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🌟 Welcome to New Venture Creation (SP 210401) – NQF Level 2
You are now enrolled in a QCTO-accredited Skills Programme that equips you with the knowledge and skills to start, manage, and sustain a small business. By the end, you’ll complete a Business Plan Project that can serve as a blueprint for your venture.
📘 About This Programme
The New Venture Creation Skills Programme (SP 210401) is a 32-credit, NQF Level 2 programme accredited by the Quality Council for Trades and Occupations (QCTO). It prepares you to operate and grow a business by combining theory, practice, and compliance requirements.
This programme was developed to support youth and community entrepreneurs in starting and expanding small businesses, especially in township and rural contexts.
📂 What You Will Gain Knowledge & Skills In
Through 12 structured lessons and applied projects, you will build knowledge and skills in:
- Being an Entrepreneur – understanding resilience, ethics, and entrepreneurial mindset.
- Knowing Yourself – self-awareness, strengths, and values for business success.
- Knowing Your Industry – gathering and analysing information on your sector.
- Identifying Market Opportunities – researching demand and spotting viable opportunities.
- Innovation – applying creativity to create business innovations.
- Customer Service – building strong client relationships and service standards.
- Financial & Cash Flow Management – planning, controlling, and managing money.
- Basic Business Financial Statements – preparing budgets, income statements, and balance sheets.
- Pricing of Goods & Services – performing calculations and setting sustainable prices.
- Marketing – planning campaigns and carrying out a marketing project.
- SMART Goals – setting realistic goals and aligning them to business growth.
- Business Planning – developing and presenting a full business plan.
Applied skills projects include: calculations & pricing exercises, basic bookkeeping, customer service application, and a marketing project.
📝 How You’ll Be Assessed
Your progress is evaluated in three ways:
- Continuous Assessment – short quizzes after each topic (you must pass before moving on).
- Formative Assessment Activities – applied projects such as pricing calculations, basic bookkeeping, marketing, and customer service exercises.
- Summative Assessment – a supervised Business Plan Project that integrates all modules and serves as both your final exam and a working business plan for your venture.
All assessments follow QCTO requirements and contribute towards your achievement of the 32 credits for this skills programme.
📥 Course Material
You can download your official Learner Guide below:
📘 Download New Venture Creation Learner Guide (SP-210401)🚀 Career Pathways & Opportunities
The purpose of this Skills Programme is to prepare you to operate a small business. On completion, you will be able to:
- Start, manage, grow and sustain a small business.
- Gather and analyse information for an industry.
- Determine market requirements relevant for marketing and selling goods and services.
- Determine financial, human and infrastructure requirements.
- Manage financial, human and infrastructure resources of a business.
- Plan for the establishment of business.
- Organise and conduct business activities.
🎓 Articulation Options
Credits earned in this programme can be transferred towards the National Certificate: New Venture Creation (SMME), NQF Level 2 (SAQA Qual ID: 49648).
💼 What Can You Become?
- Entrepreneur / Small Business Owner
- Learning & Development Practitioner
- Training and Development Practitioner
- Training Manager
- Business Consultant / Business Development Manager
- Innovation Manager
- Social Entrepreneur
- Startup Investor
🌍 Where Can You Work?
With this skills programme, you can pursue opportunities in a variety of sectors and industries, including:
- Startups and Small/Medium-sized Enterprises (SMEs)
- Business Incubators and Accelerators
- Consulting Firms and Entrepreneurship Development Programmes
- Corporate Innovation Departments
- Social Enterprises and Investment Firms
- Education and Training sector (Training Coordinator, Facilitator, Operations Manager, Training Manager, RPL Practitioner)
- Independent roles such as Small Business Consultant, Content Developer, or Motivational Speaker
📚 Where Can You Enrol?
This programme is offered through QCTO-accredited Skills Development Providers. You can also continue your learning journey with our other accredited courses such as Workplace Essential Skills and Conflict Management.
📈 Career & Business Benefits
- Gain the confidence and ability to start and sustain a business.
- Meet compliance requirements with CIPC, SARS, VAT, UIF, and labour law.
- Avoid common pitfalls such as poor cash flow and weak pricing.
- Develop a professional business plan ready for investors or funders.
- Position yourself for career growth in business, consulting, training, or entrepreneurship.
🚀 Start Your Journey
Your first lesson is Being an Entrepreneur. Click below to begin.
Start Lesson 1 – Being an Entrepreneur