The Level 3 Award in Understanding and Planning New Market Development is aimed at those who wish to develop an understanding of the different aspects of developing new markets in surviving and thriving business in the creative and cultural sector, providing learners with an opportunity to develop a plan to assist in planning the development of new markets in the business.


Regulator Ofqual
Qualification Framework RQF
Qualification Reference Number 601/5812/8
Qualification Level 3
Credit Value 6 credits
Guided Learning (Hours) 44 hours
Total Qualification Time (Hours) 60 hours
Duration Completion within 2 years
Structure 3 mandatory units
Age Groups 19+
Entry Requirements

There are no formal entry requirements however, in order to benefit from undertaking the qualification, learners should possess communication skills sufficient to allow them to address the assessment requirements.

First Date for Registrations April 1, 2015
Last Date for Starts February 28, 2017
Delivery Staff Requirements

The assessment qualification is not required in order to deliver this qualification.
The internal quality assurance qualification is not required in order to quality assure this qualification.

IOEE Studying Membership Eligible Yes
SFEDI Directory Eligible No
Registration Fee for Centres (excl. VAT) £

Learner Support

As part of undertaking a SFEDI Awards enterprise or enterprise support qualification you receive 1 years study membership* of the Institute of Enterprise and Entrepreneurs. This membership enables you to take advantage of the following benefits:

  • Regular information on what’s happening through the IOEE Enterprise and Mentoring Monthly including case studies of people just like you who are becoming more enterprising
  • Opportunity to access the national government Start Up Loan initiative through the IOEE and Start Up Loan Company strategic partnership
  • Opportunities to meet other business owners in our online communities who are happy to share how they have been there, done it, got the t-shirt and continue to wear it!
  • Enterprise resources including videos and articles to enhance your understanding of enterprise and enterprise support
  • The chance to meet other members through Meet a Mentor and networking events
  • A chance to compare notes with other entrepreneurs and business support professionals through the online groups and forums
  • A chance to promote yourself and your business to other IOEE members through the IOEE profile page

*1 years free study membership of the IOEE for SFEDI Awards learners aged 18 years and over


Below you will find further details relating to the qualification and also the necessary paperwork for your approved centre to add it to your centre offer. If you require further information or would like guidance please contact the SFEDI Awards Customer Service Team who will be more than happy to help you.

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