National Certificate: New Venture Creation NQF 2 (SMME)
Online Certification by
Training Force (Pty) Ltd
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Purpose : The purpose of the NQF level 2 New Venture Creation qualification is to provide 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.
Thus the design and establishment of an entrepreneurship qualification aims 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. In this qualification the credits are allocated as follows:
• Fundamental : 36 credits : 27%.
• Core : 70 credits : 50%.
• Electives : 32 credits : 23%.
Entry Criteria
• Communication and Mathematical Literacy at NQF Level 1.
Skills Outlines
• Use basic Mathematics in order to fulfill new venture functions effectively.
• Apply basic Communication skills in 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.
Thus the design and establishment of an entrepreneurship qualification aims 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. In this qualification the credits are allocated as follows:
• Fundamental : 36 credits : 27%.
• Core : 70 credits : 50%.
• Electives : 32 credits : 23%.
Entry Criteria
• Communication and Mathematical Literacy at NQF Level 1.
Skills Outlines
• Use basic Mathematics in order to fulfill new venture functions effectively.
• Apply basic Communication skills in 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.
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Training Force is a member of Workforce Holdings Training & Consulting Cluster. We are a registered training provider focused on delivering industry and jobspecific skills assessments and training interventions to businesses and their employees across a variety of industries. Since our establishment in 2003, we have provided service to
over 3 500 companies with training interventions and upskilled over 200 000 workers through our branches accross South Africa. By delivering practical training solutions, we help businesses secure a more productive workforce. All our learnerships are aligned with SAQA (South African Qualifications Authority), the National Qualifications Framework (NQF) and accredited with SETA Quality Assurance departments.
over 3 500 companies with training interventions and upskilled over 200 000 workers through our branches accross South Africa. By delivering practical training solutions, we help businesses secure a more productive workforce. All our learnerships are aligned with SAQA (South African Qualifications Authority), the National Qualifications Framework (NQF) and accredited with SETA Quality Assurance departments.
