Registration is now open for Entrepreneurship 101, an eight-week programme presented by the Bermuda Economic Development Corporation that provides new and aspiring entrepreneurs with the knowledge, tools and resources needed to start their businesses successfully.

The cost of the programme, normally $300, has been reduced to $150.

The BEDC said participants can expect to walk away from the course with an understanding of the basics of small business management and how to create an effective business plan.

The programme will run every Thursday from 6pm until 8pm from March 4 through April 22.

The BEDC said the course will be facilitated by Ray Lambert, the organisation’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 BEDC said topics covered will include 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, as well as marketing, operations, and human resources.

Entrepreneur Gwendolyn Creary, a graduate of the course, said: “Entrepreneurship 101 was one of the significant turning points in my entrepreneurial journey. It was comprehensive, and nearly impossible to read all of the resources completely each week, but I had the comfort of knowing that they were always at my fingertips.

“Nearly each week, an expert in a particular aspect of setting up a business was invited to present on their expertise and be an industry contact. Erica (BEDC executive director Smith) and Raymond, with the challenge of pivoting to a virtual platform, created an inspiring atmosphere. They provided opportunities for participants to be supported and valued no matter the stage of their journey as an entrepreneur.”

The course will be taught virtually via GoToMeeting.

For more information or to register for the course, visit www.bedc.bm, e-mail info@bedc.bm or call 292-5570.