The Economic Development Department (EDD) recently hosted the 2023 Tech Education Day. This full-day event aimed to inspire and educate high school students about the vast and exciting world of technology. It featured a comprehensive agenda covering FinTech, AI, robotics, app development, cybersecurity, NFTs, bio-informatics, genetics, and other cutting-edge tech-related subjects.
During a day of interactive presentations, students learned about the marvels of technology and the endless possibilities of problem-solving and innovation that it offers. The event emphasised the potential of these tools to shape the future and drive untold progress. Students were urged to harness the power of technology to create a better world and to be bold, curious, and fearless in their pursuit of knowledge. The message was clear: the tech leaders of tomorrow are the dreamers of today. Students were encouraged to stay inspired, passionate, and tech-savvy.
The Hon. Diallo Rabain, JP, MP, Minister of Education, addressed the students: “Use technology as a force for good. There are countless ways to make a positive impact, whether developing solutions to address climate change, creating innovative healthcare technologies, or promoting equality and access through bioinformatics or digital platforms. Technology can bring about positive change in the world, and it's up to each of you to harness that power and use it to create a better future for all of us.”
The EDD extends its heartfelt gratitude to the many speakers and presenters who gave their time and expertise to inform and inspire tomorrow's leaders - namely: Dr. Carika Weldon, Sean Stapley, Seth Gray, Antonia Holder, Kerem Kolcuoglu, Nick Mueller, Fernando De Deus, Amrita Bhalla, Shaun Richards, Ayanna Wolfe, Hannah Collins, and Sheldon Jones, who made valuable contributions in enlightening and inspiring the students.
The event would not have been possible without the generous support of the various sponsors: Ingine, Burrows Lightbourn, Bermuda Waterworks, and Charge Locker. Additionally, the EDD acknowledges the invaluable partnership of the BEDC, EETTAFEL, Four Ways Inn, KIM’S list, and the Corporation of Hamilton for their support in making the 2023 Tech Education Day a resounding success.
About the Economic Development Department (EDD):
The EDD facilitates exploring innovative trends and developing appropriate policies and frameworks in support of Bermuda's economic development and diversification goals. The EDD also provides a wide range of services, education and training to drive economic diversification and growth and to promote Bermuda as the optimal jurisdiction for business across various industries.
Alien Land Licensing: The Alien Land Licence Programme was established to protect land in Bermuda for ownership of persons who possess Bermudian status by –
(a) requiring restricted persons to have licences to hold or acquire land in Bermuda and preventing them from appropriating it;
(b) requiring trustees to have licences to hold or acquire land in Bermuda
for the benefit of restricted persons and preventing them from appropriating it; and
(c) preventing corporations from acquiring or holding land in Bermuda unless they do so following Legislation.
Business Services Division: The Business Services Division solidifies relationships with inbound interest as guided by the Economic Recovery Plan. It is also responsible for the Incentives for Job Makers and the Alien Land Licensing Processes.
The Office of FinTech: The Office of FinTech is responsible for accelerating the growth of Bermuda's FinTech ecosystem by advancing business development.
E-Commerce Advisory Board: The E-Commerce Advisory Board is a statutory Board ("ECAB”) created under Section 30 of the Electronic Transactions Act 1999 ("ETA”) to advise the Minister about matters relating to e-commerce in Bermuda. ECAB comes into effect upon publication in the Official Gazette each year and serves until the end of that calendar year.
The Standard for Electronic Transactions was appointed under subsections 29(3) and 29(5) of the ETA.
Communications, Education and Compliance: The CEC section works to develop a sustained, informed, skilled, and connected talent pool for Bermuda to propel the jurisdiction as it works to consolidate its position as a global leader in tech and Fintech.
Concierge Services & Engagement Division: The CS&ED provides concierge services to Bermuda’s inbound investors by streamlining and expediting government processes.
Incentives for Job Makers: Companies can obtain the Concession of having their senior executives responsible for the continued presence of jobs for Bermudians in Bermuda, exempt from needing a work permit. Successful applicants will be exempt from needing a work permit, and their families will be granted permission to reside with them.
Research & Legislative Support Division: The R&LSD assists with public and private legislative initiatives intended to improve product and service offerings.
