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.
The small business sector is growing and it is in light of this that various stakeholders have taken the initiative to provide mentorship programmes that will assist budding entrepreneurs to become a more integral part of the mainstream economy, serving both the public and private sectors. Apart from the formative development that can take place via these programmes, it also provides more importantly for sustainable development.
Thus the design and establishment of an entrepreneurship qualification aims to:
✅ Develop appropriate skills and knowledge for the establishment and development of an enterprise.
✅ Address the economic/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.
4 Day Facilitator led sessions each month. The rest of the days are on the job practical learning.
It is assumed that learners are competent in:
✅ Communication at NQF Level 1;
✅ Mathematical Literacy at NQF Level 1.
13 Segments including the Final Summative Assessment