New Venture Creation (66249) – NQF Level 4

Duration: 12 months
Target Group: Junior Management/Entrepreneurs
Prerequisite: Communication NQF Level 3, Mathematical Literacy NQF Level 3
Credits: 149 credits
Certification: Services SETA-accredited Certificate


This qualification is intended for persons who wish to start, operate, manage and grow a new small to medium business venture. Learners attempting this qualification will be equipped with a variety of technical, business managerial and personal skills and strategies to help them succeed in the creation and sustenance of a business. The successful learner will develop a sound foundation for the application of these skills and knowledge to explore a diverse range of entrepreneurial opportunities


At the end of the skills programme, learners will be able to:

  • Demonstrate an ability to identify and create a new venture.
  • Demonstrate knowledge of interpersonal skills required in a business environment.
  • Demonstrate an understanding of basic economics within a market economy.
  • Manage a new venture by applying business principles and techniques.
  • Demonstrate an understanding of the role of leadership and management.


  • Start and Run a New Venture
  • Business Writing
  • Manage a New Venture
  • Manage Finances in a New Venture