Monthly News & Updates

November 2023 Issue

Upcoming Courses & Events

Eat. Shop. Play

Monday, November 27th -

Friday, January 5th

Learn More





EBA Info Session

Wednesday, December 6th

12:30pm - 1:30pm

Online via Zoom

Learn More



VIEW ALL COURSES & EVENTS

Bermuda Business Spotlight

This month we want to take a moment to highlight Silas Corday, also known as DJ Young Si. Silas has recently been recognized with the Most Enterprising Young Entrepreneur Award at the BEDC Business Awards, showcasing his exceptional talent and entrepreneurial spirit. His achievement is not just a personal milestone but also serves as an inspiration for aspiring young entrepreneurs. Great job, Silas; keep up the good work!

BEDC Corner with Talia Simons

This month, we feature Talia Simons, BEDC Board Member.


What trends have you noticed emerging within Bermuda’s Entrepreneurial Landscape? I have noticed a shift, with more people trying to find ways to turn a passion project, hobby, or a side hustle into a full-time, profitable business concept. I have seen more people finding ways to offer things in Bermuda that haven't been offered before.

READ MORE

Mind Your Business Podcast

Tune in to find out how to mind your business with BEDC, special guest entrepreneurs, industry experts and more. This month featured:


Tyka France, ate@8


Ondreyah Rochester & Dennis Carter, BEDC


Ahmani Peets, Ahmani's Cookie Company


Premier David Burt


US Consul General, Karen Grissette & Joyel Crawford

WATCH HERE

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. 

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This Month at BEDC / The Highlights

Rocket Pitch Competition

The Bermuda Economic Development Corporation (BEDC) recently celebrated the start of the 2023 Global Entrepreneurship Week with its 16th annual Rocket Pitch Competition. This event, supported by various sponsors, saw 12 entrepreneurs pitch diverse business ideas, from face painting to a digital hub for special needs. Winners in six categories, including tourism, technology, town, green, youth, and food & beverage, received cash prizes and startup service packages.

Youth Entrepreneurs Summit

The Youth Entrepreneurs Summit brought together the island's youngest entrepreneurs for a day filled with networking, expert advice from successful entrepreneurs, skill-building sessions, and informative discussions. Students benefitted from a range of activities, including keynote speeches, breakout sessions, and panel discussions. The students' attendance, made possible through the generous sponsorship of Argus, provided a valuable platform for young minds to connect and grow in Bermuda's business community.

Festival of Entrepreneurship

The Festival of Entrepreneurship, organized for Bermuda's entrepreneurs and community leaders, recently offered a platform for business networking, expert guidance, and growth opportunities. Attendees engaged with service providers, explored vendor booths, and participated in B2B matchmaking. The event, focusing on enhancing skills and providing funding insights, was a key opportunity for small business owners and aspiring entrepreneurs to learn, connect, and advance their ventures.

Artisan Vendor Market

The Artisan Vendor Market was a full-day vendor event showcasing local crafts, artwork, and food. Alongside established businesses, the market also highlighted young entrepreneurs, including participants from the Kidpreneur Extravaganza, underscoring the diverse and dynamic nature of Bermuda's entrepreneurial community. This event provided a platform for vendors to display their products and engage in networking, all contributing to the growth of Bermuda's small and medium-sized businesses.

BEDC Business Awards

The BEDC Business Awards was a vibrant celebration recognizing the achievements of Bermuda's small and medium-sized businesses, including those in economic empowerment zones. The event featured an awards ceremony highlighting categories like Business of the Year, Entrepreneur of the Year, and Family Business of the Year. Attendees enjoyed an evening of networking, dinner, and entertainment, all contributing to a festive atmosphere that celebrated the island's entrepreneurial spirit.

Women's Entrepreneurship Day Conference & Brunch

The Women’s Entrepreneurship Day Conference, celebrating women in entrepreneurship, featured international and local Bermudian speakers discussing marketing, branding, technology, and finance. The event included a panel discussion on the triumphs and challenges within entrepreneurship, providing insights and expert advice. Attendees also enjoyed networking opportunities and brunch, all contributing to a vibrant atmosphere of empowerment and connection.

Men in Entrepreneurship Conference & Brunch

The Men’s Entrepreneurship Day Conference welcomed a former NFL veteran among its speakers. This event, featuring international and local Bermudian experts, focused on marketing, branding, technology, and finance. It included an engaging panel discussion addressing the triumphs and challenges in entrepreneurship, offering valuable insights and expert advice. The conference provided a unique platform for fostering an atmosphere of empowerment, connection, and shared learning in the entrepreneurial sphere.

Happening in the Community

Lookie Lookie, Dreams Do Come True- Holiday Pop-Up


Step into the enchanting LOOKIE LOOKIE - Dreams Do Come True Holiday Pop-Up at Washington Mall, adjacent to The English Market. Uncover a collection of handcrafted gifts by local artisans, delight in seasonal drinks, and observe the craft of cake-making through live demonstrations.


From November 23 to December 24, 2023, this month-long festivity welcomes you weekdays and weekends starting at 9:30 am until closing. Make your holiday season memorable with a visit to their magical shopping experience.

Debunking Funding Myths with Simon Glass


Join Ignite on Monday, December 4th, from 12:00-1:30 PM at the Ignite Presentation Space, 4th Floor, Argus Building, for the "Debunking Funding Myths" workshop with Simon Glass, CEO of Qodeo.


This engaging session will unveil the truths behind fundraising, guiding entrepreneurs through the complexities of Venture Capital networks and strategies for a successful pitch in the current economic climate. The workshop is also accessible via Zoom (Meeting ID: 833 7999 1232, Passcode: 904774), offering a flexible way to gain these valuable insights.

Clarity - Unleash the Power of Generative AI


Discover the potential of AI with Generative AI Workshops featuring special rates for BEDC members. From foundational skills to advanced applications, these sessions offer a comprehensive AI learning experience.


BEDC members receive discounts of 20-35%. Enroll today and stay ahead in the AI revolution!

LEARN MORE!

BEDC Monthly Product Spotlight

Debt Consolidation Micro-Loan Program

BEDC provides debt consolidation micro-loans to small businesses, capped at $30,000. With $200,000 allocated for this program, it was developed after 3 years of conversations with small businesses. The loan aims to consolidate smaller debts, lower expenses, and improve cash flow.

LEARN MORE
Tip & Support Articles

Craft a Winning Pitch Deck That Wows Investors | Entrepreneur

Developing a great pitch deck is critical for obtaining business funding, with an emphasis on connecting with investors' objectives and preferences while stressing design, clarity and a passionate narrative.

Read More

5 Ways to Create Quick Marketing Wins | Entrepreneur

Marketers are under pressure to create both short-term and long-term successes. Here's how you can create quick wins easily alongside your bigger strategy.

Read More

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