Did you miss the live podcast? Watch our latest episode, where Kelsea sits down with Kristen Carreiro, Founder of Modblu. Discover how her boutique empowers women of all sizes to feel confident with inclusive fashion and lifestyle products. Watch here https://lnkd.in/d_qYDBER!
Bermuda Economic Development Corporation
Government Relations Services
Hamilton, NA 1,013 followers
Supporting New & Existing Businesses | Education, Guidance, Advocacy, Networking, Financing and More
About us
The Bermuda Economic Development Corporation (BEDC) was established in 1980 as the Bermuda Small Business Development Corporation. This joint venture between Bermuda’s banks and the Government was formed to actively assist the development of a strong, well managed and prosperous small business sector in Bermuda. In 2011, the BSBDC Act was amended to expand its remit. As a result the BSBDC changed its name to BEDC to encompass its expanded legislation. Under the new legislation the Corporation performs the following functions: the granting of loans or other forms of financial assistance, to assist persons in establishing, carrying on or expanding small businesses, medium-sized businesses and entities within economic empowerment zones; the provision of technical advice or assistance to persons who are seeking or who are granted financial assistance; to operate and manage markets; to oversee and manage the development and implementation of the economic empowerment zones; and the maintenance of a Register of Small Businesses, Medium-Sized Businesses and Economic Empowerment Zone Business Entities, Defining a “Small Business” Under the BEDC Act 2011, a “Small business” is defined as: Bermudian – owned and managed, operating locally, having an annual gross payroll not exceeding five hundred thousand dollars ($5000,000) and having annual sales revenues of less than one million dollars ($1,000,000). Defining a “Medium Sized Business” Under the BEDC Act, a “medium sized business” is Bermudian owned & owner operated – business enterprise with at least three of the following attributes: Gross annual revenues between $1 million and $5 million Annual payroll between $500K and $2.5 million A minimum of 11 and a maximum of 50 employees In operation for a minimum of 10 years Net Assets of less than $2.5 million
- Website
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http://www.bedc.bm
External link for Bermuda Economic Development Corporation
- Industry
- Government Relations Services
- Company size
- 2-10 employees
- Headquarters
- Hamilton, NA
- Type
- Government Agency
- Founded
- 1980
Locations
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Primary
Get directions
48 Church Street
1st floor
Hamilton, NA HM 12, BM
Employees at Bermuda Economic Development Corporation
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Jamillah Lodge
Communication & Development Director at Bermuda Economic Development Corporation
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Shivani Seth
International Style Consultant | Business Podcaster
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Keitha Caines (Trott), MBA, CPA
Accounting | Bookkeeping | Organizational Leadership | Payroll | Business Administration | Budgets | Finances
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Richard Augustus
Technology Professional
Updates
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81% of consumers need to trust a brand before buying. Trust starts with a compelling name. Discover the psychology behind effective brand naming and learn how emotions and storytelling can make a difference. Click here to read more: https://lnkd.in/gyUfRNVh.
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Tune in to today’s Mind Your Business - https://lnkd.in/d_qYDBER. On this week's episode, Kelsea sits down with Kristen Carreiro, Founder of Modblu. Discover how her boutique empowers women of all sizes to feel confident with inclusive fashion and lifestyle products.
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Are you a creator looking to diversify your revenue streams? With the pressures of inflation squeezing ad revenues, now's the time to explore new income opportunities. Discover how strategic diversification can enhance engagement and boost your business. For essential tips on staying competitive and meeting evolving audience needs, click https://lnkd.in/e7Ww6jfF.
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Did you miss the live podcast? No worries! Watch our latest episode, where Kelsea talks with Kendal Trott of Content Space BDA. Discover how his business allows creatives and individuals to create and perfect their content to professional audio and visual standards. Watch here https://lnkd.in/e3GeYyXb.
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Are you ready to take control of your business finances? Join the QuickBooks 101 course and master QuickBooks Online from the ground up! This four-week program is ideal for small business owners, entrepreneurs, and anyone looking to streamline their accounting processes. . Classes will be held at the BEDC Main Office from August 13th to September 3rd, every Tuesday from 6 pm to 8 pm. The course fee is $350 for BEDC Members and $375 for the General Public. . For more information and to register, click https://lnkd.in/e7HvVedY.
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Tune in to today’s Mind Your Business - https://lnkd.in/e3GeYyXb. On this week's episode, Kelsea talks with Kendal Trott of Content Space BDA. Discover how his business allows creatives and individuals to create and perfect their content to professional audio and visual standards.
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We all make mistakes as business owners, but in a competitive environment, avoiding common pitfalls is crucial. With 5 million new business applications in 2022, staying ahead is vital. Learn from my 10 years of agency experience and avoid these pain points. Click here to gain an advantage: https://lnkd.in/gF3m39zW.
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The BEDC, in partnership with the Global Atlantic Financial Group, is thrilled to announce that applications for the Wave of Opportunity Pitch Competition are now open! With grants totaling $125,000 annually, this is an incredible opportunity for Bermuda’s entrepreneurs. . Apply now for a chance to win one of five $25,000 grants in one of three categories: Local Industry Innovators, Youth Entrepreneur (16-25), and People’s Choice Award. For more info and to apply today, visit https://lnkd.in/e-AUTE5n.
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