BEDC To Host Entrepreneurship Course

March 12, 2020

Entrepreneurship 101, an entrepreneurship education course hosted by the Bermuda Economic Development Corporation [BEDC] is set to begin on Thursday, March 26 at Sofia House at 48 Church Street in Hamilton.

A spokesperson said, “Registration is open and enrollment has begun for Entrepreneurship 101, an entrepreneurship education course hosted by the Bermuda Economic Development Corporation.

“The Entrepreneurship 101 course provides new and aspiring entrepreneurs with the knowledge, tools and resources needed to start their businesses successfully. Participants can expect to walk away with an understanding of the basics of small business management and how to create an effective business plan.

Entrepreneurship 101 Bermuda March 2020

“The eight-week programme will run from March 26 through May 14, with a once-a-week session every Thursday from 6.00pm to 8.00pm held at BEDC’s main headquarters on Church Street.

“This year, the course will be facilitated by Ray Lambert, BEDC’s Director of Micro, Small & Medium Enterprises.”

Mr. Lambert said, “When putting together the syllabus for this course, we kept in mind some of the major challenges faced by entrepreneurs on the Island. At BEDC, we meet with business owners on a regular basis, so I am aware of how difficult it can be to set up and operate a business in Bermuda.

“Entrepreneurship 101 is a great way to get a handle on the process.”

The spokesperson said, “Entrepreneurship 101 will cover the following topics:

  • Making the decision to start a business;
  • Validating your product or service;
  • Writing a business plan;
  • Understanding Government obligations;
  • Knowing the cost of your business;
  • Funding your business; and
  • Marketing, Operations, and Human Resources.

BEDC Executive Director Erica Smith said, “Many of the aspiring entrepreneurs that come across our path at BEDC feel there is a general lack of ‘how to’ guidance and ‘A-Z’ resources at their disposal when first taking the leap into entrepreneurship.

“BEDC created this course specifically for those individuals – and strongly encourages anyone at the early stages of starting a business to sign up, attend each class and absorb as much knowledge as possible to set their business up for long term success.”

The spokesperson said, “Past student Vivien Carter encourages all aspiring entrepreneurs to invest in their learning and development by taking the Entrepreneurship 101 course.”

Ms. Carter said, “My advice to anyone looking to take this course is, regardless of whether you have a burning business idea, already have a startup or are an emerging small business owner, this course has something to offer you.

“Between the live presenters who came in weekly to discuss various topics, as well as the other class content delivered, I felt that every session provided me with a wealth of new information.”

The spokesperson said, “Entrepreneurship 101 aims to help entrepreneurs enhance their business knowledge and guide them through what can seem like a daunting process. The more knowledge they have, the easier the process, and the faster they are able to begin business.

“To register for the upcoming course, which costs $275, visit

“Classes will take place from 6pm until 8pm at the BEDC Office, located in Sofia House at 48 Church Street, Hamilton.”

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Category: All, Business