New Venture Creation

Introduction

Entrepreneurship plays a key role in economic growth, job creation, and enterprise development. Organisations need people who can identify opportunities, think commercially, and build sustainable ventures. This New Venture Creation programme equips learners with the practical skills and mindset to start, manage, and grow a small business. Learners develop the ability to identify opportunities, manage finances, engage customers, and build structured business plans. On successful completion of this course and successful FISA assessment, learners will be awarded: QCTO Certificate: New Venture Creation (An accredited, credit-bearing Skills Programme certificate)

Intended Audience

• Organisations supporting entrepreneurship or enterprise development initiatives
• Teams involved in small business, supplier, or community development
• Individuals starting or managing a small business
• Aspiring entrepreneurs developing business and commercial skills

Entry Criteria

• Grade 9

Outcomes

• Understand the role and responsibilities of an entrepreneur
• Analyse personal entrepreneurial readiness
• Analyse an industry and identify market opportunities
• Apply innovation principles in business
• Manage customer service and relationships
• Apply basic financial and cash-flow management principles
• Develop a structured business plan