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. Assessment of the competencies and knowledge
in the qualification needs to be done in the context of the learner's own new
venture.
Research has indicated that people working with their own
new ventures at this level need the following competencies:
Acquisition of an entrepreneurial profile which includes an
innovation orientation
An understanding of the industry/sector in which they wish
to establish a new venture
An ability to match new venture opportunities to market
needs within a chosen industry/sector
An ability to determine and manage the financial
requirements of a new venture
An ability to match new venture opportunities to market
needs
An ability to compile and utilise a business plan to manage
a new venture and also where relevant, to seek funding for a new venture
Once you have completed this qualification you will be able
to:
1.Use basic Mathematics in order to fulfill new venture functions effectively.
2.Apply basic communication skills in a new venture creation context.
3.Determine market requirements and manage the relevant marketing and selling processes.
4.Demonstrate an understanding of the sector/industry in which the business operates.
5.Determine financial requirements and manage financial resources of a new venture.
6.Manage business operations.
The following courses are covered in this qualification:
1.Mathematical Literacy
2.Communication Literacy
3.Marketing Requirements
4.Financial Requirements
5.Business Sector and Industry
6.Business Operations
To enter this qualification you will require the following:
1.Stable Internet Connection
2.Printer and Scanner
3.Minimum of 3 hours per week for studying
4.A quiet place where you can study
5.Communication NQF 1 or equivalent
6.Mathematical Literacy NQF 1 or equivalent.
- Entrepreneur
- Business Managers
- Business Owners
Future Performance Training