Assessment and certification:

The purpose of the NQF level 2 New Venture Creation qualification is to provide a qualification that can form the basis for structured progreammes 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 opportunites 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 learners own new venture.

Total credits for this qualification: 138

Study School 1: Maths & Statistics | Date: TBA

Type U/S ID Unit Standard Title NQF Level Credits
Fundamental 9009 Apply basic knowledge of statistics and probability to influence the use of data and procedures in order to investigate life related problems 2 3
Fundamental 7480 Demonstrate understanding of rational and irrational numbers and number systems 2 3
Fundamental 9008 Identify, describe, compare, classify, explore shape and motion in 2-and 3-dimensional shapes in different contexts 2 3
Fundamental 9007 Work with a range of patterns and functiions and solve problems 2 5
Total Credits 19

Study School 2: Communiction Skills | Date: TBA

Type U/S ID Unit Standard Title NQF Level Credits
Fundamental 8963 Access and use information from texts 2 5
Fundamental 8962 Maintain and adapt oral communication 2 5
Fundamental 8967 Use language and communication in occupational learning programmes 2 5
Fundamental 8964 Write for a defined context 2 5
Total Credits 20

Study School 3: Marketing & Selling | Date: TBA

Type U/S ID Unit Standard Title NQF Level Credits
Core 119673 Identify and demonstrate entrepeneurial ideas and oppertunities 2 7
Core 119672 Manage marketing and selling processes of a new venture 2 7
Core 119669 Match new venture oppertunity to market needs 2 6
Total Credits 20

Study School 4: Health & Safety In A New Venture | Date: TBA

Type U/S ID Unit Standard Title NQF Level Credits
Core 114959 Behave in a professional manner in a business environment 2 4
Core 119667 Identify the composition of a selected new ventures industry/sector and its procurment systems 2 8
Elective 9964 Apply health and safety to a work area 2 3
Elective 13915 Demonstrate knowledge and understanding of HIV/AIDS in a workplace, and its effects on a business sub-sector, own organisation and a specific workplace 3 4
Total Credits 19

Study School 5: Financing A New Venture | Date: TBA

Type U/S ID Unit Standard Title NQF Level Credits
Core 119666 Determine financial requirements of a new venture 2 8
Core 119674 Manage finances for a new venture 2 10
Fundamental 7469 Use mathematics to investigate and monitor the financial aspects of personal and community life 2 2
Total Credits 20

Study School 6: Business Ethics | Date: TBA

Type U/S ID Unit Standard Title NQF Level Credits
Core 113924 Apply basic business ethics in a work environment 2 2
Core 114974 Apply the basic skills of customer service 2 2
Core 119668 Manage business operations 2 8
Core 119670 Produce a business plan for a new venture 2 8
Total Credits 20

Study School 7: Tender, Contracts & HR | Date: TBA

Type U/S ID Unit Standard Title NQF Level Credits
Elective 119671 Administer contracts for a selected new venture 3 10
Elective 119712 Tender for business or work in a selected new venture 3 8
Elective 13929 Co-ordinate meetings, minor events and travel arrangements 3 3
Elective 119713 Apply basic HR principles in a new venture 3 4
Total Credits 25
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