Entrepreneur

The purpose of this part-qualification is to prepare a learner to function as an Entrepreneur. This part-qualification will contribute to the development of the learner by providing learners with the skills, knowledge, and experience to enable them to determine whether a business idea is viable and secure the resources to launch it. Learners completing this part-qualification would be able to at a later stage enrol for the National Occupational Certificate: Entrepreneurial Business Manager in which case they will be granted recognition for modules already completed through Credit Accumulation and Transfer. An Entrepreneur explores and develops product concepts and prepare funding motivations required to launch viable new business enterprises. A qualified learner will be able to: • Identify opportunities for a new venture. • Determine financial requirements of a new venture and source funding.

The need for this part-qualification was identified during the realignment of existing unit standards-based qualifications to create a learning pathway for learners. This part-qualification focuses specifically on the component related to the realignment of the National Certificate: New Venture Creation (SMME), NQF Level 2 to provide learners with the knowledge, skills and experience required to establish the viability of a business concept and secure the resources to launch it. There are no similar qualifications registered on the OQSF. This part-qualification will benefit the sector, society and the economy as Entrepreneurs will start a small business, based on a need in the community. The business will generate an income and thereby contribute to the economy. Typical learners to be attracted to this part-qualification are those who intent to start their own viable business. Collaboration with relevant stakeholders: • Various stakeholders from the Management and Business Services Chamber participated in the development of this part-qualification. List typical occupations in which the qualifying learner will operate (if relevant). • The typical occupations related to this part-qualification is small business owner.

Recognition of Prior Learning (RPL): Learners may use the RPL process to gain access to training opportunities for a programme of learning, qualification, part-qualification or skills programme if they do not meet the formal, minimum entry requirements for admission. RPL assessment provides an alternative access route into a programme of learning, qualification, part-qualification, or skills programme. Such an RPL assessment may be developed, moderated and conducted by the accredited Skills Development Provider which offers that specific qualification/part qualification/skills programme. Such an assessment must ensure that the learner is able to display the equivalent level of competencies required for access, based on the NQF level descriptors. For exemption from modules through RPL, learners who have gained the stipulated competencies of the modules of a programme of learning, qualification, part-qualification or skills programme through any means of formal, informal or non-formal learning and/or work experience, may be awarded credits towards relevant modules, and gaps identified for training, which is then concluded. Learners who have gained the stipulated competencies of the modules of a programme of learning, qualification, part-qualification or skills programme through any means of formal, informal or non-formal learning and/or work experience, may be awarded credits towards relevant modules, and gaps identified for training, which is then concluded. A valid Statement of Results is required for admission to the EISA in which confirmation of achievement is provided that all internal assessment criteria for all modules in the related curriculum document have been achieved. For a Skills Programme, the accredited Skills Development Provider (SDP) must ensure all modular competency requirements are met prior to the FISA and keep record of such evidence. Upon successful completion of the EISA/FISA, RPL learners will be issued with the QCTO certificate for the qualification, part-qualification or skills programme. Quality Partners are responsible for ensuring the RPL mechanism and process for qualifications and part-qualification is approved by the QCTO. Entry Requirements: An NQF Level 2 qualification with mathematical literacy and communication.

• Identify opportunities for establishing a viable new venture, by applying knowledge and skills in relation to interpreting relevant information from a range of sources.
• Determine financial requirements to start-up a new business, by applying knowledge and skills in relation to producing a coherent presentation and report and providing explanations for positions taken.