Studying a qualification in new venture creation is vital for aspiring entrepreneurs who aim to drive economic growth and innovation. This qualification provides the foundational knowledge and practical skills needed to successfully launch and manage new business ventures. It covers essential aspects such as business planning, financial management, marketing, and strategic decision-making. By equipping individuals with the tools to navigate the challenges of entrepreneurship, this qualification fosters a culture of innovation and resilience, empowering graduates to create sustainable businesses that contribute to job creation and economic development in South Africa.

Qualification specifications

SAQA ID#:          66249

NQF level:            4

Credits:                  152

Duration:               12 months

Accreditation body: Services SETA

Communication at NQF Level 3.

Mathematical Literacy at NQF Level 3.

Occupation function

An entrepreneur plays a multifaceted role in the business world, characterized by creativity, innovation, and risk-taking.

The programme is divided into five modules covering the following:

1. Establih a new venture
2. Entrepreneurial skills
3. New Venture Finance
4. New venture Planning and Management
5. Manage a team

The programme consists of:

• Facilitator led online knowledge modules
• Facilitator led online practical modules
• Final Integrated Summative Assessment (exam)

Vertical Articulation

• ID 48886: National Certificate: Business Advising, NQF Level 5.
• ID 48874: National Certificate: Business Consulting Practice (Enterprise Resource Planning), NQF Level 5.
• ID 59201: National Certificate: Generic Management, NQF Level 5.

Email: skills@regenesys.net