Monthly News & Updates
March 2021 Issue
Upcoming
Courses & Events
Financial Statements, Planning & Costing using Quickbooks
March 31 - May 26, 2021
Multi-Week Course, Sessions
Every Wednesday
6:00pm - 8:00pm

Instagram: Your Non-Negotiable Social Media Platform
Wednesday, March 31, 2021
12:30pm - 1:30pm
Webinar - Register Today

Business Valuation:
Navigating Covid & Beyond
Wednesday, April 7, 2021
12:30pm - 1:30pm
Webinar - Register Today
Bermuda Business Spotlight
Michelle White of Executemps has shown a great deal of resiliency. She owns a business that provides temporary staff, work permits, audit and processing, general administrative services and consultancy services. Michelle continues to push forward, and pivot, allowing her business to thrive despite the pandemic. Keep it up Michelle!
This Month at BEDC / The Highlights
Relief Continues: BEDC Covid-19 Emergency Relief Grant
The BEDC is providing short-term emergency grant relief to bars, nightclubs, members clubs, and restaurants economically impacted negatively by the most recent Public Health Closure notice issued by the Ministry of Health.

BEDC has set aside a total of $1M out of the $12M in Covid-19 funding support provided by the Government for this emergency relief. As is the case with all BEDC financial products, applications will be reviewed, and funds provided based on need.
Starting & Growing a Business
On March 10th, BEDC hosted a webinar where attendees learned what it takes to start and grow a business and strategies for sustainability. 

Topics included:

- Pivoting in a Covid-19 world.  
- Where and why to start a business
- Navigating challenges, 
- When to call it quits and start again
Leveraging the GIG Economy
On March 24th, BEDC hosted a webinar about this new economy and how entrepreneurs are using technology to increase their workforce while reducing their overhead.

Featured Panelists:
Craig Simmons - Economist and Bermuda College Lecturer
Fanon Khaldun – Owner, Hook
Carl Vincent – Owner, DropIt Delivery
Catarina Rocha – Owner, Ela Group of Companies
Ellan Smith – Owner, Uniquely Yours
Kori Hypolite – Owner, Equilateral Studio
James Matthews – Co-Owner, EverForward Digital

Things You Should Know
BEDC Covid-19 Business Support Page
We encourage you to browse the BEDC Covid-19 Business Support Page on BEDC's website. Here you will find documents, applications, articles & resources that may assist you at this challenging time.
Entrepreneur Article
What Your Morning Routine Is Missing

Many don't realize this, but when we first wake up in the morning, we are in a unique state of mind. Our hormone levels are high and our minds are operating with theta waves.

Read more
www.entrepreneur.com
BEDC Product Brochure
BEDC offers a wide range of products to support Bermuda's entrepreneurs. Our products support the organisation’s key objective to assist the Government in encouraging economic growth for Bermuda’s local small and medium sized businesses.
BEDC Small Business Tool Box
The BEDC Small Business Tool Kit is a great source of information, applications, and resources needed throughout the entrepreneurial journey.
Book An Appointment
Need Further Assistance? Interested in how BEDC can
help you in these challenging times? Want to apply for one
of our products?
Register Your Business with BEDC
Register your small or medium sized business with BEDC today to receive access to resources and to apply for products.
Upcoming Webinars & Events
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 whom need help understanding how to manage cash flow and how to get started with QuickBooks . QuickBooks software included upon completing the course.
Instagram: Your Non-Negotiable Social Media Platform
The training you need to take your Instagram to the next level!

Learn how to: 

- Utilize the Instagram platform
- Leverage your business
- Grow with this interactive workshop

When? March 31st, 2021 / 12:30pm - 1:30pm
Where? Via Zoom 
Business Valuation: Navigating COVID & Beyond
Join us to learn how to measure, grow and harvest the value of your business. Valuation services play an important role in meeting accounting and regulatory compliance requirements.

This webinar will provide an overview of the challenges with valuing businesses.
Happening in the Community
Learn More About The 
WeHealth Bermuda App
To aid Bermuda in closely monitoring the local developments of the Coronavirus (COVID-19), the Government has launched WeHealth Bermuda, a new, free smartphone application that provides anonymous COVID-19 exposure notifications. It is one of the most sophisticated apps available anywhere in the world for helping to control the spread of COVID-19.

Download the WeHealth Bermuda app in either the Apple App Store or Google Play Store.
HSBC Webinar: Fraud, scams and cyber attacks
Criminals continue to exploit opportunities to commit fraud and trick their victims through different scams. The best defence against these types of attacks is to know the warning signs and ensuring your team is ‘fraud aware’ to protect you and your business.

Join our team of experts as they review the most recent scams, techniques and warning signs to look out for, as well as what controls you can put in place.
Models of Small Businesses in Bermuda during Covid-19
One of our former students, Charlene Grant is conducting research for her Masters’ Degree at the University of Liverpool. Her dissertation is on business models of small businesses in Bermuda during Covid -19. Please assist her by completing the short survey.
Tip & Support Articles
These 10 Apps Can Help You Save Precious Time While...

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Entrepreneurs...

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www.entrepreneur.com
4 Decisions That Will Increase Your Revenue and Business ...

The Internet and social media have been amazing for entrepreneurs but have also created a shortsighted view of what it means to build a business. The online spaces tend to...

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www.entrepreneur.com
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