Key Takeaways
- • The Bermuda Democratising Venture Global Summit will take place on November 6 at the Royal Bermuda Yacht Club, organised by Qodeo, a platform connecting more than 20,000 entrepreneurs with over 7,400 investors.
- • Speakers include Dame Anne Glover, chief executive and cofounder of Amadeus Capital Partners, and Leonardo Williams, Mayor of Durham, North Carolina, alongside investors from Britain, the United States and Europe.
- • The event is designed to help Bermudian entrepreneurs address access to seed capital through practical fundraising advice and international networks, and is explicitly not a pitching competition, according to Qodeo CEO Simon Glass.
- • The daylong programme covers investment pitches, angel and family office networks, and fundraising for black entrepreneurs, women and people over 55, with sector sessions on AI, cybersecurity, fintech, insurtech and family businesses.
- • The summit is planned to coincide with Global Entrepreneurship Week and is backed by the Bermuda Economic Development Corporation and the Ignite incubator, with sponsors including Bermuda Commercial Bank and KPMG.
Summary
Headline speakers include Dame Anne Glover, chief executive and cofounder of Amadeus Capital Partners, a British venture capital firm established in 1997. Dame Anne has more than 30 years of venture capital experience, including roles at Apax Partners and Bain & Company, has chaired the British Private Equity and Venture Capital Association and Invest Europe, and served on the Court of the Bank of England. Leonardo Williams, Mayor of Durham, North Carolina, who was elected in 2023, will also attend. Other participants include Keith Daniel of Resilient Ventures, a fund investing in African-American-led, high-growth companies; Glen Gaddy of Robin Hood Ventures, a Philadelphia-based angel group; Matt Gittleman of JHH vc, a Washington-area family office; and Haley Bryant of Hustle Fund. Henri Murison, CEO of the Northern Powerhouse Partnership, is also among the international speakers.
Simon Glass, chief executive and director of Qodeo, told The Royal Gazette that the aim is to upskill the local community and broaden access to international networks. He stressed that the event is not a pitching competition, and said the goal is to help entrepreneurs avoid common fundraising mistakes that can hinder their ability to start the right process.
The daylong programme will cover improving investment pitches, building angel investor and family office networks, and fundraising opportunities for black entrepreneurs, women and people aged over 55. Sessions will also address artificial intelligence, cybersecurity, fintech, insurtech, agriculture, hospitality and tourism, and family businesses, with a mini myth-busting workshop on common capital-raising misconceptions.
The summit is planned to coincide with Global Entrepreneurship Week and is backed by the Bermuda Economic Development Corporation and the Ignite incubator. Local sponsors and partners include Bermuda Commercial Bank, KPMG, Bacardi, BermudAir and the Bermuda Tourism Authority. Local speakers include Erica Smith of the BEDC, and Neil Patterson and Sean Reel of Ignite.
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