Home / Accredited / SETA Qualifications / National Certificate: New Venture Creation (SMME) (NQF Level 2)
Quick Look Course Summary:National Certificate: New Venture Creation (SMME) (NQF Level 2)
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Length: 30 day(s)
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Price (at your venue): 1 Person R 81,689 EX VAT 3 Person R 49,466 EX VAT 10 Person R 34,276 EX VAT
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Certification Type:Accredited
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Locations & Venues: Off-site or in-house. We train in all major city centres throughout South Africa.
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National Certificate: New Venture Creation (SMME) (NQF Level 2)
Potential and existing entrepreneurs gain a nationally recognised NQF Level 2 qualification and the basics to start and run a sustainable small business.
The future of South Africa's economy does not lie only in the formal sector: small, micro and medium enterprises, including informal businesses, are a growing part of it, and many fail for lack of basic business skills. This new venture creation SMME qualification – the National Certificate: New Venture Creation (SMME), SAQA ID 49648, NQF Level 2, 138 credits – gives potential and existing entrepreneurs a structured foundation for starting and growing a sustainable business that is part of the mainstream economy.
BOTI delivers it as 30 contact days over 12 months. Core unit standards cover entrepreneurial ideas and opportunities, matching an opportunity to market needs, the venture's industry and its procurement systems, financial requirements, a business plan, business operations, marketing and selling, managing finances, business ethics, customer service and professional behaviour. Fundamentals build communication and mathematical literacy, and electives include tendering, contract administration, team performance, meetings and office equipment.
BOTI delivers the qualification under its Services SETA accreditation (12582), and new enrolments are open until 30 June 2028.
Why this course
For your organisation
- Small business and enterprise development programmes with a recognised NQF Level 2 outcome
- Owners of micro and small businesses who plan, sell and manage money properly
- Entrepreneurs who understand procurement and can tender for work
- Accredited training that supports your workplace skills plan
For your delegates
- A full qualification of 138 credits at NQF Level 2
- A business plan for your own venture
- Practical skills in finance, marketing, selling and operations
- Better communication and everyday numeracy for business
What delegates will be able to do
- Identify entrepreneurial ideas and match an opportunity to market needs
- Work out the financial requirements of a new venture
- Produce a business plan for a new venture
- Manage the venture's operations, marketing and selling
- Manage the finances of a new venture
- Explain the venture's industry, sector and procurement systems
- Apply business ethics, customer service and professional behaviour
- Tender for business or work and administer contracts
- Plan to improve team performance
Who should attend
Potential and aspiring entrepreneurs who intend to set up their own venture, and people who have already set one up – including owners of micro and small businesses in the formal and informal sectors.
Course outline
Day Part 1 – Core unit standards: starting and running a venture
Ideas, markets and the industry
- 119673 – Identifying and showing entrepreneurial ideas and opportunities (NQF 2, 7 credits)
- 119669 – Matching a venture opportunity to market needs (NQF 2, 6 credits)
- 119667 – The venture's industry or sector and its procurement systems (NQF 2, 8 credits)
Planning and financing the venture
- 119666 – The financial requirements of a new venture (NQF 2, 8 credits)
- 119670 – Producing a business plan for a new venture (NQF 2, 8 credits)
- 119674 – Managing the finances of a new venture (NQF 2, 10 credits)
Running the business
- 119668 – Managing business operations (NQF 2, 8 credits)
- 119672 – Managing marketing and selling (NQF 2, 7 credits)
Professional conduct
- 113924 – Basic business ethics at work (NQF 2, 2 credits)
- 114974 – Basic customer service skills (NQF 2, 2 credits)
- 114959 – Professional behaviour in a business environment (NQF 2, 4 credits)
Day Part 2 – Fundamental unit standards: communication and mathematical literacy
Communication
- 8963 – Accessing and using information from texts (NQF 2, 5 credits)
- 8962 – Maintaining and adapting spoken communication (NQF 2, 5 credits)
- 8967 – Language and communication for occupational learning (NQF 2, 5 credits)
- 8964 – Writing for a defined context (NQF 2, 5 credits)
Mathematical literacy
- 9009 – Basic statistics and probability for everyday problems (NQF 2, 3 credits)
- 7480 – Rational and irrational numbers and number systems (NQF 2, 3 credits)
- 9008 – Describing and comparing shape and motion in two and three dimensions (NQF 2, 3 credits)
- 7469 – Mathematics for personal and community finances (NQF 2, 2 credits)
- 9007 – Working with patterns and functions to solve problems (NQF 2, 5 credits)
Day Part 3 – Elective unit standards
Tenders and contracts
- 119712 – Tendering for business or work in a new venture (NQF 3, 8 credits)
- 119671 – Administering contracts for a new venture (NQF 3, 10 credits)
Teams, meetings and the office
- 13912 – A plan to improve team performance based on knowledge of self and team (NQF 3, 5 credits)
- 13929 – Coordinating meetings, minor events and travel (NQF 3, 3 credits)
- 13934 – Planning and preparing meeting communications (NQF 3, 4 credits)
- 114976 – Operating and caring for office equipment (NQF 2, 2 credits)
- 13915 – HIV/AIDS in the workplace and its effect on the business (NQF 3, 4 credits)
How it is delivered
30 contact days over 12 months, 08:30-16:00, scheduled around the learners' work. Contact sessions run at your offices anywhere in South Africa, at a BOTI venue, or live online, for one learner or a group of up to about 20. Learner guides and Portfolio of Evidence workbooks are provided, and learners apply each module to their own venture between sessions.
What our clients say
“[The organisation] confirms that BOTI delivered the contracted services over the 24-month period, and we have no hesitation in recommending Business Optimization Training Institute (Pty) Ltd to any organisation seeking a similar e-Learning or skills development solution.”
“Throughout both interventions, BOTI demonstrated a high level of professionalism, subject matter expertise, and commitment to quality training delivery. Their ability to effectively manage virtual learning environments and engage participants contributed significantly to the success of the programmes.”
“The training was presented through an interesting and easy-to-use online platform, and we were impressed by its quality.”
Frequently asked questions
Is this qualification still open for enrolment?
Yes. It is a pre-2009 SETA qualification kept open under the Minister's transitional arrangements. New enrolments close on 30 June 2028 and enrolled learners have until 30 June 2031 to complete. We confirm the current dates from the SAQA register when you book.
Is it accredited?
Yes. It is registered on the NQF (SAQA ID 49648, NQF Level 2, 138 credits) and BOTI delivers it under its Services SETA accreditation (12582).
Can you run it for a group of entrepreneurs or staff?
Yes. We run the contact days at your premises anywhere in South Africa, at a BOTI venue or live online, for one learner or a group of up to about 20. The price per learner drops as the group grows.
Can it be registered as a learnership?
Subject to further requirements, yes. A registered learnership may give access to the learnership tax allowance, the Employment Tax Incentive for qualifying young employees and SETA grant funding – confirm the details with your tax adviser or skills development facilitator.
Is there a higher level?
Yes. The Further Education and Training Certificate: New Venture Creation (NQF Level 4) goes further into costing, financing, strategy and negotiation. Its last enrolment date is 30 June 2027.
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