Occupational Certificate: New Venture Creation

SAQA ID: 66249   |   NQF Level: 4   |   Credits: 149

Delivery:

Inhouse Corporate

Public Programme

Duration:

12 months

Mode:

Online Facilitated Classes

Accreditation

Quality Council for Trades

and Occupations

Program outline

Programme overview

This qualification is designed for individuals who wish to start, operate, manage, and grow a new small to medium-sized business venture. Learners will be equipped with a variety of technical, business, managerial, and personal skills necessary for the creation and sustenance of a successful business.

This qualification provides a solid foundation for applying these skills and exploring diverse entrepreneurial opportunities, addressing economic, administrative, and behavioral barriers to business success.

Is this course for you?

  • Aspiring entrepreneurs and innovators
  • Small business owners looking to scale
  • Franchisees and informal traders
  • Anyone with a product or service idea wants to commercialise

Your advantage

Save Time and Money

Connect from anywhere in the online facilitated classes with our industry experts and fellow learners. There is no need to relocate or travel—save time and money while gaining valuable interpersonal skills by participating in collaborative projects.

Study Your Way

Our flexible online evening classes are tailored for working professionals like you. Learn at your own pace so you can balance work and study.

Are you just starting out? Then, attend our intensive foundation program and a job placement to gain the experience needed to succeed in your new career.

Personalized Learning

iFundi’s AI platform tailors your learning journey. Get customized study advice, instant feedback, and dedicated personal support every step of the way.

What will set you apart

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Confidence to turn ideas into viable businesses

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Practical knowledge in budgeting, marketing, and operations

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A full business plan ready to pitch or implement

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Insight into growth strategies and long-term sustainability

Module breakdown
  • Understanding the Business Environment
  • Market Research
  • Introduction to Business Planning
  • Business Communication
  • Developing a Marketing Plan
  • Planning the Operations of the Business
  • Drawing Up the Financial Plan
  • Financing a New Venture
  • Compiling the Business Plan
  • Setting Up Admin Systems
  • Developing Strategic Plans to Grow the Business

Earn a certificate

    • Certification: Occupational Certificate in New Venture Creation
    • Accreditation: SAQA-accredited (ID: 66249).
    • NQF Level: Level 4 with 149 credits.
    • Duration: 12 months

iFundi has assisted many leading companies to prepare their teams for the 4th Industrial Revolution. Ready to do the same for your workforce? Speak with one of our advisors today.

recognized by top accreditation bodies and industry leaders

What people ask

What are new venture creations?

New venture creation refers to the process of starting a new business or entrepreneurial endeavour, from concept to execution.

What does a new venture mean?

A new venture is any recently established business or start-up aiming to offer a product, service, or solution.

What are the five steps of new venture creation?

Opportunity identification, business planning, resource acquisition, product/service development, and launch.

What can I do with a new venture creation certificate?

You can start your own business, manage a small company, or support enterprise development initiatives.

What are venture creations?

They are new entrepreneurial initiatives—businesses that bring new products, services, or solutions to market.

How does a venture work?

It operates like a business entity, providing value to customers while managing finances, operations, and growth.

What is an example of a venture?

A tech start-up, catering business, delivery service, or consulting firm are all examples of new ventures.

What is the full meaning of venture?

A venture is a risky or daring journey—often used to describe new business undertakings.

What is new venture design?

It involves planning all aspects of a new business, including market fit, strategy, operations, and branding.

What does "my new venture" mean?

It typically refers to a business someone has recently started or is planning to launch.

What is a creative venture?

A business that focuses on innovation or creative industries like design, media, or the arts.