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New Venture Creation

5 Day Accredited Programme

SP-210401, NQF Level 2, Credits 32

Dates: Available on Request

Locations: Johannesburg, South Africa

Platform: Available In-Class / Online

Price: Available on Request

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Programme Introduction

This New Venture Creation skills programme is designed for potential and existing entrepreneurs to capitalise on opportunities to start and grow sustainable businesses that form part of the mainstream economy. It aims to equip individuals with the skills necessary to run a small business successfully. Those who complete this program will gain the ability to initiate, oversee, expand, and maintain a small enterprise within both the public and private sectors.

Entry Requirements:

Grade 9

Who should attend?

Individuals who aspire to launch a new enterprise and those aiming to enhance, solidify, and grow their current small businesses.

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.

Programme Content

Knowledge component

  • Entrepreneurship

  • Self-awareness

  • Industry knowledge

  • Recognizing market opportunities

  • Creativity and originality

  • Client satisfaction

  • Financial and cash management

  • Fundamental business financial records

  • Determining product and service prices

  • Promotional strategies

  • Specific, Measurable, Achievable, Relevant, and Time-bound objectives

  • Strategic business development

Application component

  • Foundational financial computations.

  • Marketing Initiative:

  • Promotional campaign planning.

  • Customer Support:

  • Client assistance and service.

Assessment

Ongoing Evaluation:

Every subject includes integrated multiple-choice queries for internal formative evaluations. Achieving a passing grade on the formative assessment is necessary to progress to the subsequent subject. Assessments can be administered manually or through e-assessment.

 

Monitored Evaluation:

Participants must create a project plan showcasing comprehension of all covered modules. This plan will double as a business strategy for either launching a new business venture or expanding an existing micro-enterprise. Assessments can be conducted manually or through e-assessment.

 

In addition to successfully completing the Programmes listed above, a Final Integrated Summative Assessment (FISA) is required for the Qualification.

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