The purpose of the NQF level 2 New Venture Creation qualification is to provide a qualification that
can form the basis for structured programmes for potential and existing entrepreneurs to capitalise
on opportunities to start and grow sustainable businesses that form part of the mainstream
economy, enabling the learners to tender for business opportunities within both the public and
private sectors. This qualification is designed for learners who intend to set up or have already set up
own ventures. Assessment of the competencies and knowledge in the qualification needs to be done
in the context of the learner's own new venture.