan a new venture and establish the foundations of a sustainable enterprise.
The programme is designed for aspiring entrepreneurs, emerging business owners and individuals seeking to develop practical competencies for self-employment and small business development.
Learning Outcomes
What You Will Learn
✓Explain entrepreneurship and the role of entrepreneurs in the economy.
✓Identify and evaluate potential business opportunities.
✓Conduct basic market and competitor research.
✓Define target customers and customer needs.
✓Develop a viable business concept and value proposition.
✓Develop a practical business model.
✓Prepare a business plan for a new venture.
✓Develop basic marketing and sales strategies.
✓Calculate start-up and operating costs.
✓Prepare basic budgets and cash-flow projections.
✓Identify operational and resource requirements.
✓Identify business risks and appropriate controls.
✓Understand basic legal and regulatory requirements.
✓Plan the establishment and launch of a new venture.
Curriculum
Course Curriculum
Knowledge Component
- KM-01: Entrepreneurship and New Venture Creation
- KM-02: Business Opportunity Identification and Evaluation
- KM-03: Market and Customer Analysis
- KM-04: Business Models and Business Planning
- KM-05: Marketing and Sales for a New Venture
- KM-06: Financial Planning and Business Finance
- KM-07: Business Operations, Compliance and Risk
Practical Skills Component
- PM-01: Identify and evaluate a business opportunity
- PM-02: Conduct basic market and competitor research
- PM-03: Develop a business concept and value proposition
- PM-04: Develop a business model
- PM-05: Prepare a marketing and sales plan
- PM-06: Prepare start-up budgets and financial projections
- PM-07: Develop an operational plan for the venture
- PM-08: Compile and present a business plan
Interested in This Course?
Speak to our team about entry requirements, upcoming intakes and the application process.
Programme Delivery
How the Programme Works
01
Entrepreneurship
02
Theory Opportunity Identification
03
Market Research
04
Business Model
05
Financial Planning
06
Business Plan
07
Venture Presentation
08
Assessment
Who Should Attend?
Who This Course Is For
Aspiring Entrepreneurs
Start-up Founders
Emerging Business Owners
Youth Entrepreneurs
Unemployed Individuals Seeking Self-Employment
SMME Owners
Informal Business Operators
Employees Planning to Start Businesses
Community Enterprise Participants
Career Opportunities
Where This Course Can Take You
Entrepreneur
Small Business Owner
Start-up Founder
Self-Employed Professional
SMME Operator
Independent Service Provider
E-commerce Entrepreneur
Social Entrepreneur
Franchise Operator
Business Development Entrepreneur
Ready to Get Started?
Speak to our team for more information about admissions, upcoming intakes and the application process.