National Certificate: New Venture Creation Level 2

  • SAQA ID: 49648 NQF L2 worth 138 Credits.
  • Duration: 12 Months
  • Course Fees: R9 900.00
  • This course is accredited by the Services Seta.

KIA TVET COLLEGE is a fully accredited training provider with the Services Seta, number 2147, as well as a Level 1 Contributor BBBEE company.

The purpose of the NQF level 2 New Venture Creation qualification is to provide a qualification that can form the basis for structured programmes 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 opportunities within both the public and private sectors. This qualification is designed for learners who intend to set up or have already set up their own ventures.

Programme Outcomes

At the end of this qualification learners will be able to:

  • Use basic mathematics in order to fulfill new venture functions effectively.
  • Apply basic communication skills in new venture creation context.
  • Determine market requirements and manage the relevant marketing and selling processes.
  • Demonstrate an understanding of the sector/industry in which the business operates.
  • Determine financial requirements and manage financial resources of a new venture.
  • Manage business operations.


ID Unit Standard Title Level Credits
119673 Identify and demonstrate entrepreneurial ideas and opportunities 2 7
119669 Match new venture opportunity to market needs 2 6
14341 Keep informed about current affairs related to ones own industry 2 4
8963 Access and use information from texts 2 5
9009 Apply basic knowledge of probability and statistics 2 3
9008 Identify… shape and motion in two and three dimensional shapes 2 3
9007 Work with range of patterns and functions to solve problems 2 5


ID Unit Standard Title Level Credits
119666 Determine financial requirements of a new venture 2 8
119670 Produce a business plan for a new venture 2 8
8964 Write for a defined context 2 5


ID Unit Standard Title Level Credits
119672 Manage marketing and selling processes of a new venture 2 7
119667 Identify the composition of a selected new ventures industry/sector and its procurement systems 2 8
114974 Apply the basic skills of customer service 2 2
8962 Maintain and adapt oral communication 2 5
119712 Tender for business or work in a selected new venture 3 8


ID Unit Standard Title Level Credits
119668 Manage business operations 2 8
119671 Administer contracts for selected new venture 3 10
119674 Manage finances for a new venture 2 10
7469 Use maths to investigate and monitor the financial aspects of personal and community life 3 5
13912 Apply knowledge of self and team to develop a plan to enhance team performance 3 5
7480 Demonstrate understanding of rational and irrational numbers and number systems 2 3


ID Unit Standard Title Level Credits
113924 Apply basic business ethics in a work environment 2 2
114959 Behave in a professional manner in a business environment 2 4
13915 Demonstrate knowledge and understanding of HIV/AIDS 3 4
8967 Use language and communication in occupational learning programmes 2 5
13929 Co-ordinate meetings, minor events and travel arrangements 3 3