Monthly News & Updates

October 2023 Issue

Upcoming Courses & Events

Rocket Pitch Competition

Thursday, November 16th, 2023

6:00pm - 9:00pm

Pier Six Complex

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Youth Entrepreneurs Summit

Friday, November 17th, 2023

11:00am - 3:00pm

Pier Six Complex

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Festival of Entrepreneurship

Friday, November 17th, 2023

6:00pm - 9:00pm

Pier Six Complex

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BEDC Business Awards

Saturday, November 18th, 2023

6:00pm - 10:00pm

Pier Six Complex

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Women's Entrepreneurship Day Conference

Sunday, November 19th, 2023

11:00am - 5:00pm

Pier Six Complex

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Bermuda Business Spotlight

This month we want to take a moment to highlight John Lee of Sound Concepts Ltd. John recently graduated from the Enterprise Bermuda Accelerator, a six-month intensive program that supports small and medium-sized business owners to help them scale their businesses. Sound Concepts Limited is a Full-Service Event Management and Production company with over 35 years of experience based in Bermuda. We're really looking forward to seeing how much further John and his company can go after this boost from the EBA. Great job, John, and keep up the good work!

Learn more about Sound Concepts Ltd.

BEDC Corner with Regina Ferguson

This month, we feature Regina Ferguson, BEDC Board Member.

What excites you about entrepreneurship? Entrepreneurship excites me because it is the birth of an idea. It is a dream being realized that fills the need of the market in a way that has yet to be seen.


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:

Camilla Macpherson, FedEx

Rakeem DeShields, The Factory

Camily Lovell, Strange Bird

Colina Outerbridge & Deshun Simmons, BEDC


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. 


This Month at BEDC / The Highlights

Data Privacy in Action

On October 11th, attendees joined the “Data Privacy in Action” seminar in partnership between the BEDC and the PATI/PIPA Unit, The Cabinet Office.” Attendees learned about key topics such as understanding data privacy laws, the business value of privacy, and seven best practices. The workshop was facilitated by Jarell Oshodi Esq, CIPP/US, CIPM.


Shipping Smarter Webinar

On October 12th, attendees joined the Shipping Smarter webinar to master essential shipping strategies. They familiarized themselves with Bermuda's shipping regulations and discovered methods to reduce costs. Additionally, attendees learned troubleshooting techniques for common logistical challenges. There was also advice from FedEx so that attendees could sharpen their competitive edge in the marketplace.

The Wave of Opportunity: People's Choice Award

After an electrifying main competition event on September 28th and an engaging public voting period spanning two weeks, the Global Atlantic Re foundation, in collaboration with the Bermuda Economic Development Corporation (BEDC, is thrilled to announce Gavin Carter of Gavin's Butter as the winner of the People's Choice Award. Gavin is the recipient of a $25,000 grant that will empower him to elevate his business!


Global Entrepreneurship Week is right around the corner!

Join us from November 16th-19th for GEW Bermuda. Unleash potential, connect with innovators, and prepare for an unforgettable November 2023!

Happening in the Community

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Kidpreneur Extravaganza

Join the ‘Kidpreneurs Extravaganza,’ a unique Kids Market where young entrepreneurs showcase and sell their innovative products and services. This event is an exciting opportunity for kids to unleash their creativity and entrepreneurial spirit, offering a peek into the variety of offerings—from handmade crafts to creative services—all crafted with passion and enthusiasm by our talented young participants. Don’t miss out on this one-of-a-kind event that celebrates the budding talents of our future business leaders!

Mark your calendars for this Saturday, November 4, 2023, at Discovery Hall, Cedarbridge Academy, from 10 AM to 3 PM.

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.

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.

Tip & Support Articles

5 Critical Lessons I Learned Turning My Side Hustle Into a Million-Dollar Business | Entrepreneur

These tried-and-true tips will save you time, scale your business, and make you money.

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Trust Should Be the Foundation of Your Business - Here's How to Earn It. | Entrepreneur

Here are five areas entrepreneurs and business leaders should tackle and invest more in to fuel a reputation for being incredibly reliable, which will help you drive greater customer trust, loyalty and success.

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