Monthly News & Updates

July 2022 Issue

Upcoming
Courses & Events

Processing Online Payments in Bermuda

Wednesday, August 4th, 2022

Virtual

Learn More


Winding Down: How to Properly Close Your Business

Thursday, September 22nd, 2022

Virtual

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Entrepreneurship 101

Multi-Week Course

October 11th - January 18th

Learn More


VIEW ALL COURSES & EVENTS

Bermuda Business Spotlight

Zen Mello, owner of Zenimations, has recently been accepted into the 5th cohort of BEDC’s Summer Summer Student Entrepreneur Program, an eight-week program designed to develop young Bermudians into the Island’s next wave of entrepreneurs. Zenimations provides exciting animated videos for his customers for whatever they need. Whether a commercial, a music video, or a short gif, they can create anything for anyone. Keep up the great work Zen, we can't wait to see how your business grows!


Learn more about Zenimations!

BEDC Corner with

Erica Smith

This month we feature Erica Smith, Executive Director of BEDC.


What role does entrepreneurship play in the future of Bermuda? "If each of us stop for a minute to consider how we personally engage with entrepreneurs and businesses daily...."

CLICK TO READ MORE

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

eProcessing Online

Payments in Bermuda

As a small business owner, you may not be aware of what’s actually going on when you accept a payment via your online store. However, the mechanisms behind online payment processing is something that you should be aware of. Join us to find out more about how online payment processing works and how it operates differently in Bermuda. 

REGISTER

Winding Down: How to

Properly Close Your Business

Businesses close for a number of reasons. No matter why, all business owners must undertake a number of steps before closing their doors.This webinar will help you assess if closing is the right decision and take you through how to complete the process with grace, while keeping your legal and tax obligations in mind.

REGISTER

Rocket Pitch Boot Camp 

Festival of Entrepreneurship

BEDC Business Awards

Rocket Pitch Competition

Women's Entrepreneurship Weekend Retreat

International Fisher's Day

Black Friday

Small Business Saturday

Cyber Monday

November 1st

November 4th 

November 12th 

November 15th 

November 18th - 20th

November 21st 

November 25th 

November 26th 

November 28th

This Month at BEDC / The Highlights

Enterprise Bermuda Program Off to a Great Start

Enterprise Bermuda has officially begun. Over the next 12 months BEDC and Incubation Lead, Nikki Fagan, will guide the 5th cohort through the business development process, which ensures the entrepreneurs get beyond the idea stage and start to bring their businesses to fruition. On July 14th, BEDC celebrated the success of the 4th cohort and welcomed in the 5th cohort at a dinner reception held at the Fourways Inn. We are looking forward to helping all of the businesses thrive. 

Summer Students Launch Businesses at Meet & Greet

On Friday, July 22nd, the BEDC hosted a Meet & Greet on the City Hall Lawn for its Summer Student Entrepreneur Program. Students introduced their businesses to the community and gained valuable experience selling and promoting their goods and services. The Honorable Jason Hayward, JP, MP, joined the students on the lawn to impart words of encouragement and inspired our young people to learn and succeed through enterprise. 

Bermuda Business Review

In the 2022-23 edition of the Bermuda Business Review, Erica Smith, Executive Director of the BEDC, discusses the post-COVID opportunities small and medium sized enterprise can take advantage of. She states, “As leaders in Bermuda contemplate what life can be like post-COVID, the Bermuda Economic Development Corporation (BEDC) has identified the following areas of opportunities for entrepreneurs and business owners to seize“


READ MORE

Happening in the Community

Opportunity to Advertise Your Business on Hott/Magic


Hott/Magic radio stations are offering a fantastic package deal for small & medium sized business owners.


The package is being offered for $500 and you business will receive a variety of great value products such as, Live interviews, radio adverts, production, sponsorship space and more. Follow the link below to learn more. 


Read More

Buna Gallery and Coffee House - Vendors Market


Buna Gallery and Coffee House is hosting a vendor market every Saturday and Sunday for the month of August. Those who have businesses in the specified categories should reach out to danazhyon@gmail.com


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QuickBooks Desktop & Online Training Session


Abacus is offering a QuickBooks Desktop & Online Training Session in the month August, and we are offering 15% off special to all BEDC members that register. Their QB Online Fundamentals Course is on August 17th at 10am AST and the QB Desktop Next Steps course is on August 18th at 10am AST. 



Click to Register

The Bermuda Library is Seeking Vendors for Books, Bits & Beverages


The Library Association of Bermuda is hosting  an event on Saturday, 1 October 2022 from 6:30-8:30 pm to raise funds for the Association for the purposes of professional development, financial support for those pursuing the field of library science, increase programme offerings in the community and raise awareness of the role and benefits of libraries in Bermuda. They would like to invite interested small business to participate in the event; for more information and to register your interest please email: librarybda@gmail.com.


Read More

Mocktail Market Research Survey


Vida Fusions, a newly accepted Enterprise Bermuda incubatee, is looking for some feedback on their business! Vida Fusions is a Bermudian brand which was crafted to connect and bring people together, with one jiggle, one pour and one explosive shimmer at a time. They supply ready-to-drink mocktails, CBD infused and alcohol beverages along with their own syrups.


Fill Out Survey

2021 Advisory Client Meetings & Industry Type

613

Number of New Advisory Clients

404

Number of Existing Advisory Clients

Top Advisory Client Industry Types

223

Wholesale and retail trade and repair service activities


156

Hotel and restaurant


138

Community, social and personal service activities


Tip & Support Articles

Creativity Means Productivity. Here Are 3 Practices That Boost Both.

Although staying organized, mission-driven and efficient are the cornerstones of productivity, nothing says those pillars have to come at the cost of creativity. In fact, creativity is an increasingly valuable asset in the workplace, both individually and as a team.

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
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