Company of Entrepreneurs Trust Beneficiaries 2021

Amongst supporters, well-wishers and friends, the 2021 beneficiaries of The Company of Entrepreneurs Trust were formally announced at a glamorous event in the City of London on Wednesday 8th September.

On behalf of the Trustee Board, the Chairman, Mr Lars Andersen, recorded that, thanks to the generosity of Freemen Entrepreneurs, a record £3,500 of grants had been set out for 2021, in support of two very deserving beneficiaries.

Start-Up Sprint is a multi-departmental enterprise programme at the University of East London fostering innovation and entrepreneurship in students. What so impressed the Trustee Board with this application, was that it uses a relatively small grant to provide match-funded feasibility grants (of just a few hundred pounds) to deserving students to help develop and test their start-up ideas. Mr Andersen said “We can often take for granted the support of family, savings, or traditional finance, but for the eventual beneficiaries of this grant, even small amounts can be beyond their means. This blend of financial support – alongside the work being done on the programme by Freemen Entrepreneurs – will make a real difference to these students.”

The University of East London receives a second grant of £1,500 (match-funded by UEL).

Billy Dennis had already demonstrated his entrepreneurial talents in building and running a catering and delivery business following the completion of his A level studies at Fortismere School, Haringey. With the support of the Company of Entrepreneurs Trust, he will go on to study business and marketing at university. The Trustee Board was enormously impressed by Billy’s story and charisma, and Mr Andersen was very pleased, on behalf of the Trustee Board, to confirm the first part of his grant in support of his further studies.

Billy receives a bursary of up to £2,000 to support his continuing business education at Loughborough University.

NOTES

The Company of Entrepreneurs Trust (England & Wales number 1166513) was established in 2016. In keeping with the charitable obligations of the City of London’s Livery Companies, the Trust focusses on financing charities and projects that support the development of entrepreneurs and help to bring the opportunities of entrepreneurship to all.

Entrepreneurship can, and does, make a positive difference to the lives of individuals, communities and society. Small & medium-sized enterprises account for over half of all private sector employment in the UK, and the Company of Entrepreneurs Trust is supporting the education and skills of those who will become the UK’s future wealth creators and employers.

To support the Trust, please contact the Trust Administrator’s Office [email protected]

Applications for 2022 grants should be made online by 30th September at https://guildofentrepreneurstrust.org/beneficiary-applications/

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