New Venture Creation
- NQF level 2
National Certificate – Services SETA
Course details:
NQF Level: 2
Accreditation: SETA
Qualification ID: 49648
Certification: Yes
Credits: 138
Duration: 1 Year
Course purpose
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.
This Recognition of Prior Learning may allow for:
- Accelerated access to further learning at this or higher levels on the NQF
- Gaining of credits for Unit Standards in this Qualification
- Obtaining this Qualification in whole or in part.
Entry requirements
It is assumed that learners are competent in Communication and Mathematical Literacy at NQF Level 1.
Recognition of prior learning
The structure of this Unit Standard based Qualification makes the Recognition of Prior Learning possible. Learner and Assessor will jointly decide on methods to determine prior learning and competence in the knowledge, skills, values and attitudes implicit in the Qualification and the associated Unit Standards. Recognition of Prior Learning will be done by means of an Integrated Assessment.
This Recognition of Prior Learning may allow for:
Accelerated access to further learning at this or higher levels on the NQF
Gaining of credits for Unit Standards in this Qualification
Obtaining this Qualification in whole or in part.
All recognition of Prior Learning is subject to quality assurance by the relevant ETQA or an ETQA that has a Memorandum of Understanding with the relevant ETQA.
Employment opportunities:
Entrepreneur
Small Business Owner
Franchisee
Business Development Consultant
Tender Coordinator
Startup Founder
Self-employed Business Consultant
Micro-enterprise Manager
Business Advisor
Articulation options
This Qualification will articulate vertically with all other qualifications registered within the envisioned learning pathway (currently NQF Levels 2-5). Possibilities for horizontal articulation outside of the Wholesale and Retail environment include (for example) :
National Certificate : Management (ID 23656)
National Certificate : Human Resource Management and Practices Support (ID 20893)
Possibilities for vertical articulation outside of the Wholesale and Retail environment include (for example) :
Certificate : Business Management (ID 36070)
Certificate : General Management (ID 24342)
Related courses:
Qualification breakdown
In this qualification the credits are allocated as follows
Fundamental : 36 credits : 27%
Core : 70 credits : 50%
Electives : 32 credits : 23%
Total : 138 credits : 100%
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