{"id":623650,"date":"2026-05-04T21:40:10","date_gmt":"2026-05-04T21:40:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/623650\/"},"modified":"2026-05-04T21:40:10","modified_gmt":"2026-05-04T21:40:10","slug":"25000-grants-available-for-entrepreneurs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/623650\/","title":{"rendered":"$25,000 Grants Available For Entrepreneurs"},"content":{"rendered":"

Applications have opened for Wave of Opportunity Pitch Competition,<\/a> which offers entrepreneurs the opportunity to win up to $25,000 each, with a total of $125,000 in grant funds available to this year\u2019s winning entrepreneurs.<\/p>\n

A spokesperson said, \u201cThe Bermuda Economic Development Corporation [BEDC], in continued partnership with Global Atlantic, is pleased to announce the fourth annual Wave of Opportunity Pitch Competition. This initiative highlights Global Atlantic\u2019s ongoing commitment to supporting economic growth and the entrepreneurial ecosystem in Bermuda.<\/p>\n

\u201cEntering its fourth year, the Wave of Opportunity Pitch Competition invites Bermuda\u2019s entrepreneurs to present innovative business concepts for the chance to secure critical funding and support. Applications are now open, and finalists will have the opportunity to win up to $25,000 each.<\/p>\n

\u201cApplications close on July 17th, 2026. Following the application deadline, submissions will undergo a review process and preliminary rounds to determine finalists who will then pitch during Global Entrepreneurship Week at the Hamilton Princess on Monday, November 16th, 2026.\u201d<\/p>\n

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Erica Smith, Executive Director of BEDC, stated, \u201cYear after year, the Wave of Opportunity Pitch Competition continues to inspire us with the incredible talent and determination of Bermuda\u2019s entrepreneurs.<\/p>\n

\u201cThanks to our partnership with Global Atlantic, we have been able to provide meaningful financial support to local business owners who are making a real difference in our community. As we enter our fourth year, we are more committed than ever to nurturing the next generation of innovators and helping them turn their visions into thriving businesses.\u201d<\/p>\n

A spokesperson added, \u201cThrough Global Atlantic\u2019s support, up to $125,000 in grant funds will again be available to this year\u2019s winning entrepreneurs, driving job creation and business expansion across Bermuda.<\/p>\n

\u201cLast year\u2019s competition produced an outstanding group of winners who have continued to grow and expand their businesses. The 2025 Youth Category winner, Sydney West of Internship Insights Co., continues to engage and prepare Bermuda\u2019s youth for the workforce.<\/p>\n

\u201cLast year\u2019s Adult Category winners included Tomika Pacheco of Off Grid RV, who is developing the amenities and services that ensure an eco-friendly luxury RV stay; Antonia Holder of DigiRoo, is working hard to get DigiRoo 2.0 to market and in the hands of our youth; and Greg Wilson of Food Forest, continues to grow the business, educate and advocate for food sustainability in Bermuda.\u201d<\/p>\n

\u201cPeople don\u2019t plan to fail, they just fail to plan. For me it [the competition] was about showing these kids that they could do it. That\u2019s why I brought them up on stage so that they can be exposed to it. Big hats to BEDC & Global Atlantic because you\u2019re opening up opportunities for young, fresh entrepreneurs to actually get into business. Small business is the foundation of every community,\u201d said Greg Wilson, 2025 Adult Category Winner, Food Forest.<\/p>\n

A spokesperson added, \u201c\u201dKamel Dickinson of Echelon, recipient of last year\u2019s People\u2019s Choice Award, has taken a holistic approach to health, wellness, travel and exercise, creating exciting worldly experiences for adventurers.\u201d<\/p>\n

\u201cEach year, the Wave of Opportunity Pitch Competition leaves us even more inspired by the depth of talent and entrepreneurial energy across Bermuda. It\u2019s incredibly rewarding to see participants delivering innovative ideas that are making a meaningful impact across the island,\u201d said Darryl Herrick, President of Global Atlantic Re and Head of Reinsurance. \u201cWe\u2019re proud to partner with the BEDC to help foster that spirit and support local business owners as they build and strengthen the island\u2019s economy.\u201d<\/p>\n

A spokesperson added, \u201cIf you are a small business owner in Bermuda interested in applying for this year\u2019s competition, please visit the Wave of Opportunity Pitch Competition<\/a> page or www.bedc.bm<\/a>.\u201d<\/p>\n

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