The Network for Teaching Entrepreneurship and Business Dynamics announced plans to merge last year (Third Sector, 28 June 2006), but have since been joined by a third charity, Achievers International.
The trust hopes to benefit from Business Dynamics' expertise in running business programmes in schools and colleges, the network's experience of teaching students to launch their own businesses and Achievers International's web-based enterprise advice programme.
David Millar, chief executive of both the Enterprise Education Trust and Business Dynamics, said: "The world of enterprises was growing, and we were in a position where we could either develop something new ourselves or find a partner who was already providing that service.
"We now have a range of offerings to schools. It's easier for schools and colleges to deal with one organisation that can do everything than with a number of separate ones.
"Merging the charities makes us all more cost-effective, and each charity brings a new dimension to our work."
Millar pointed out that each charity would retain its own identity within the trust, and that the merger was based on mutual decisions.
"It's important to recognise that this is a merger of equal partners rather than a takeover," he said.
Steve Alcock, chief executive of the network, said that the opportunity to join forces had come along at a key point in his organisation's development.
He said: "We were able to use the infrastructure that Business Dynamics had been developing over the past 20 years - and we would have struggled if we had stayed as a stand-alone organisation.
"It is an ever-changing political landscape, and we have to keep pace with a whole range of educational objectives.
"This merger will help us to make sure that all our programmes are meeting the new requirements."