New Venture Creation Level 2
Let Us Show You How To Start A New Business
The New Venture Creation Level 2 course offered by New Oaks College is your gateway to launching a successful business. Tailored for aspiring entrepreneurs, this course equips you with the foundational skills and knowledge needed to identify opportunities, develop sustainable business ideas, and navigate the challenges of starting and managing a venture.
With a focus on practical learning, you’ll explore key concepts such as market research, financial planning, and operational management. The course is designed to empower you to make informed decisions and craft a strong foundation for your enterprise. Whether you’re new to entrepreneurship or seeking to formalize your skills, this course provides the tools you need to thrive in today’s competitive business landscape.
New Venture Creation Level 2
What study New Venture Creation L2 with us
At New Oaks College, we prioritize flexibility and accessibility. Study at your own pace, on a device of your choice, and enjoy the support of experienced coaches and a vibrant entrepreneurship community. You’ll also gain access to valuable resources, including templates and guidelines, to help bring your business ideas to life.
By enrolling in this SAQA-accredited course, you’re not just gaining knowledge—you’re investing in your future. Take the first step towards building your dream business with New Oaks College today.
What's included?
- Live sessions with experts
- Recognized certification
- Downloadable materials
- Learning community
More Informations
New Venture Creation Level 2
Why is New Venture Creation L2 so important in South Africa
Many people believe that in our world, there are just so much uncertainty. However, it is vital that we bear in mind the following: “While change can cause uncertainty, even anxiety, it also provides great opportunities for renewal and progress.” There is so much proof of this. All of this evidence points to the reality that there are more prospects for entrepreneurs in developed economies, and that higher numbers of opportunity-driven entrepreneurs are joining the sector.
They are balanced by the larger amount of opportunities and the desire for entrepreneurship in developing nations. There would be very little renewal or revitalisation in South Africa without the involvement of entrepreneurial individuals like these. Studying New Venture Creation Level 2 will help unlock your potential as an entrepreneur.
However, becoming an entrepreneur is not easy—especially in this region. With a large amount of population becoming unemployed or living on the bread line, our economic pool is limited. Although it is projected that 73 million citizens are successful entrepreneurs in 34 countries, our workforce has an exceptionally low proportion of employers and self-employed persons.
Despite the fact that the above is a significant factor that may help to combat the high level of unemployment and the concomitant deprivation and economic isolation, the country’s overall rate of entrepreneurial activity is indeed among the lowest in developed countries.
New Venture Creation Level 2
Why study entrepreneurship?
In the context of innovative products and services, path-breaking offerings by entrepreneurs result in new jobs, which can have a cascading impact or a virtuous cycle in the economy. Stimulating the relevant companies or businesses that fund the new enterprise would lead to more economic growth.
Actually, creative projects create untapped wealth. Established firms can stay limited to the scope of existing markets and may, in terms of sales, reach the glass ceiling. New and expanded offerings, goods or innovations by entrepreneurs enable the expansion of new markets and the production of new capital.
Entrepreneurs move free from convention by their unique offers of modern products and services and implicitly foster liberty through reducing reliance on outdated structures and technology. Overall, this translates to an increased quality of living, stronger moral values and greater economic freedom.
Entrepreneurs frequently cultivate other like-minded people’s business projects. They frequently participate in initiatives in the city and provide various charities with financial assistance. Beyond their own projects, this helps to bring more growth to the economy.
Studying New Venture Creation Level 2 is one of the best ways you can reach your full potential. Enrol today.
New Venture Creation Level 2
Qualification Rules
The Certificate is made up of a planned combination of learning outcomes that have a defined purpose and will provide qualifying learners with applied competence and a basis for further learning.
The qualification is made up of Unit Standards that are classified as Fundamental, Core and Elective. A minimum of 138 credits is required to complete the qualification.
In this qualification the credits are allocated as follows
Fundamental : 36 credits : 27%
Core : 70 credits : 50%
Electives : 32 credits : 23%
Total : 138 credits : 100%
New Venture Creation Level 2
Rationale for the qualification
The future of South Africa’s economy does not just lie in the formal sector, but within the informal SMME sector too. This is a growing part of South Africa’s economy and requires substantial focus from a developmental perspective.
Following the success of the implementation of the National Certificate: New Venture Creation (NVC): Level 4 and upon doing further research, it has been established that there is a great demand to equip entrepreneurial learners with knowledge and skills at NQF level 2 so that they can become part of the mainstream economy as they set up and manage new ventures.
Whilst the complexity of learning will be simpler at this level, the main outputs, requirements and competences of such entrepreneurs are broadly the same.