The purpose of the New Venture Creation qualification is to provide a qualification that can form the basis for structured programs for potential and existing entrepreneurs to capitalize 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. 

Introduction to Entrepreneurship 

• Work Ethics in a business environment 

• Identify entrepreneurial ideas for a new venture 

• Conduct a feasibility study 

• Prepare a business plan 

• Determine budgets and other financial requirements of a new venture 

• Customer service management 

• Industry trend analysis (Research) 

• Marketing and Selling processes for a new venture 

• Procurement processes for a new venture 

• Manage finances for a new venture 

Pre-requisites: Fundamental Modules: 

• Basic computer Literacy 

• Basic Mathematical literacy 

• Business writing 

• Communications 

• Problem Solving 

• Managing personal finance 

Elective: 

Every course in New Venture Creation requires an elective to be completed, this 

elective is a case study or practical example in a new business area., some elective 

topics are provided in the course framework document, either one of those topics 

will be chosen or a new topic relevant to the group’s work environment will be 

created.