New Venture Creation (Entrepreneurship)

Entrepreneurship is the engine of innovation and economic growth. This programme equips aspiring business leaders with the mindset, tools, and strategies to launch and sustain successful ventures in today’s dynamic marketplace.

Programme Overview

The New Venture Creation course is designed to guide learners through the entire entrepreneurial journey — from identifying opportunities and developing business models, to securing funding and scaling operations. It blends theory with practical application, ensuring graduates are ready to create impact.

What You Will Learn

• Opportunity identification and market research
• Business model design and lean startup principles
• Financial planning, budgeting, and funding strategies
• Marketing, branding, and digital presence building
• Leadership, team management, and networking skills
• Legal compliance and risk management for SMMEs

Career Paths

Graduates can pursue careers as:

• Startup founders and entrepreneurs
• Business development specialists
• Innovation consultants
• Venture capital analysts
• Enterprise support officers

Career Outcomes

Learners will be able to:

• Launch and manage their own ventures
• Drive innovation within existing organizations
• Contribute to economic development through SMMEs
• Provide advisory services to entrepreneurs and startups

Salary Potential

Income varies widely depending on venture success and sector. Entry-level entrepreneurial support roles may start around R180,000 – R250,000 per year, while successful entrepreneurs and business developers can earn R500,000+ annually, with unlimited potential through ownership.

Ideal For

• Aspiring entrepreneurs ready to start their own business
• Employees seeking to transition into self-employment
• Innovators and creatives wanting to commercialize ideas
• Community leaders aiming to drive local enterprise development

Duration

12 months (flexible full-time or part-time study options).

Modules

1. Introduction to Entrepreneurship & Innovation
2. Market Research & Opportunity Analysis
3. Business Model Development & Lean Startup
4. Financial Planning & Funding Strategies
5. Marketing, Branding & Digital Strategy
6. Operations, Leadership & Team Management
7. Legal, Compliance & Risk Management
8. Scaling & Sustaining New Ventures

Requirements

• Minimum Grade 12 or equivalent
• Basic computer literacy and internet access
• Strong interest in entrepreneurship and innovation
• Commitment to practical projects and business plan development

Features

• Blended learning (online + workshops)
• Practical business plan development
• Mentorship from experienced entrepreneurs
• Networking opportunities with industry leaders
• Career support and incubation pathways

Target Audiences

• Young professionals and graduates
• SMME owners seeking to formalize and grow
• Innovators and creatives
• Community development practitioners
• Anyone passionate about starting and sustaining a business

Application fee