Hamilton, Bermuda 22 June 2023 – The Bermuda Economic Development Corporation (BEDC) announces an information session scheduled for Thursday, June 29, from 12:15 pm to 1:15 pm at the BEDC Main office at 48 Church Street, Sofia House, 1st Floor. The session aims to empower potential Cooperative Developers by offering a comprehensive overview of the BEDC’s cooperative business education process.
The program offers an opportunity for those seeking to influence the local economy through the development of cooperative businesses. Selected candidates, following an 8-week flexible educational series of workshops, will have the ability to develop a locally-focused coop business plan, creating inclusive opportunities and identifying innovative methods of meeting emerging needs or capturing new market opportunities.
Williams Spriggs, Economic & Cooperative Development Director at BEDC says, “We encourage aspiring developers who possess a strong capacity for critical thinking, efficient communication and are results-driven to attend this session. Our vision is to empower participants with the necessary tools to enact real change in their community through cooperative business initiatives.”
Those interested should possess a basic understanding of, or be comfortable with, the traditional business planning process, financial feasibility analysis, and working with team dynamics. The info session is particularly suited for individuals eager to develop cooperative businesses and secure a stipend for their time invested in formulating a business plan that encourages collaboration and cooperativeness.
Refreshments will be provided during the event and encourage those interested to register early due to limited space. To register and get additional information, visit www.bedc.bm.
The Bermuda Economic Development Corporation (BEDC) is Bermuda’s source of free, confidential business advice. The mission is to actively assist the development of a strong, well-managed and prosperous local business sector in Bermuda. The key objective of the BEDC remains providing a broad range of business advice, counsel and financial assistance to local businesses in Bermuda.