New Venture Creation
Level 4

SAQA Qualification ID: 66249


Why study New Venture Creation Level 4?

This qualification is intended for persons who wish to start, operate, manage, and grow a new small to medium business venture. Learners attempting this qualification will be equipped with a variety of technical, business managerial and personal skills and strategies to help them succeed in the creation and sustenance of a business. The successful learner will develop a sound foundation for the application of these skills and knowledge to explore a diverse range of entrepreneurial opportunities.


A Qualifying Learner will be able to:

  • Demonstrate an understanding of the role of leadership and management.
  • Manage a new venture by applying business principles and techniques.
  • Demonstrate an understanding of basic economics within a market economy.
  • Demonstrate knowledge of interpersonal skills required in a business environment.
  • Demonstrate an ability to identify and create a new venture.


Who should study New Venture Creation Level 4?

New Venture Creation Level 4 is intended for individuals who wish to start their own businesses. This qualification equips learners with skills, knowledge and values required in the Business.


New Venture Creation Level 4 potential careers

Business Owners                                                     Business Manager

New Entrepreneurs                                               Aspiring entrepreneurships


This qualification is run over 12 months.