Monthly News & Updates

November 2022 Issue

Upcoming

Courses & Events

Intro to Business Cooperatives

Thursday, Dec. 1st - 12pm - 2pm &

Thursday, Dec. 1st - 6pm - 8pm

Friday, Dec. 2nd - 12pm-2pm

BEDC Training Room

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Enterprise Bermuda Accelerator

Alumni Event

Thursday, December 8th

5:30pm-8:00pm

Gosling's Wine Cellar

Learn More


Financial Statements, Planning & Costing Using Quickbooks

March 7, 2023 - June 13, 2023

Sessions Everything Other Week, Tuesdays 6pm-8pm

BEDC Training Room

Learn More

VIEW ALL COURSES & EVENTS

Bermuda Business Spotlight

This month we want to take a moment to highlight Sunset Transport Ltd. Sunset Transport Ltd was awarded the 2022 BEDC Client of the Year award at this year's BEDC Business Awards. BEDC Client of the Year is awarded to the business that has paid off their BEDC loan, is current with their BEDC loan, or has attended all 3 BEDC courses, and has a proven track record for growth! Sunset Transport Ltd. provides airport shuttles, Island tours, corporate transports, event transport, community shuttles, school field trips, and more!


Learn more about Sunset Transport Ltd.!

BEDC Corner with Delight Morris

This month we feature Delight Morris, Deputy Chair of the BEDC Board.


"What excites you about entrepreneurship? I see entrepreneurs as magical way-makers. They conjure up business solutions to problems we may not even yet realize are ACTUAL problems." 

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

Intro to Business Cooperatives

Join us for Introduction to Business Cooperatives. A cooperative is an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled for-profit enterprise. ⁠

WORKSHOP DELIVERABLES:⁠

* Co-op foundational skills & knowledge⁠

* Purpose of a co-op & value to community⁠

REGISTER

Enterprise Bermuda Accelerator Alumni Event

Have you been in business for 3 years or longer? Do you have at least one other employee and at least $100k in annual sales? If so, join us at Goslings Wine Cellars on Dec 8th at 5:30 to learn about the Enterprise Bermuda Accelerator and how we can help your business grow.

RSVP

Financial Statements, Planning & Costing Using Quickbooks

Participants will learn the basics of reviewing and understanding financial statements in this eight-week course facilitated by Colina Outerbridge, the Business Data and Policy Analyst at BEDC. Designed for those who already know what business they want to start but need help understanding how to manage cash flow and how to get started with QuickBooks.

REGISTER

This Month at BEDC / The Highlights

Global Entrepreneurship Week Was a Hit!

InspireCon

On Thursday, November 3rd, attendees joined us for a day-packed lineup of talent, including Arianna Rose & Soleil Laurent, Founders of the Equality Education, Brandon Pankey, Founder of APEX, and Songe LaRon, Co-Founder of Squire. InspireCon is an event series where ideas are born, cultivated, and released to effect change.

Festival of Entrepreneurship

On Friday, November 4th, entrepreneurs joined us as we celebrated the resilience of Bermuda’s small business owners and entrepreneurs. Celebrating resilience was a gathering of like-minded entrepreneurs and community leaders focused on the continual growth and support of Bermuda’s entrepreneurial ecosystem. 

2022 BEDC Business Awards

On November 12th, attendees joined us as we celebrated Bermuda's entrepreneurs' achievements, growth & resilience. This event featured local businesses that were nominated by the public in recognition of their success within the last year and featured Lamone Woods, Managing Partner of Crimson Multimedia and Channel 82, as the event keynote speaker.

2022 Rocket Pitch Competition

12 finalists of the 15th annual Rocket Pitch competition, developed and organized by the BEDC, pitched their businesses before a panel of judges on Tuesday, November 15th in the hopes of winning a share of $42k in cash and services.

Youth Entrepreneurs Social

Attendees, 14-25 years of age, joined us as we brought together Bermuda’s Youngest CEOs for an evening of networking, inspiration and encouragement, featuring Chelsea Warren as the event's keynote speaker. This event aimed to bring together Bermuda’s youth entrepreneurs, budding CEOs, and youth interested in entrepreneurship. 

Next Man Up: Men in Entrepreneurship

On November 17th, Next Man Up was a space for Men in Entrepreneurship & Men in Business to come together, learn and grow as small business owners. Our panel covered work-life balance, the journey into business, entrepreneurship, health & wellness, and more!

Women's Entrepreneurship Weekend Retreat

From November 18th - 20th, we welcomed over 100 women to our Weekend Retreat! They joined us for a weekend of inspiration, empowerment, inclusion and elevation in celebration of women in entrepreneurship. Featuring Sirena Thomas-Moore, Ingrid Pollini & Shi-Vaughn Lee as the event keynote speakers!

Happening in the Community

W.O.M.B Vendor Market

After 2 long years, W.O.M.B [Women who Own and Manage Businesses] hosted their fourth market for female businesses, last night, Wednesday, November 30, 2022, from 6.00 pm to 9:00 pm at Bermuda Athletic Association Gymnasium. The aim was to highlight those enterprising entrepreneurs launching, relaunching, and growing their businesses in a post-pandemic world.

Click for more info!

St. George's Christmas Window Display Competition

The Annual Christmas Window/Storefront decorating contest is “with us again” and the Bermuda Economic Development Corporation (BEDC) is happy to invite you to participate in this event. All entries must be completed by Friday 9, December 2022

For more information and to participate, click below!

REGISTER

October 2022 Advisory Client Meetings & Industry Type

39

Number of New Advisory Clients

21

Number of Existing Advisory Clients

Top Advisory Client Industry Types

14

Wholesale and retail trade and repair service activities

11

Business activities

7

Hotel & Restaurant

Tip & Support Articles

5 Things to Know Before Launching a Freelance Writing Career

Opinions expressed by Entrepreneur contributors are their own. Seven years ago, I closed down my brick-and-mortar business to begin a career as a freelance writer. Like me, millions of people are also moving into the freelancing space. A CNBC report says 4.5 million workers quit their jobs in the U.S.

Read More

How Your Brand Can Thrive Online With Diversified Content

Opinions expressed by Entrepreneur contributors are their own. Keeping your audience entertained in the golden age of multi-platform media has become critical to online success. To accomplish this, you must learn to switch up your branded content and experiment on new and different platforms. Why should you change up your branded content?

Read More

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