GEW Launch/BizCamps - Global Entrepreneurship Week


Address by The Hon. Wayne Caines, JP, MP
Minister of National Security


03 November 2017

Good afternoon all,


I would like to take a brief moment to recognise the __ teenagers who took part in the Youth Entrepreneurship Initiative's BizCamps this summer. I would like to congratulate each one of you and recognise that what you are doing, in learning to launch a business, solve problems, and learn the ropes of entrepreneurship is not just good for you, it’s good for Bermuda’s future as well.

Bermuda can be proud of each of you for what you’ve achieved here: owning a business concept and seeing it through to a full business plan brings a sense of responsibility that will stay with you as you set yourself on a course to succeed. What you have learned in the process will be beneficial to you whatever career you chose, and whether you decide to start a business or not. You have learned about the fundamentals of opportunity recognition, costing of goods, pricing, and marketing to name
but a few real-life applications.

All BizCamp participants, whether you got a certificate today or not, have shown that Bermuda has what it takes and so do its entrepreneurs; that at all ages, our country can boast young entrepreneurs who are ready to build a solid foundation towards a sound career, whether you choose to start their own businesses or not.

Year after year, through the Department of ICT Policy and Innovation, we support BizCamps because technology, entrepreneurship, and ecommerce are building blocks for tomorrow’s thriving economies. By learning about them and applying your knowledge so early in life, BizCamps participants are without a doubt on their way to making
significant contributions to Bermuda’s future.

Again, congratulations to you all.

BizCamps For Aspiring Young Entrepreneurs

The Youth Entrepreneurship Initiative [YEI] in conjunction with the Department of ICT Policy & Innovation will conduct a 7-day BizCamps at Bermuda College for 24 aspiring young Bermudian entrepreneurs 13 to 17 years old.

“Dates are July 16th to 24th excluding weekends. Over the past 17 years close to 1,000 youths have developed and presented business plans, earning certificates for participating in the program,” the organisers said.

“During these intensive programs, students use textbooks, a syllabus specific workbook, online research, guest lecturers and field-based market research to learn about opportunity recognition, cost of goods, pricing, marketing and many other aspects of running a company. Their objective is to develop and present their own comprehensive business plan at the end of the session.”

BizCamps Bermuda July 9 2018

Joe Mahoney, Executive Director of the YEI uses curriculum from a combination of sources including the Network for Teaching Entrepreneurship [www.nfte.com], Babson College, [www.babson.edu] and the Consortium for Entrepreneurship Education [www.ceed.org].

He states, “The goal is to inspire young people to become business-savvy and economically self-sufficient. Participants are provided with a business plan template. After learning the concepts, they complete the plan with information for their own business idea and present it to a panel of judges selected from the business community.”

Local entrepreneurs and financing partners present real-world practices. One of them, Jamillah Lodge of the Bermuda Economic Development Corporation, who also served as a BizCamp 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 thanks to the support of the Department of ICT Policy & Innovation and our other sponsors the Bank of Bermuda Foundation, Tokio Millennium Re, Chubb Charitable Foundation, XL/Catlin Foundation, Argo Foundation, and One Communication.

Participants will be admitted on a rolling basis until we fill the 24 spots, many are still available. Electronic applications are available at www.bedc.bm [follow the BizCamp link in Events], and the government portal www.gov.bm. Or send an email to: This email address is being protected from spambots. You need JavaScript enabled to view it..

Aspiring young Bermudian entrepreneurs attending BizCamp were hosted at Hub Culture Village Friday afternoon where they experienced this invitation-led global collaboration network.

 

Founder Stan Stalnaker explained to the young participants how Hub Culture’s four functions – Pavilions [places to collaborate], Knowledge Brokerage [consulting and deal services], AI [Zeke artificial intelligence, and Ven, a global digital currency which are all fused together to support cool places for meetings and networking such as Hub Culture Innovation Campus and Beach Club at Ariel Sands in Bermuda.

 

Bizcamp Hub Culture

YEI’s BizCamp Participants Nakiiah Baker, Charis Burrows, Shalom-Yasha Cannonier, Jahmir Celstine, Abiyah Dill, Mekha Dill, Ronesha Denhym Rose James-Dill, Tyler Kelly, Naphisa Smith, Naphtali Smith, Sari Smith, Daria Symonds, and, Sale Dyer, with Hub Culture’s Stan Stalnaker, Jess Southall and YEI’s Joe Mahoney, Philip Trott and Dallas Scott.

 

This was the second group of Bermudan teenagers to have the opportunity to visit this mobile campus village with meeting cabanas, a creative studio, a virtual reality unit, restaurant and lounge areas with fiber-optic Internet.

 

They experience firsthand the virtual reality pavilion, learn about “Cradle to Cradle” sustainability thinking, and began to understand how virtual currency is quickly growing to be a leading force in the global economy. Mr. Stalnaker, an economist had also shared his vision of this merger of online and physical world environments to the first session of BizCamp students on July 14th.

 

BizCamp which is operated by The Youth Entrepreneurship Initiative [YEI] in conjunction with the Department of ICT Policy & Innovation has been conducting two 7-day BizCamps at Bermuda College for young Bermudian 13 to 17 years old.

 

This second session group will present their comprehensive BizPlans on Tuesday, July 25 to a distinguished panel of judges including Marisa Stones, Director of ICT Policy & Innovation, Rolfe Commissiong MP, President at Black Star Communications Ltd, Sean Moran, Head of Business Development, BDA, Niklas Traub, Managing Partner of IID Partners, and Rees Fletcher, Trustee of the Chubb Charitable Foundation – Bermuda and Former Chair of ACE Bermuda Insurance.

GEW Launch/BizCamps

09-04-2018 Hits:108 BizCamp Parent Super User - avatar Super User

GEW Launch/BizCamps - Global Entrepreneurship Week Address by The Hon. Wayne Caines, JP, MPMinister of National Security 03 November 2017 Good afternoon all, I would like to take a brief moment to recognise the...

Read more

BizCamps For Aspiring ...

09-04-2018 Hits:68 BizCamp Parent Super User - avatar Super User

BizCamps For Aspiring Young Entrepreneurs The Youth Entrepreneurship Initiative [YEI] in conjunction with the Department of ICT Policy & Innovation will conduct a 7-day BizCamps at Bermuda College for 24 aspiring...

Read more

BizCamp Students Visit Hub...

09-04-2018 Hits:80 BizCamp Parent Super User - avatar Super User

Aspiring young Bermudian entrepreneurs attending BizCamp were hosted at Hub Culture Village Friday afternoon where they experienced this invitation-led global collaboration network.   Founder Stan Stalnaker explained to the young participants how...

Read more

Instagram Feed

Latest News

loading...

Back to top