National Certificate
National Certificate
in
New Venture Creation (SMME)
Develop the skills required to be successful as an Entrepreneur by entrenching all the essential business competencies to pursue a lucrative career in commencing or maintaining your own business in all kinds of industries.
About the Qualification
The purpose of the New Venture Creation qualification is to provide the basis for potential and existing entrepreneurs to capitalise on the opportunities required to start and grow sustainable businesses. These are sustainable businesses then become 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 own ventures. The context of the learner's own new venture forms the thrusts for assessing the competencies and knowledge gained from this qualification.
Although this qualification provides an exit point from the learning and as such students do not have to achieve an entire qualification before earning a living, learners can come back and continue their learning process at any time. In addition, certain outcomes achieved to qualify are transferable to other fields, for example, project management, team work, seeing from another person's point of view, and improves career options for qualified learners. To qualify, learners learn to learn by evaluating progress and outputs, and improving on their own work.
After completion of this programme you would have acquired:
- Manage business operations
- An ability to match new venture opportunities to market needs
- Apply basic Communication skills in new venture creation context
- Use basic Mathematics in order to fulfil new venture functions effectively
- An ability to determine & manage the financial requirements of a new venture
- Acquisition of an entrepreneurial profile which includes an innovation orientation
- Determine financial requirements & manage financial resources of a new venture
- An understanding of the industry or sector in which they wish to establish a new venture
- Determine market requirements, manage the relevant marketing & selling processes
- An ability to match new venture opportunities to market needs within a chosen industry or sector
- An ability to compile a business plan to manage a new venture & seek funding
Discover Entrepreneurship
The Entrepreneur plays an important role in wellbeing of social and economic environments. Become a prime candidate! Start developing yourself today as a master of this art by becoming a scholar and practitioner of excellent entrepreneurship. This qualification will open up a wide range of possibilities for you.
Audience
Admission
Framework
Duration
Agency
Fees
Audience
Target Audience
The National Certificate in New Venture Creation (SMME) (SAQA 49648) is aimed at developing entrepreneurs as managers and leaders who fully appreciate the relevance of the Fifth Industrial Revolution (5IR) and the importance of socio-economic matters in the transformation of the workplace that represents current realities, and who wants become empowered to appropriately respond to this need. Students will focus on the key elements of entrepreneurship, such as business management, identifying markets, customer service, organisational behaviour, the use of technology and embracing innovative thought.
This qualification is ideal for those who are interested in
- Capitalising on opportunities to start and grow sustainable businesses that form part of the mainstream economy
- The development of the appropriate skills and knowledge for the establishment and development of an own enterprise
- Address the economic and administrative and behavioural barriers that contribute to failures in starting and sustaining an enterprise
- Create long-term solutions for job creation and SMME development via the building blocks and structure of a qualification that practically addresses the learning requirements of budding entrepreneurs
Benefits enrolling for this programme
- The module and course content promote awareness of the benefits of being entrepreneurial
- Modules and courses are designed around the role of business management & leadership
- Learning interventions are aligned to emerging market realities and related strategies
- A variety of assessment techniques & tools are applied
- Workshops are lectured by industry experts
- Programme scheduling is flexible
Admission
Minimum Admission Requirements
- English Proficiency
- Communication at NQF Level 1
- Mathematical Literacy at NQF Level 1 or ABET Level 3
Additional Requirements
- Prospective learners are expected to write a short motivational application letter expressing the desire to enrol for this qualification
- Provision of relevant documentation such as the level of academic studies and other courses completed, which will be used to moderate eligibility
- Additional institutional support such as access to the internet and a computer may be identified and considered on a case-by-case basis
- National Senior Certificate would be beneficial but is not a requirement
International students with Senior School Certificate can apply.
This Qualification can be achieved wholly, or in part, through Recognition of Prior Learning (RPL).
For more detailed information about the programme and the institutional prospectus, please reach out to us at orders@nomix.co.za.
Framework
The National Certificate in New Venture Creation (SMME) is a NQF level 2 qualification.
Modules
Modules
| Module | Credits |
| Apply basic business ethics in a work environment | 2 |
| Behave in a professional manner in a business environment | 4 |
| Apply the basic skills of customer service | 2 |
| Determine financial requirements of a new venture | 8 |
| Identify the composition of a selected new venture's industry/sector and its procurement systems | 8 |
| Manage business operations | 8 |
| Match new venture opportunity to market needs | 6 |
| Produce a business plan for a new venture | 8 |
Manage marketing and selling processes of a new venture | 7 |
| Identify and demonstrate entrepreneurial ideas and opportunities | 7 |
| Manage finances for a new venture | 10 |
| Use mathematics to investigate and monitor the financial aspects of personal and community life | 2 |
| Demonstrate understanding of rational and irrational numbers and number systems | 3 |
| Maintain and adapt oral communication | 5 |
| Access and use information from texts | 5 |
| Write for a defined context | 5 |
| Use language and communication in occupational learning programmes | 5 |
| Work with a range of patterns and functions and solve problems | 5 |
| Identify, describe, compare, classify, explore shape and motion in 2-and 3-dimensional shapes in different contexts | 3 |
| Apply knowledge of statistics & probability to influence the use of data & procedures (investigate life related problems) | 3 |
| Apply health and safety to a work area | 3 |
| Apply knowledge of self and team in order to develop a plan to enhance team performance | 5 |
| Co-ordinate meetings, minor events and travel arrangements | 3 |
| Plan, monitor and control an information system in a business environment | 3 |
| Plan and prepare meeting communications | 4 |
| Maintain an existing information system in a business environment | 4 |
| Keep informed about current affairs related to one`s own industry | 4 |
| Operate and take care of equipment in an office environment | 2 |
| Apply basic HR principles in a new venture | 4 |
Duration
Programme Duration
The programme is typically completed in one year not exceeding a maximum of eighteen months. This qualification is delivered both through blended learning and distance learning, which utilises a wide range of teaching and learning methodologies including digital support. It is delivered with innovative teaching methods.
Agency
Awarding Institution
This qualification is delivered by VNI Consultants CC (Services SETA 14580).
VNI Consultants is an organisational development, change management and competency improvement consultancy, whose specialisation includes project management, business analysis, diagnostic & research-based assignments, process engineering, systems & app development, training, coaching & behaviour change implementation.
About VNI Consultants
About VNI Consultants
VNI’s strategic intent is to strengthen the progression of contextually, synthesised, and cooperative thinking in learners, who in turn co-create creative and sustainable transformational societies. Based on its unique BluAgile™ methodology VNI aligns with this strategic intent that further extends to the development of managers and leaders who fully appreciate the relevance of the Fifth Industrial Revolution (5IR) and the importance of socio-economic matters in the transformation of the workplace.
Learners are transformed into managers and leaders that shape current realities, and whom have become empowered to appropriately respond to this need. Students focus on the key elements of business management, leadership, organisational behaviour, holistic thinking, and technology and innovation management.
The VNI learners therefore acquire the competencies needed to be excellent contributors in their societies and places of work. Learners are guided on how to lay the foundation, co-create connexions, facilitate energy and encourage learning. Through the confluence of these competencies they discover the value of ethical practices, institutionalise an appreciation of meaning, cultivate intuitive emotions and assimilate a universal presence. Following a Mode 2 approach to learning, learning is focused on the creation of knowledge that is transdisciplinary in nature, socially relevant, and that actively promotes diversity and heterogeneity. The outcome of this learning is situational, stimulates problem probing, contributes to solution finding and increases the quality of decision making as critical constructs to solve work related challenges.
For more detailed information about the programme and the institutional prospectus, please reach out to us at orders@nomix.co.za.
Fees
Tuition Fees
The total cost of the qualification is R 35,550.00.
The institution charges an Application Fee of R 500.00, in addition an Admission Fee will be payable upon enrolment. The milestones in the registration procedure are as follows:
- Submit your application
- Receive an acceptance letter or feedback on your Application
- On acceptance of the offer you make the payment according to the payment option agreed, including the Admission Fee of R 1,500.00 to initiate your enrolment
Year 1
| 62,940.00 |
Year 2
| 66,500.00 |
Year 3
| 70,160.0 |
The total cost of the qualification may be split over the duration of the programme. Alternative payment options and arrangements are available. You may select your preferred payment option during registration, keeping in mind that monthly instalment options include interest. Please contact us at orders@nomix.co.za for further details.
The module costs do not include prescribed books or any other learning fees. Books or any other learning fees are an additional cost that the students must factor into their calculations for their full costs of study (e.g. books, e-books, meals, accommodation & coaching etc.).
This qualification is available as a learnership or a bursary. Please contact orders@nomix.co.za for alternative pricing options.
Please refer to the Nomix™ Terms and Conditions to get more information on our pricing policy.
World Application
We make learning happen by means of real-world application. This includes unique research opportunities based on the real-life challenge, experienced in the workplace. Students are encouraged to apply their learning in their respective industries.
Remote Learning
Many of our students are working professionals in their respective industries, influenced by the continuous change continuum. We have customised all our programmes with flexibility, affording you the possibility to study from anywhere in the world.
Return on Investment
Our assessments and projects are aimed at solving real-world problems and finding implementable solutions that enhances workplace efficiencies. Employees and learners acquire the knowledge and skills to make meaningful contributions in work contexts.
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