New Venture Creation Programme
The New Venture Creation Programme strengthens economic growth by equipping organisations and communities to establish sustainable enterprises, particularly in rural areas.
It builds business capacity, drives innovation, and supports long‑term competitiveness. Flexible in duration, the programme aligns with QCTO requirements while adapting to client priorities for maximum impact.
- Flexible
- 32 Credits
- NQF Level 2
- SAQA ID: SP210401
Starting a new venture can challenge organisational growth without a clear roadmap for priorities, risk management, and scaling.
The New Venture Creation Programme equips businesses with structured strategies that strengthen resilience, sharpen strategic thinking, and build sustainable capacity for expansion.
By embedding these practices, organisations reduce costly missteps and position themselves for long‑term competitiveness.
Programme Objectives
The New Venture Creation Programme targets the following objectives:
- Gather and analyse information for an industry
- Determine market requirements relevant for marketing and selling goods and services
- Determine financial, human and infrastructure requirements
- Manage financial, human and infrastructure resources of a business
- Plan for the establishment of business
- Organise and conduct business activities
Who will benefit?
- Delegates who want to start a new business
- Delegates who intend to improve, stabilise and expand existing small businesses
- Organisations who are seeking to invest in CSI projects to empower previously disadvantaged individuals
Programme Modules
Knowledge Modules
- Topic 1: Being an entrepreneur
- Topic 2: Know yourself
- Topic 3: Know your industry
- Topic 4: Identifying Market opportunities
- Topic 5: Innovation
- Topic 6: Customer Service
- Topic 7: Financial and Cash flow management
- Topic 8: Basic business financial statements
- Topic 9: Pricing of goods and services
- Topic 10: Marketing
- Topic 11: SMART goals
- Topic 12: Business planning
Application Component
- Topic 1: Calculations and Pricing
- Topic 2: Basic Bookkeeping
- Topic 3: Marketing project
- Topic 4: Customer service
Related Reading
Why Do QCTO Qualifications Cost More Than Legacy Qualifications?
When comparing occupational training models, many employers notice that QCTO qualifications often come at a higher cost than legacy training
Why Are QCTO Qualifications So Much Longer Than Legacy Qualifications?
One of the most common questions from employers transitioning to occupational learning is why QCTO qualifications take significantly longer to
Is QCTO Training Complicated or Hard to Implement?
For many organisations, the move toward QCTO-aligned training can initially feel unfamiliar. New terminology, different compliance processes, and updated qualification