TSiBA is a private, not-for-profit higher education institution established in 2004 with a mission to graduate entrepreneurial leaders who create social change. It began with 80 students on full scholarships in 2005 and has since expanded, including opening a rural campus in 2009. TSiBA graduates have high success rates, with 11% becoming Mandela Rhodes scholars, 90% employment placement, and 50% graduation rates which is double the national average for black commerce students. The institution focuses on genuine empowerment through its education model and support of entrepreneurs.
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TSiBA Entrepreneurship Centre support model - Tshikululu Serious Enterprise Development workshop 2010
1.
2. TSiBA Education
• TSiBA stands for the Tertiary School
in Business Administration
• TSiBA means ‘to jump’
3. Our Mission
“To be an innovative and sustainable
learning community that graduates
entrepreneurial leaders who ignite
opportunity and social change”
4. Our History
• 2003: Seed capital from Shuttleworth
Foundation
• 2004: Established as a private, not for
profit higher education provider
• 2005: First 80 students on full
scholarships
• 2006: Created a BBBEE Trust
• 2007: BBA in Entrepreneurial Leadership
accredited by DoE (2007/HE08/001)
• 2007: Opened an Entrepreneurship
Support Centre
• 2009: Took on a green rural campus
6. Successes
•90% placement
•50% throughput (double the national
average for black commerce students)
•High interest and close involvement
of sponsors
•Over 200 entrepreneurs supported
7. Genuine Empowerment
(Codes of Good Practice)
Requirement TSiBA Provides
Ownership TSiBA Education Trust is an ideal
Target 25.1% of equity partner as students from designated
Scorecard weight 20 groups are its beneficiaries
Management Control TSiBA graduates are developed as
leaders and can be fast-tracked as
Target 40% of management and 50% of board
Scorecard weight 10 equity talent in organisations
Employment Equity Placement of TSiBA graduates in
Target 43%-80% of employees partner organizations; internships
Scorecard weight 15 allow pre-screening
Skills Development TSiBA offers short courses and
Target 3% of payroll
mentorship in business,
Scorecard weight 15 entrepreneurship and leadership skills
Pref. Procurement TSiBA’s Entrepreneurship Centre
Target 70% of procurement diverse
incubates a wide range of
Scorecard weight 20
SMME suppliers
Enterprise Dev. Entrepreneurship
TSiBA’s
Target 3% of Net Profit After Tax (NPAT) Centre provides industry specific
Scorecard weight 15
skills and mentorship to emerging
SMMEs
Socio-Economic Dev. Scholarships for TSiBA’s degree
Target 1% of net profit after tax is a high impact, high return
Scorecard weight 5 investment for corporates’ social
funding (CSI)
8. Testimonials
“TSiBA is a living example of a new breed of business
schools. In many ways, the top schools in the northern
hemisphere still have a long way to go to achieve similar
successes.”
• Prof. Otto Scharmer, MIT Sloan School of
Management
“This initiative demonstrates the capacity of South Africans
to turn adversity into a platform of opportunity. The young
people who emerge from this college are bound to become
leaders in whatever field they work.”
• Dr. Mamphela Ramphele, Chair – Letsema Circle