National Certificate: New Venture Creation (SMME)

National Certificate: New Venture Creation (SMME)

 

SAQA QUAL ID: 49648 | NQF Level: 02 | Total Credits: 138

 

Overview: This qualification forms the foundation for structured programs aimed at entrepreneurs looking to start or expand their businesses. It focuses on creating sustainable enterprises that contribute to the mainstream economy.

 

Target Audience:

• Potential and existing entrepreneurs

 

Entry Requirements:

• Communication and Mathematical Literacy at NQF Level 1

 

Exit Level Outcomes:

• Use basic mathematics in new venture functions.

• Apply basic communication skills in a business context.

• Determine market requirements and manage operations.

• Understand the sector or industry relevant to the business.

• Manage financial resources for a new venture.

• Oversee business operations effectively.

 

Assessment and Certification:

• Competence is assessed through a Portfolio of Evidence (PoE).

• Certificate of Competence issued by SERVICES-SETA upon completion.