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New Venture Creation Program
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New Venture Creation Program
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Admission
1. Personal Details
Name of SMME/ Entrepreneur
*
Identity Number
*
Phone
*
Email Address
*
Date
*
Region/Area
*
Gender
*
Male
Female
Race
*
Postal Address
*
Physical Address
*
Access to Transport
*
Yes
No
Access to Laptop
*
Yes
No
2. Recognition of Prior Learning
Schooling Completed
*
Qualifications Completed
*
Qualifications Completed
*
Business Experience
*
3. SMME Profile (Optional for existing Businesses or Potential Businesses)
Criteria
3.1. Life Stage of SMME
*
Please select an option
Ideation
Start Up
Established
3.2. Informal vs Formal Sector
*
Informal: Business Not Registered & Own Account SMME’s
Formal: Registered/ Employment – Creating Firms
3.3.Size of the Business
*
Please select an option
Micro (0-10)
Small (11-50)
Medium (51-200)
3.4. Industry/ Sector
*
4. Assessment of Emotional Readiness? (Optional for Completion for existing Entrepreneurs)
Do you understand the demands and personal sacrifices necessary when starting a new business?
*
Yes
No
When starting your new business will your family support your efforts?
*
Yes
No
Are the potential benefits of owning a business worth the investment/risk involved?
*
Yes
No
5. Assessment of your Personal Learning Style? (For completion by all potential learners)
Are you capable of multi- tasking and do you have a high energy level that can be maintained over a long time?
*
Yes
No
Are you self-motivated and capable of working independently?
*
Yes
No
Are you able to work in excess of a traditional work schedule when necessary?
*
Yes
No
6. Financial risk of the Business. (Optional for Completion)
Have you completed a personal budget that accounts for your expenses?
*
Yes
No
Do you know your personal credit history?
*
Yes
No
7. Business Opportunity (Optional for Completion)
Can you clearly and concisely explain your vision for the business and why and how it will succeed?
*
Yes
No
Does the product/service solve a customer problem/need?
*
Yes
No
Have you identified the potential risk of this particular business opportunity?
*
Yes
No
Does the product/service have a competitive advantage- something that will help your company stand out from all the others?
*
Yes
No
8. Do you have enough money to start and grow the business? Can you really make a profit?
Do you know what it will cost to start your business?
*
Yes
No
Can you access the capital needed to start your business?
*
Yes
No
Do you know what it will cost to make/deliver your product/service?
*
Yes
No
Do you know what you will charge for your product/service?
*
Yes
No
Do you know if the size of your potential market is sufficient to produce a profit?
*
Yes
No
Do you understand the basics of finance and accounting?
*
Yes
No
Terms and Conditions and Disclaimer for Your Application & Assessment:
Terms and Conditions and Disclaimer for Your Application & Assessment:
*
Please note that this Application for New Venture Creation Training does not guarantee acceptance on the program.
Your application will be based on the following Selection Criteria: Senior School Certificate and Results with inclusion of Mathematics and English as Subjects, Informal vs Formal Sector Learners/ Entrepreneurs or SMEs’ or Start Ups/ Industry Sector Criteria/ Recognition of Prior Learning Criteria.
The Applicant Selection Process includes the completion of the Entrepreneurial. Assessment Form & initial Review/ Screening Calls/ Pitching Day/ Final Selection. For Recruitment Panel According to Selection Criteria /Acceptance & Rejection Letter & Signing of Participant Agreements.
Please note that this Application does not provide any job opportunities.
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