Monthly News & Updates

September 2022 Issue

Upcoming

Courses & Events

Somerset Incubator Hub Open House

Tuesday, October 4th, 2022

4:00pm-7:00pm

68 Somerset Road, Sandys

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St. George's Incubator Hub Open House

Thursday, October 6th, 2022

4:00pm-7:00pm

11 Water Street, St. George's

Learn More


Entrepreneurship 101

Multi-Week Course

October 11th - January 18th

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Understanding Financial Statements

Wednesday, October 19th, 2022

5:30pm-7:30pm

North East Hamilton Incubator Hub

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Power Up with Web 3.0

Friday, October 28th, 2022

2:30pm-5:00pm

Hamilton Princess Hotel & Beach Club 

Learn More

VIEW ALL COURSES & EVENTS

Bermuda Business Spotlight

Nioka Francis, Owner of Blue Lily Consulting, joined the 5th cohort of the Enterprise Bermuda program, a twelve-month incubation program to support local entrepreneurs and the development of their businesses. Blue Lily Consulting is trained to counsel clients in matters such as end-of-life goal setting, cost saving, overall well-being, positive living, and healthy relationships. Specializing in assisting individuals to recognize the importance of putting their end-of-life affairs in order before they can't do it for themselves. Keep up the great work, Nioka; we can't wait to see how your business grows!


Learn more about Blue Lily Consulting!

BEDC Corner with Craig Tyrrell

This month we feature Craig Tyrrell, BEDC Board Member.


What role does entrepreneurship play in the future of Bermuda? Small businesses are the key to any economy. The entrepreneur mentality of owning and developing an idea and then monetizing it is critical to developing a community of entrepreneurs.

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Book an Appointment

Interested in how BEDC can help you in these challenging times? Want to apply for one of our products? All appointments are completely confidential and complimentary. Book a free consultation with one of our officers today!
BOOK NOW

BEDC How-To Guides

Are you looking to start a business in Bermuda but don't know where to begin? Let our How-To Guides help you! BEDC has curated a host of industry specific guides that outline specific information, requirements and the necessary processes for getting your business off the ground. 
LEARN MORE
Upcoming Webinars & Events

Enterprise Bermuda Accelerator. Apply Now!

BEDC has been working to create three new locations within the three economic empowerment zones, where entrepreneurs can learn, collaborate, experience and grow. We invite you to view the new Somerset Incubator Hub. Come take a tour, talk with our BEDC officers, learn about the Enterprise Bermuda program and explore the place where your business idea can come to fruition.

APPLY NOW!

Somerset Incubator Hub:

Open House

BEDC has been working to create three new locations within the three economic empowerment zones, where entrepreneurs can learn, collaborate, experience and grow. We invite you to view the new Somerset Incubator Hub. Come take a tour, talk with our BEDC officers, learn about the Enterprise Bermuda program and explore the place where your business idea can come to fruition.

LEARN MORE

St. George's Incubator Hub:

Open House

BEDC has been working to create three new locations within the three economic empowerment zones, where entrepreneurs can learn, collaborate, experience and grow. We invite you to view the new St. George's Incubator Hub. Come take a tour, talk with our BEDC officers, learn about the Enterprise Bermuda program and explore the place where your business idea can come to fruition.

LEARN MORE

Rubber Tree Market Grand Opening

Come to the grand opening of the Rubber Tree Market! Get fruit & vegetables, clothing and more. Enjoy food, fun and entertainment for the entire family and win great raffle prizes! Saturday, October 8th at the Rubber Tree in Warwick (Warwick Post Office parking lot) from 11am – 6pm.

Are you interested in vending at the Rubber Tree Market Grand Opening? Sign up Below!

APPLY TO VEND!

Understanding Financial Statements

Join us for a hands-on workshop that will boost your financial proficiency. Learn how to accurately interpret financial data and discover how to use your knowledge to make solid financial decisions in this financial statement for small business workshop.

LEARN MORE

Power Up with Web 3.0

Web 3.0 is the future of the internet, where users own their data. It is fully decentralized and public, existing solely on  blockchain technology. This new technology could prove to be helpful, especially for startups and entrepreneurs. However, understanding what it is and how it works is crucial. What are the pros and cons? How can and should entrepreneurs and startups leverage web 3.0 technology?

LEARN MORE

Calling All Entrepreneurs! It's almost time for Global Entrepreneurship Week in Bermuda! Save the Date(s), Get Excited & Stay Tuned. Exciting things to Come for November 2022! Visit www.gew.bm to learn more about all of the upcoming events. 

Rocket Pitch Boot Camp 

InspireCon

Festival of Entrepreneurship

BEDC Business Awards

Rocket Pitch Competition

Youth Entrepreneurship Social

Next Man Up | Men in Entrepreneurship Social

Women's Entrepreneurship Weekend Retreat

International Fisher's Day

Cyber Monday

November 1st

November 3rd 

November 4th 

November 12th 

November 15th 

November 16th

November 17th

November 18th - 20th

November 21st 

November 28th

This Month at BEDC / The Highlights

North East Hamilton Incubator Hub Open House

On September 29th, BEDC celebrated the opening of the North East Hamilton Enterprise Bermuda Incubator Hub with a ribbon-cutting ceremony to officially open the space. We invited the public to take a tour, talk with our BEDC officers, and explore where business ideas can come to fruition.

Winding Down: How to Properly Close Your Business

Attendees joined a panel discussion moderated by Donte Hunt, BEDC, with panelists Robert Cowie & Marthinus Dreyer of Deloitte and Orchid Lee & Heidi Roque of Spencer West, where they learned how to assess if closing is the right decision and were taken through how to complete the process with grace while keeping their legal and tax obligations in mind.

WATCH HERE

August 2022 Advisory Client Meetings & Industry Type

44

Number of New Advisory Clients

30

Number of Existing Advisory Clients

Top Advisory Client Industry Types

20

Wholesale and retail trade and repair service activities

19

Community, social and personal service activities

9

Hotel and Restaurant

Tip & Support Articles

4 Ways To Crush Your Growth Marketing Goals

Whether you've been implementing growth marketing for a while or are new to the practice, you want to succeed. No one likes to miss a goal post. In business, the stakes are high. Not meeting your targets could lead to disappointed stakeholders, future resignations and financial losses.

Read More

3 Types of "No" Every Entrepreneur Should Learn (and How to Thrive From Rejection)

Opinions expressed by Entrepreneur contributors are their own. Rejection can be powerful. The word "no" serves a special purpose in business and especially in entrepreneurship. Every founder and innovator has heard it, probably thousands of times. If approached with the right mindset, "no" can be a guiding force to propel a business forward.

Read More
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