A strong future for Bermuda is built on the strength of our people. That is the foundation of the Progressive Labour Party government’s approach to economic development, ensuring that the benefits of growth reach not just the top, but every hard-working Bermudian trying to build a stable and meaningful life.

Whether it is providing support for entrepreneurs, expanding job opportunities for young people or improving fairness for workers, our government initiatives reflect a simple belief: when Bermudians thrive, Bermuda thrives.

Let’s begin with entrepreneurship.

This year, the Bermuda Economic Development Corporation, through its Micro Loan and Guarantee Programme, has provided $687,000 in funding to local enterprises, helping numerous Bermudian entrepreneurs get the support they need to grow.

When we support local businesses, we keep money circulating within our economy, create local jobs and open doors for innovation. From salons and restaurants to tech services and creative ventures, these small businesses are the heartbeat of our communities and the BEDC is ensuring they not only survive, but thrive.

Equally important is the Government’s investment in young people through the National Youth Employment Strategy, which continues to connect Bermudians aged 18 to 26 with real employment and training opportunities. One standout initiative, the Learning Through Experience hospitality programme, resulted in most participants receiving full-time job offers.

In addition, Phase 1 of the Government’s Apprenticeship Programme placed 12 young Bermudians in trades such as carpentry, masonry and plumbing, offering both income and a pathway to skilled, long-term careers.

It is no coincidence that youth unemployment fell to only 2.4 per cent last year.

The PLP has also continued to prioritise economic fairness by implementing Bermuda’s minimum wage, which increased on September 1. Before the PLP took office, exploitative employers could pay ridiculously low wages, and while more needs to be done, this was a huge step forward.

Whether it is young people entering the workforce, parents launching small businesses or workers fighting for a fair wage, our vision is people-centred, not profit-driven. It is focused on ensuring that growth does not leave Bermudians behind.

Yes, challenges remain from global inflation to supply-chain disruptions, but the path forward is clear: build a modern Bermudian economy on the talents, dreams and resilience of our people.

Every dollar invested in a local business, every young person given a career opportunity, every wage lifted ... it all adds up. It all strengthens our country from the ground up.

We don’t just want a growing economy; we want an economy that grows with us — one that lifts Bermudians, values Bermudian talent and puts Bermudians first.

• Kim Swan is the Junior Minister of Tourism, Culture and Sport, and the MP for St George’s West (Constituency 2)