All members of the Guild, both men and women, are known by the traditional title of Freeman.
Membership – the Freedom of the Guild – is formally granted at a Freedom Ceremony which family, friends and business associates can attend.
Prospective members of the Guild will either be known to and proposed by two members or can come along to one of our informal meet-ups at which they can meet members and arrange for sponsors to support their application. The Guild hosts an informal event at the London Capital Club on the second Tuesday of every month, where prospective members, or anyone interested in learning more about the work of the Guild can come along and meet existing Freemen.
Freemen of the Guild demonstrate that they:
- Are engaged in verifiable successful entrepreneurial activity as specifically defined: “An entrepreneur will have identified new market opportunities, sourced and organised the required people and resources, and experienced both the risks and rewards associated with such ventures”.
- Have a connection with the City of London and a desire to support the Mayoralty and the Corporation’s objectives as an economic area.
- Have a desire to support future generations of entrepreneurs through mentoring, education and outreach activities.
- Are willing to contribute to the promotion of excellence in entrepreneurship through thought leadership, awards for students and the promotion of higher standards in business among other academic and philanthropic activities.
Becoming a Freeman Entrepreneur
You can download an application form below. This application form should be sent to the Membership Committee. Once the Membership Committee has received your application, they will usually ask you to attend an interview prior to making a recommendation to the Court (the Guild’s governing body) as to whether you should be admitted as a Freeman of the Guild.
If your application is successful, the Clerk will invite you to a Ceremonial Court for your Freedom Ceremony (the formal admission). Freedom Ceremonies are held in February, April, June, September and November.
Fees and Financial Commitments
The Freedom Fine (a one-off joining fee), which is payable upon approval for admission as a Freeman, is currently £350.
The Quarterage (annual subscription – historically paid in quarters, but now paid just once a year) for all Freemen is currently £350.
A core commitment of Freeman Entrepreneurs is to support the Guild’s charitable activities and the most tangible way to do this is to make a regular donation to the Guild of Entrepreneurs Trust. Typically, a Freeman would be expected to donate around £15 a month – many donate more, depending on circumstances of course.