Triple Trust Organisation
- Visit the Triple Trust Organisation Website
Background Information
The South African Institute for Entrepreneurship (SAIE) was born out of the Triple Trust Organisation (TTO) in 1996 in recognition of the critical need for easily accessible financial literacy training materials for both the small enterprise sector and for schools.
The Triple Trust Organisation was itself established in 1988 as a job creation and skills training NGO committed to the social and economic upliftment of South Africa’s disadvantaged, mostly uneducated and unskilled populace. Since its beginning TTO has trained more than 40,000 people in the Eastern and Western Cape and has supported the establishment of numerous small businesses.
Early in its work, TTO recognised the need for basic business acumen training to support participants in its skills training programmes. This resulted in the development of what was then known as the “Township MBA” This programme was extremely successful. However, it was limited in its accessibility as participants in the training had to be literate and able to understand the complex financial concepts in written form. Since TTO was primarily serving those individuals who had little or no education, there was a need to find appropriate methodologies to convey complete financial and business concepts through experiential and discovery learning.
As a result, a simulation “game”, the “Best Game” (Business Expenses Savings Training) was developed and a number of years later TTO established a separate training development arm to focus on creating and testing similar and related entrepreneurial business development training tools and materials using these methodologies.
