Budding Entrepreneurs Invited To Free Camp
Budding young entrepreneurs are invited to show their business savvy during a week-long training scheme running this summer. Biz Camp 2012 will take place during the weeks of July 9 and 16, at The Berkeley Institute.
The Youth Entrepreneurship Initiative of Bermuda is seeking to recruit 48 youngsters aged 13 to 18 interested in learning firsthand how to “become their own boss” by starting a business.
During the two 38-hour courses, students will learn about opportunity recognition, cost of goods, pricing, marketing and many other aspects of running a company and developed and present their own comprehensive business plan.
Joe Mahoney, Executive Director of the YEI presents curriculum from the Network for Teaching Entrepreneurship. This global organisation inspires young people to become business-savvy and economically self-sufficient.
He stated “participants are provided with a business plan template, and after learning the concepts, they complete the plan with specific information for their own business idea and present it to a panel of judges selected from the business community.”
Local entrepreneurs and financing partners come in to present real-world practices. One of those, Jamillah Lodge of the Bermuda Economic Development Corporation, who also served as a BizPlan Judge stated, “This is an awesome opportunity to see what the future of Bermudian entrepreneurship looks like.”
There is no cost for students who are accepted to attend BizCamp. Supported by the Department of Ecommerce, with sponsorship from private companies, and foundations all expenses including training materials, daily lunch, and prizes are covered by the YEI.
Former student BizPlan Competition winners return to serve as assistant teachers. This year they include Jazmyn Williams and Rodneyka Brown-Evans Freeman.
Electronic applications are available here on www.gov.bm and follow the BizCamp link, or send an email to: e-commerce@gov.bm. Participants will be admitted on a rolling basis until there are 24 for each week.
