(441) 292-5570
48 Church Street, Hamilton Bermuda
48 Church Street, Hamilton Bermuda
292-5570

Cost

Free

Date

Sep 28 2023
Expired!

Time

6:00 pm

Location

Hamilton Princess Hotel

Up to $0

in Startup Funding for 3 Local Companies in any industry.

Up to $0

in Startup Funding for 1 Youth Entrepreneur (ages 13-22).

Up to $0

in Startup Funding for 1 Business chosen by public vote.

People's Choice Award

One lucky pitch will win the People’s Choice Award. Your vote could help them secure up to $25,000 in funding. This is a life-changing amount for any small venture. Cast your vote! Voting for 2024 will be announced later in the year.

The event is finished.

What is the Wave of Opportunity Pitch Competition?

The Bermuda Economic Development Corporation (BEDC) has entered into a multi-year partnership with the Global Atlantic Re foundation to provide BEDC Program participants with capital grants totalling $150,000 a year. These grants will be issued every other year and will help to fuel the growth and success of small businesses throughout Bermuda. The funds will be disbursed at a pitch competition to be held in September.
 
Partnerships like the one BEDC has entered with the Global Atlantic Re foundation are critical to the success of BEDC and the small businesses it serves. This support will help to fuel the growth and success of small businesses throughout Bermuda, providing much-needed capital to help businesses expand, hire more employees, and contribute to the local economy. 
 
The pitch competition to be held will allow entrepreneurs to showcase their businesses and pitch their ideas to a panel of judges. The winners will receive capital grants from the Global Atlantic Re foundation, which will help them to take their businesses to the next level.  
 
The pitch competition will have the outcome of awarding five entrepreneurs up to $25,000 each, as follows:
  • 3 local companies in any industry;
  • 1 youth entrepreneur (ages 13 – 23); and
  • 1 People’s Choice Award that the public will be able to vote on
 
This partnership and pitch competition is an exciting opportunity for entrepreneurs to showcase their ideas and get the funding they need to grow their businesses. BEDC and the Global Atlantic Re foundation encourage all entrepreneurs in Bermuda to apply for this opportunity and look forward to seeing the amazing ideas and businesses that emerge from this competition. 

How Does it Work?

Approved applications will participate in preliminary rounds to help identify the top companies who will pitch for one of the $25K grants listed above.
 
Important Dates:
  • Applications Open: 2024 Dates TBD
  • Submission Deadline: 2024 Dates TBD
  • Preliminary Rounds: 2024 Dates TBD
  • Coaching & Pitch Bootcamp: 2024 Dates TBD
  • Youth Finals: 2024 Dates TBD
  • Pitch Competition: 2024 Dates TBD
2024 Submission Deadline: TBD

Am I Eligible?

Before Completing the application, please keep in mind that you must have the following to be eligible for consideration. 
 
  1. Must be registered with the BEDC and have participated in a BEDC Program.
  2. Must be a Bermuda based business.
  3. Must have an idea, minimum viable product or a business that has clear benefit to the Bermuda market.
  4. Must demonstrate demand for the product or service.
  5. Must clearly identify what the funds will be used for (business cannot have any political or religious affiliation).
  6. Must not be receiving any other grant funds from another private entity that exceeds $5,000.00.

Get Your Tickets to the Competition!

Registration to attend the Wave of Opportunity Pitch Competition will open one month prior to the event date. The 2024 event date will be announced soon. 

2023 Pitch Competition Winners:

2023 Competition Finalists: