Monthly news & updates
August 2020 Issue
Upcoming
Courses & Events
Managing Retail
Through a Pandemic
Wednesday, September 2nd
Webinar - Register Here
3:30pm - 4:30pm

Planning for Profit
Using Quickbooks
September 14th - November 2nd
Weekly Sessions, Mondays
Multi-Week Course - Register Here
6:00pm - 8:00pm

Small Investments
For a Big Payout
Wednesday, September 16th
Seminar - Learn More
5:30pm - 7:00pm

Think Like an Entrepreneur
September 17th - November 5th
Weekly Sessions, Thursdays
Multi-Week Course - Register Here
6:00pm - 8:00pm
Bermuda Business Spotlight
This month we want to take a moment to highlight Tyun Smith Ming. Tyun has been working tirelessly on his business Drix Organic Medleys. At the beginning of the Enterprise Bermuda Incubator Programme, Tyun began his journey by launching a great line of all natural skin and hair products.

He is now branching out into the organic juice world. The BEDC team has enjoyed testing your products and we're so excited for the public to enjoy them as well. Keep it up Tyun!
This Month at BEDC / The Highlights
Understanding BEDC’s Covid-19 Business Continuity & Sustainability Funding Programme
This Business Sustainability & Continuity Funding Programme is one of BEDC’s key business financing tools created in response to the significant impact of Covid-19 on Bermuda’s local small and medium-sized businesses. We have prepared an explanation video to help you better understand the requirements.
The BEDC Entrepreneurship 101 Course Finishes Strong!
The BEDC Entrepreneurship 101 course was the first of the BEDC multi-week courses to run virtually as a result of Covid-19. While it was a new undertaking for BEDC, everyone involved made the best of the situation. BEDC was eager facilitate the course and the students were still eager to learn.

To celebrate the completion of the course, BEDC put together goodie bags containing locally made treats provided by Ahmani's Cookie Company, Glam Pop, and Bermy Distributors. The bags were graciously delivered to all 42 students by Five Star Home Delivery for Free! We would like to extend a huge thank you to Tracy Pearman and her entire team at Five Star Home Delivery and to all of the local vendors involved. In these unprecedented times, it is great to see our small businesses continuing to provide such great service!

BEDC hopes to continue this practice with all of our upcoming virtual multi-week courses. Even though the format of the courses have changed, we still want our students to be excited about learning all that they can for their businesses to thrive.
Lunch & Learn Webinar:
BEDC Letter of Credit
& EEZ Duty Deferment
BEDC's William Spriggs & Ray Lambert led this webinar to inform attendees about two of BEDC's cost savings programmes, the BEDC Letter of Credit and the EEZ Duty Deferment programme. Attendees learned more about the concessions that are made for businesses in the three Economic Empowerment Zones, how to access these cost savings programmes and how to use them to support their businesses.
Things You
Should Know
BEDC Covid-19 Business Support Page
We encourage you to browse the BEDC Covid-19 Business Support Page on BEDC's website. Here you will find documents, applications, articles & resources that may assist you at this challenging time.
Entrepreneur Article
How To Build A Service That Works For Your Customers 24/7

Because companies like Amazon Fresh and Drizly are making it easier than ever for customers to have what they want at the snap of their finger, other businesses should take notice: because customers are learning they don't want to wait, and don't ...

Read more
www.forbes.com
BEDC Product Brochure
BEDC offers a wide range of products to support Bermuda's entrepreneurs. Our products support the organisation’s key objective to assist the Government in encouraging economic growth for Bermuda’s local small and medium sized businesses.
BEDC Small Business Tool Box
The BEDC Small Business Tool Kit is a great source of information, applications, and resources needed throughout the entrepreneurial journey.
Book An Appointment
Need Further Assistance? Interested in how BEDC can
help you in these challenging times? Want to apply for one
of our products?
Upcoming Webinars & Events
Youth Pitch 2020 is Here!
Now Accepting Applications
Are you 18yrs or younger? Do you have an innovative business idea & want to win Startup Cash & Services? If you're up to the challenge, the Youth Pitch Competition is for you! We are now accepting pitches.

Youth Pitch is a competition where young people pitch their business ideas and compete for amazing cash prizes, startup services and a chance to compete in the Rocket Pitch Competition finals.

How Do I Sign Up?
Create a powerpoint presentation that illustrates your business idea. Send it in and we will contact you to participate in our preliminary judging rounds.

Single Participants or Teams of up to 4 Accepted.You must be in school and 18years and younger to participate.

Submission Deadline:
Friday, September 25th by 5PM
Preparation coaching offered.
Free Webinar: Managing Retail Through a Pandemic
Join us for a FREE Webinar!
Shifting to adjust in a Covid-19 world can make or break your retail business.

Learn tips, tricks, and strategies on how to engage and retain customers in this new landscape.
Meeting of the Minds Deep Dive with Jared Kleinert
BEDC has partnered with Meeting of the Minds for a special two day mastermind event on Sept 26-27. Visit http://www.motm.co/bedc for more information.

Interested in attending? Email Jared directly at [email protected] to get an exclusive rate for BEDC stakeholders which is only $200 (compared to the $499 general admission price).
Join Us as we Celebrate the SSEP Graduates!
The Summer Student Entrepreneurship Programme has come to an end. To celebrate the achievements of the 10 students, BEDC will be hosting a graduation event where the public is invited to come and learn about and view what the students have been working on throughout the summer.

They will be set up from 4pm - 5pm at Hamilton Princess, in the Princess Room for viewing. All are welcome, masks required.
Tip & Support Articles
Why Entrepreneurs Should Prioritize Time Management...

Time has become one of the most assets. With limited amounts of it available, the goal is to find effective ways to manage that time. Although good time management is important for everyone, it's crucial for entrepreneurs. After all,...

Read more
www.forbes.com
How To Succeed In Business By Following Your Passion

We all have passions. Perhaps it's cooking gourmet meals in the kitchen, playing tennis, or doing origami. Whatever it is, we can get pleasantly lost in that activity for hours. What if you can channel that passion into a business, and do...

Read more
www.forbes.com
www.bedc.bm • (441) 292 - 5570 • [email protected]