New Venture Creation - F.E.T.C: 66249, NQF L4, 149 Credits

Further Education and Training Certificate: New Venture Creation

SAQA QUAL ID: 66249, NQF Level 4 with 149 Credits

This Qualification can be customized to fit your requirements/schedule

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Platform:
Online
In-class
Services Seta Accredited Training Provider – Prospen Africa
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Course Introduction

The purpose of the New Venture Creation Qualification is to develop the appropriate skills and knowledge required by a person for the establishment and development of a small to medium business venture, and address the economic, administrative, and behavioural (psycho-social) barriers that contribute to success in starting and sustaining the venture.

 

This New Venture Creation qualification is intended for persons who wish to start, operate, manage, and grow a new small to medium business venture. Learners attempting this qualification will be equipped with a variety of technical, business managerial and personal skills and strategies to help them succeed in the creation and sustenance of a business. The successful learner will develop a sound foundation for the application of these skills and knowledge to explore a diverse range of entrepreneurial opportunities.

 

Learners who attend this qualification will be able to:

  • Demonstrate an ability to identify and create a new venture.

  • Demonstrate knowledge of interpersonal skills required in a business environment.

  • Demonstrate an understanding of basic economics within an market economy.

  • Manage a new venture by applying business principles and techniques.

  • Demonstrate an understanding of the role of leadership and management.

Entry Requirements

  • Communication at NQF Level 3.

  • Mathematical Literacy at NQF Level 3.

Course Duration

12 Months Accredited Qualification

Course Objectives

  • Demonstrate an ability to identify and create a new venture.

  • Demonstrate knowledge of interpersonal skills required in a business environment.

  • Demonstrate an understanding of basic economics within a market economy.

  • Manage a new venture by applying business principles and techniques.

  • Demonstrate an understanding of the role of leadership and management.

Who should attend?

This New Venture Creation Qualification will meet the needs of the formal and in-formal Small, Micro and Medium Enterprise Sector by providing training standards against which entrepreneurs can be trained. This Qualification meets the needs of society by, primarily, providing persons who can apply the fairly complex knowledge and skills required to be an entrepreneur and thus contribute to the economic upliftment of themselves, their community and thereby the nation as a whole. Alternatively, this Qualification is also attractive to persons who have not received formal training in this Sector but who are already managing and/or are working as employees within an established Small, Micro and Medium Enterprise business.

Prospen Africa ETDP Seta Qualifications

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.

Modules

  • Module 1: Entrepreneurial Studies

  • Module 2: Strategic Business Communication

  • Module 3: Efficient Tendering Strategies

  • Module 4: Advancing Business Communication

  • Module 5: Analysis Using mathematics

  • Module 6: Strategic Business Finance

  • Module 7: Business Principles

  • Module 8: Fundamentals of Business Legislation & Leadership

Enquire for a detailed overview of the modules

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FAQs – Further Education and Training Certificate: New Venture Creation

Find answers about the Basic First Aid Responder course, including entry requirements, certification, course content, practical skills, and how to register.

What is the FETC: New Venture Creation qualification?
This Further Education and Training Certificate (FETC) equips emerging entrepreneurs and small business managers with foundational business management, financial planning, marketing strategies, and operational skills required to launch and sustain a successful venture.
Who should enroll in the New Venture Creation program?
This program is designed for aspiring entrepreneurs, small business owners, startup founders, project managers, and individuals seeking practical business acumen to successfully establish or scale an enterprise.
What core modules and topics are covered in the course?
The curriculum covers business plan development, financial management and budgeting, market research and marketing execution, legal and regulatory compliance, operational planning, and customer relationship management.
What learning delivery options are available for this qualification?
We offer interactive classroom-based masterclasses, live virtual online sessions, and customized on-site corporate training tailored to enterprise development initiatives and incubator cohorts.
Do delegates receive an accredited certificate upon completion?
Yes. Delegates who successfully complete the required assessments and Portfolio of Evidence (PoE) receive a recognized National Certificate alongside official certification from Prospen Africa.
How can I register or request a detailed course syllabus?
You can register directly online through the course page, download the detailed prospectus, or contact our admissions team via email at info@prospen.co.za or WhatsApp.

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