Skill set Outline
Information current as of
12/09/2026 5:29 PM AWST
12/09/2026 5:29 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
New Business Ventures Skill Set
New Business Ventures Skill Set
Skill set
National Code
BSBSS00103
BSBSS00103
State Code
AE305
AE305
TGA Status
Current
Current
DTWD Status
Approved
Approved
National Endorsed, State Implementation and Classification
AQF Level
—
Field of Education
—
Skillset Type
National
Original TGA Release Date
19/10/2020
Current Release Date
19/10/2020
Current Release Number
1.00
Approved Date
16/03/2021
Nominal Hours
130
Duration
—
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 1.00 | 19/10/2020 | Current | Approved |
Description
This skill set addresses the skills and knowledge to plan and develop new business ventures for a business generating self-employment, or for an existing organisation.
Pathway Information
Units from this skill set can contribute to credit towards BSB30220 Certificate III in Entrepreneurship and New Business.
Licensing / Regulatory Information
No licensing, legislative or certification requirements apply to this skill set at the time of publication.
Target Group
This skill set is for individuals who are starting a new business venture within or external to an organisation.
Suggested words for statement of attainment
These units of competency from the BSB Business Services Training Package meet industry requirements for establishing a new business venture generating self-employment, or for an existing organisation
General notes
Schedule
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| OCE81 | BSBESB304 | Determine resource requirements for new business ventures | 25 | Unit of competency |
| OCE25 | BSBESB302 | Develop and present business proposals | 30 | Unit of competency |
| OCF51 | BSBESB301 | Investigate business opportunities | 25 | Unit of competency |
| OCF48 | BSBESB303 | Organise finances for new business ventures | 50 | Unit of competency |
