National Certificate: New Venture Creation ( SMME) NQF 2

BUSINESS LEARNERSHIPS

National Certificate: New Venture Creation (SMME)

  • Qualification Title: National Certificate: New Venture Creation (SMME)
  • SAQA Qualification ID: 49648
  • Minimum Credits: 138
  • NQF Level: 2
The purpose of this 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. This qualification is designed for learners who intend to set up or have already set up own ventures.
This qualification is run over 12 months.
  • Communication at NQF Level 1.
  • Mathematical Literacy at NQF Level 1.
This qualification is made up of fundamental, core and elective unit standards and a minimum of 138 credits is required to complete the qualification:
  • Core unit standards totaling 70 credits are compulsory.
  • Fundamental unit standards totaling 36 credits are compulsory.
  • Elective unit standards totaling 32 credits.
Download the Qualification Outline
  • 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
  • Cluster 1 - Literacy ( 20 credits)
  • Cluster 2 - Numeracy ( 16 credits)
  • Cluster 3 - Business Communication ( 9 credits)
  • Cluster 4 - Professional Behaviour ( 11 credits)
  • Cluster 5 - Financing in a New Venture ( 23 credits)
  • Cluster 6 - Business Operations ( 35 credits)
  • Cluster 7 - Marketing in a New Venture Creation ( 20 credits)
  • Cluster 8 - Legislative Requirements ( 5 credits)
Download the Qualification Outline

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