Entrepreneurship & Innovation

Course Overview

The course aims to equip the participant to be able to successfully identify and assess his/her own opportunity and to write a business plan for the new opportunity.

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Learning Outcome
  • Identify and determine what entrepreneurs need to know about the critical driving forces in a new venture success.
  • Critically assess successful entrepreneurs and investors create, find and differentiate profitable and durable opportunities from just “another good idea”, and how opportunities evolve over time.
  • Estimate and determine the necessary financial and non-financial resources needed for new ventures, identify the criteria used to screen and evaluate proposals, the attractiveness and risk, and how to obtain start-up and early growth capital.
  • Determine the critical tasks to be accomplished, the hurdles to overcome during start-up and early growth, and what must happen to succeed.
  • Apply the Venture Opportunity Screening Techniques to an actual start-up idea, and subsequently, be able to develop and prepare a business plan suitable for guiding start-up, attracting financing and realizing an eventual harvest.
  • Craft and prepare a personal entrepreneurial strategy to identify relevant issues, requirements and trade-offs.
Course Content
  • Importance and scope of entrepreneurship in South Africa
  • The fundamental concepts of entrepreneurship with Innovation and commercialization
  • Opportunity Screening: The driving forces of successful new venture creation
  • Intrapreneurship: Referring to the need for entrepreneurship in big companies
  • Opportunity Screening – identifying and presenting an original opportunity
  • The writing of a business plan and Creating an entrepreneurial team
  • Determining the amount of capital / resources needed to start a business
  • Assessing the various sources of funding, focusing on debt and equity

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Additional information

Qualification Type:

Certificate of Competence

Duration

Programme Type:

Category B – Learnership

Programme ID:

PA0001

Credits:

20

NQF Level:

Level 5

Contact Days:

5 – 7 Learning hours per week, anytime, anywhere

Prerequisites:

Grade 12 Qualification

Training Options:

Distance Learning – Online

Minimum Learners Required:

One (1) on Distance Learning – Online

Who Should Attend:

This course is recommended for executives, managers, planners and analysts or any individual who wants to start his/her own business. The rapidly changing business environment demands that all businesses, big and small, new and old must develop an entrepreneurial culture to deal with the challenges of change

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