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National Certificate: New Venture Creation (SMME): SAQA ID 49648, NQF L2

12 Months Accredited Training

Unit Standard: 49648, NQF Level 2 with 138 Credits

Dates: Available on Request

Locations: Prospen Africa Conference Venue

Platform: Available In-Class

Price: Available on Request

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Course Introduction

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. 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.


Entry Requirements:

  • Communication at NQF level 3

  • Mathematical Literacy at NQF level 3

  • Computer Literacy at NQF Level 3

  • Grade 12 as an Advantage for CAT purposes

Course Objectives

  • 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.

Who should attend?

It is assumed that learners are competent in Communication and Mathematical Literacy at NQF Level 1.

Training methodology

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.


  • Module 1: Business Communication

  • Module 2: Professional Conduct

  • Module 3: Financing New Ventures

  • Module 4: Managing Business Operations

  • Module 5: Cultivating Innovation and Creativity

  • Module 6: Resource Management

  • Module 7: Utilizing Information Technology

  • Module 8: Marketing Strategy

  • Module 9: Understanding Legislation

  • Module 10: Fundamentals of Communication Skills

  • Module 11: Fundamentals of Mathematics Skills

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