BEDC Corner with
Erica Smith
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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...."
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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!
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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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Upcoming Webinars & Events
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eProcessing Online
Payments in Bermuda
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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.
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Winding Down: How to
Properly Close Your Business
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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.
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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
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November 1st
November 4th
November 12th
November 15th
November 18th - 20th
November 21st
November 25th
November 26th
November 28th
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This Month at BEDC / The Highlights | |
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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. | | |
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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. | | |
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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
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Happening in the Community | |
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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.
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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 [email protected]
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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
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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: [email protected].
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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
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2021 Advisory Client Meetings & Industry Type | |
613
Number of New Advisory Clients
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404
Number of Existing Advisory Clients
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Top Advisory Client Industry Types | |
223
Wholesale and retail trade and repair service activities
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138
Community, social and personal service activities
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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. | | | | |
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. | | | | | | | | |