Monthly News & Updates

June 2022 Issue

Courses & Events

Summer Student Entrepreneur Program Launch!

Friday, July 22nd, 2022

City Hall Lawn

Entrepreneurship 101

Multi-Week Course

October 11th - January 18th

Social Media for Small

Business with Mikaela Ian

Virtual Workshop

Monday, July 4th | 6pm

Learn More


Bermuda Business Spotlight

Kisha Tyrrell of Enzuri Beauty has recently been accepted into BEDC’s Enterprise Bermuda program, a twelve-month incubation program to support local entrepreneurs and the development of their businesses. Enzuri Beauty is a lifestyle brand that encourages the wellness of skin, body, and spirit by offering a carefully curated, luxurious skincare collection that combines powerful active ingredients of natural origins to improve the quality of your skin. Welcome to the program Kisha, we can't wait to see how your business grows!

Learn more about Enzuri Beauty!

BEDC Corner with

Jache Adams

This month we feature Jache Adams, Chairman of the Board.

What excites you about entrepreneurship? "I love watching Bermudians produce innovative solutions to common problems or discover ways to make a proven business model even better."


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!

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. 
Upcoming Webinars & Events

Social Media for Small Business Workshop

What if you could learn how to use social media effectively so that it only takes a few minutes a day? That’s exactly what you’ll learn in this value packed, no fluff 90-minute training happening on Monday, July 4th at 6pm AST designed to teach you the basics of social media and give you a simple strategy that works for your business


Summer Student Entrepreneur Program Launch Event

Meet us on the Lawn of City Hall on July 22nd to get to know the 2022 participants in BEDC's annual Summer Student Entrepreneur Program. Each of the participants have joined the program to start their own business for the duration of the summer in hopes of beginning their entrepreneurial journey and gaining the skills needed to  build a lasting business that they can run even when the program is done. Join us on the lawn where their journey begins!

This Month at BEDC / The Highlights

32 Entrepreneurs Accepted into Enterprise Bermuda Program

The Enterprise Bermuda program has officially begun! The twelve-month incubation program supports local entrepreneurs and the development of their businesses. This year, with the expansion into the three EEZ's BEDC accepted 32 business into the program. Over the next 12 months BEDC and the Enterprise Bermuda Incubation Lead, Nikki Fagan of The Brand Lion, will guide them through the development process, which ensures the entrepreneurs get beyond the idea stage and start to bring their businesses to fruition.

A New Partnership is Formed with UN Women and the United Nations Development Program

BEDC in conjunction with the Government of Bermuda and the United Nations have launched the joint program, "Building Back Equal through Innovative Financing for Gender Equality and Women’s Empowerment." All entities will collaborate to to close the business financing gaps that particularly affect women, the youth, and people living with disabilities.


BEDC's Erica Smith Participates in Youth Town Hall Meeting

Following the recent announcement of Bermuda’s Youth Employment Strategy, Minister Jason Hayward hosted a Town Hall Meeting on June 23. The Minister was joined by Department of Workforce Development Director, Malika Cartwright, and BEDC's Executive Director, Erica Smith. The town hall was an opportunity for the public to ask questions and gather information on how the Youth Employment Strategy will support our youth in developing the ability to guide and lead our country's path into the future.

BEDC Helps to Facilitate Cyber Security Webinar Series

We were thrilled to join this collaboration and deliver this series of 9 webinars over nine months. The webinar series provided our stakeholders with valuable information about the importance of cybersecurity, its associated benefits and potential threats. During and after the pandemic, many entrepreneurs had to rely on the Internet to maintain a connection with their customers. Therefore, having industry experts provide advice, tips, and guidance on what to do to protect business and customer information was timely and necessary. READ MORE

2 Years of Support to MSME's During Covid (April 2020 - April 2022)


Product Approvals


Funding Given


Loan Guarantees Approved


Loan Guarantee Funding Given


Micro-Loans Approved


Micro-Loan Funding Given


Covid Emergency Grants Approved


Covid Emergency Grants Funding Given


Covid Emergency Combination Loan/Grants Approved


Covid Emergency Combination Loan/Grants Funding Given


Covid Guaranteed Loans

and Overdrafts Approved


Covid Guaranteed Loans

and Overdrafts Funding Given

Tip & Support Articles

5 Lessons on Life as an Entrepreneur That You Don't Learn in School

As we focus on continuing to elevate entrepreneurs from all parts of the world and from all backgrounds, I'm reflecting a lot on how nontraditional entrepreneurs can realize their dreams. Sometimes that means unlearninglessons we were taught in school. On the day you graduate and enter the professional world, there is no instruction manual waiting for you.

Read More

How to Find Your

Startup's Niche

Opinions expressed by Entrepreneur contributors are their own. When you're a young startup with promising technology, capturing the interest of a lot of different industries is a great boost. However, it brings a new set of problems. There's no surer way to dilute your brand and burn through your capital than to spread yourself too thin across multiple sectors.

Read More • (441) 292 - 5570 •
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