Start Microsoft PowerPoint with a blank slide. Click "Insert".
Click "Text Box".
Click anywhere on the slide to create a text box. Type your desired text.
Highlight the text and resize it as desired. Then click "Shape Format".
With the text still highlighted, click "Text Fill". Then select "No Fill" in the drop down menu. The text may turn invisible.
With the (invisible) text still highlighted, click "Text Outline". Then select black colour on the colour palette. The text will reappear with outline only.
With the text still highlighted, right-click on the outline of the text box.
Select "Save As Picture" in the drop down menu.
Type in your desired file name. Then, click on the "Save as type" field and select "Scalable Vector Graphics Format".
Your text has now been converted to SVG format. If you are doing this to create cut files, then simply open the newly saved SVG file with your cutting machine's software and you should be able to immediately export it to any cut file format of your cutting machine.