BEDC Seeks Youth Entrepreneurs For Youth Pitch

October 22, 2019 | 0 Comments

The Bermuda Economic Development Corporation [BEDC] is looking for the next great business idea from students across the island for the 2019 Youth Pitch.

A spokesperson said, “If you’re a student under the age of 18 with a burning idea for a new business, now is the time to develop your business idea! The Bermuda Economic Development Corporation [BEDC] is looking for the next great business idea from students across the island for the 2019 Youth Pitch.

“The Youth Pitch category of the Rocket Pitch Competition was launched in conjunction with Global Entrepreneurship Week, a weeklong celebration to inspire, mentor and engage the public around all things entrepreneurial.

“The framework of the Youth Pitch presentation is simple: the presenter[s] has five minutes and eight slides to tell the story of their business or idea to a panel of judges and then respond to questions. For the Youth Pitch category, this process will involve a public preliminary competition to be held on November 18th at the Bermuda College.

“The first and second place winners will receive $3,000 and $1,000 respectively which includes a startup package of cash, and services to assist with the development of their business idea. This year, we are also introducing an award of $500 to the school who submits the most entries to bolster school participation.”

BEDC Youth Pitch Bermuda Oct 2019

Raymond Lambert, Director of Micro, Small & Medium Enterprises at BEDC, said, “This is a great opportunity to turn your business idea into reality. What we have found is that young people look at things from a different perspective, and this year we are looking to find some very exciting submissions.”

He added, “Last year we were overwhelmed with the level of responses and this year we expect to have even more submissions and a very competitive event.”

“Last year’s Youth Pitch winners, partners Madison Thompson & Natalie Calderon pitched Meal Deal, a service-oriented app that records and tracks items in your fridge and lets you know when you’re running low on something. ‘Guess What?’, an innovative taste guessing game that is played in groups was the brainchild of second place winner, Andreaz Glasgow.

“Those who are interested in submitting a Youth Pitch will also find that they will receive plenty of support from the BEDC with workshops taking place the week of November 2nd at the BEDC offices. The free workshops will consist of presentation tips and coaching. All contest pitches will need to be submitted on Power Point with all submissions due at 5pm on Saturday, November 2nd.

“For further details, download the ‘pitch kit’ at www.gew.bm or contact Ray Lambert at BEDC tel. 292-5570 or email rlambert@bedc.bm.”

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