New Venture Creation Programme


Full Qualification including Business Development and Consulting Services

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We focus to a large extent on Entrepreneurial Development through our unique New Venture Creation (NVC) Programme which is based on SETA accredited Unit Standards.

The NVC Programme is available on NQF Level 2 or NQF Level 4 and is structured in such a way that it assists learners in completing an Accelerated Qualification with the support of Business Development and Consulting Services to assist entrepreneurs in starting and growing profitably-sustainable businesses.

If you’ve ever thought of starting your own business but have never taken the next step towards making it happen, or have and failed, then this course is for you!

Course Modules

Module 1: Innovation and Creativity

Identify and demonstrate entrepreneurial ideas and opportunities
Match new venture opportunity to market needs

Module 2: Financing in a New Venture

Determine financial requirements of a new venture
Manage finances for a new venture
Process numerical and text data in a business environment
Prepare and process documents for financial and banking processes

Module 3: Business Operations

Identify the composition of a selected new venture’s industry/sector and its procurement systems
Manage business operations
Produce a business plan for a new venture
Administer contracts for a selected new venture
Assemble, install and dismantle exhibition stands

Module 4: Marketing Management

Manage marketing and selling processes of a new venture
Keep informed about current affairs related to one’s own industry
Tender for business or work in a selected new venture

Module 5: Business Communication

Apply the basic skills of customer service
Co-ordinate meetings, minor events and travel arrangements
Monitor and control the receiving and satisfaction of visitors
Plan and prepare meeting communications

Module 6: Business Ethics

Apply basic business ethics in a work environment
Behave in a professional manner in a business environment
Apply knowledge of self and team in order to develop a plan to enhance team performance
Demonstrate knowledge and understanding of HIV/AIDS in a workplace, and its effects on a business sub-sector, own organisation and a specific workplace

Module 7: Compliance

Apply health and safety to a work area
Outline the legal environment of a selected industry
Plan, monitor and control an information system in a business environment

Why study the New Venture Creation Qualification?

The full NVC Programme is run over a period of 6 months with the first 3 months focused on working through the course material and developing business plans and the next 3 months focused on implementing such plans to start or grow the learners own business. Learners are able to complete the programme over a longer period if they prefer, by either completing each unit standard individually or by completing one module at a time.

The Qualification aims to:

  • Develop appropriate skills and knowledge required to start a new business or grow and existing business
  • Address the economic, administrative and behavioural barriers that contribute to failures in starting and sustaining a business in South Africa
  • Create long-term solutions for job creation and SMME development through the building blocks and structure of a qualification that addresses the learning requirements of budding entrepreneurs in a practical way

The qualification is made up of Unit Standards that are classified as Fundamental, Core and Elective. A minimum of 138 Credits is required to complete the qualification. The NVC Programme credits are allocated as follows:

36 credits (27% of the qualification)

70 credits (50% of the qualification)

32 credits (23% of the qualification)

Total: 138 credits: 100%

Specific Outcomes
Learners will be able 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.

Who should be attending this Qualification?
This qualification is designed for learners who intend to set up or have already set up their own ventures.

What entry requirements should I comply with when entering this Qualification?
Learners should be competent in Communication and Mathematical Literacy at NQF level 1.

RPL is a way of recognising what you already know and what you can already do. You can receive recognition of existing competency regardless of where, how and when it was acquired. For RPL assessment, you need to submit evidence of a skill or experience. This can be done by compiling a portfolio, being interviewed, giving a practical demonstration, completing a project, or by writing a formal ‘test’.

To qualify
To qualify and receive credits towards your qualification, a registered assessor will conduct an evaluation and assessment of your portfolio of evidence and competency.

Assessment Criteria
The only way to establish whether a learner is competent and has accomplished the specific outcomes is through the assessment process. The UBUNTU Business School Assessment involves collecting and interpreting evidence about the learners’ ability to perform a task through online and contact sessions with the student.

This Learning Programme includes assessments in the form of self- assessments, quizzes, projects and a practical training programme where you are required to perform tasks on the job and collect a portfolio of evidence with proof signed by your supervisor that you have successfully performed these tasks.


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