Hamilton, Bermuda 20 September 2022 – The Bermuda Economic Development Corporation (BEDC) is now accepting applications for its accelerator programme – the Enterprise Bermuda Accelerator. This six-to-seven-month intensive programme provides support to small and medium sized business owners to help them scale their businesses. Utilizing the award-winning StreetWise ‘MBA’TM curriculum and a facilitated peer-learning method, entrepreneurs will receive hands-on training, networking, and industry support to help them scale their businesses.
The Accelerator will support business owners who have been in business for over three years, have at least one full-time employee besides the owner and earn a gross annual revenue between $100 thousand and $5 million. During the seven-month period participants will receive tools to help advance their business acumen, financial management, marketing and sales strategies, human resource tactics, business strategy development and strategies to access capital and develop contracts.
“If you are an entrepreneur and are looking for a way to scale or grow your seasoned business then the Enterprise Bermuda Accelerator programme is for you, states Jamillah Lodge, BEDC’s Director of Communications and Development. She continues, “Supporting businesses that are ready to scale is going to be key in helping to boost economic recovery in Bermuda. Through this programme we are investing into the local business infrastructure by providing access to a proven curriculum.”
The BEDC has partnered with the private sector to provide successful applicants with access to top industry experts to help deliver the curriculum and establish broader networking opportunities.
“For the past four years, we have been proud to partner with The Bermuda Economic Development Corporation (BEDC) to bring the networks, knowledge, and know-how of our programming to the business community,” said Interise CEO Darrell Byers. “As small businesses continue to recover from the pandemic, it is imperative to support their recovery – this program does that. Small business recovery and growth directly affects local job and wealth creation and therefore, affects the overall economic recovery.”
The Enterprise Bermuda Accelerator starts on Thursday, October 27th, 2022, and will run bi- weekly on Thursdays for 13 sessions over seven months. This innovative award-winning programme is designed specifically for established small and medium business owners, as well as non-profit managers. It is a great way to focus your goals, maximize your time, and make a big leap forward.
Interested business owners can apply online at by clicking https://programs.interise.org/bedc/#lp- pom-box-134. On, Monday, September 26th, interested entrepreneurs can attend a virtual information session to learn more about the program, meet the Facilitator, Program Manager and network with previous graduates and business owners that have successfully completed the StreetWise ‘MBA’TM curriculum. For more information and to register to attend the information session visit www.bedc.bm.
“If you are an entrepreneur that has already reached moderate growth and are thinking about how you can take your business to the next level then this course is perfect for you,” explained Tee Ogunyemi, Streetwise Facilitator. “This is the ideal course because of the calibre of the course materials, and due to the peer-to-peer learning model, which allows participants to liaise with other CEOs in local business.”
Bermuda Economic Development Corporation (BEDC) is Bermuda’s premier source of free confidential business advice for entrepreneurs. The mission is to serve Bermuda’s local business community with the highest degree of professionalism by providing, authoritative business advice; counsel and loan guarantee support. Bermuda Business Starts Here! For more information visit www.bedc.bm.
Since 2004, Interise has taken an innovative approach to economic development in low- and moderate-income communities by helping existing small business owners plan, achieve and manage long-term growth of their business. More than 6,000 business owners have completed the StreetWise ‘MBA’TM curriculum with extraordinary results. On average, Interise graduates create jobs at 5X the rate of the private sector as a whole.