2023 Bermuda Tech Summit Showcases Bermuda’s Growing Tech Ecosystem

Hamilton, Bermuda, October 16, 2023 – The fifth annual Bermuda Tech Summit, presented by the Bermuda Business Development Agency (BDA) has been hailed a great success by sponsors, speakers, and attendees.

The Bermuda Tech Summit attracted over 330 registrants at the Hamilton Princess & Beach Club over the course of October 8-10. The immediate economic impact of this event including lodging, transportation, food and beverage, retail and recreation was estimated at $321,825 and supported 109 local jobs.

David Hart, BDA CEO said, “On behalf of the BDA, I want to thank our partners, sponsors, speakers and engaged guests for making this such an incredible Tech Summit that showcased Bermuda’s dynamic and growing tech sector and innovation leadership. It is important to point out that the BDA’s efforts to promote Bermuda’s tech pillar also includes organising targeted overseas business development missions in key markets. This year alone, we have carried the Bermuda message to 10 business development missions overseas, including to Consensus in Austin, TX in April, Money 20/20 in Amsterdam (Europe’s largest Fintech conference), and the Israel InsurTech Global Summit. And we are excited that on the horizon we will be headed back to ITC in Las Vegas to meet with leading InsurTech companies and then headed to COP28 in Dubai this fall to meet with leading companies in the Climate Tech space.”

Lloyd Fray, President, CCS Group Limited said, “I want to thank the BDA and congratulate them on an outstanding Bermuda Tech Summit. As an innovative solutions provider, CCS was proud to be a platinum sponsor and looks forward to supporting next year’s event.”

Edward Levene, CEO, Clean Peak Energy Group said, “I was able to meet with leading Bermuda Government officials thanks to my attendance as a speaker at the 2023 Bermuda Tech Summit. We are scheduling additional meetings with officials to potentially provide Bermuda with sustainable, cost-effective solutions for recycling and waste management. I would not have made these connections or engaged with Bermuda without the BDA’s Bermuda Tech Summit.”

Michael J Milani, CEO, Mondeum Financial said, “I travel to a lot of events, and I have to say that the BDA team did a phenomenal job, from the speakers to the venue to the accommodations. The best part of the whole thing was the quality of the attendees and the networking. An A+ experience all around. Looking forward to next year.”

The BDA simply could not put on our signature events without the generous support of our sponsors.

The BDA once again thanks Carey Olsen and RELM our diamond sponsors; Appleby, CCS Group Limited and XBTO our platinum sponsors; Hub Culture, KPMG, and One Communications our gold sponsors; Chainproof, Clarien, Paradise Mobile, and Walkers our silver sponsors; Coinbase our supporting sponsor and NEXT Bermuda our association partner. We also thank our airline partner BermudAir and our spirits partner Gosling’s.

The 2023 Bermuda Tech Summit kicked off on October 8 with C-suite networking opportunities at our opening reception sponsored by BermudAir. Day two began with a seaside chat between David Burt, Bermuda’s Premier, and Sandra Ro, CEO, Global Blockchain Business Council, while day three started with David Robles, Global Subsea Construction Lead, Google and Steven Rees Davies, Partner, Carey Olsen laying out Google’s plans for Nuvem, a submarine network cable connecting the US, Bermuda, and Portugal. The 2023 Bermuda Tech Summit was brought to a close by the legendary RELM wrap party.

The BDA looks forward to building on our success at our next signature event, the 2024 Bermuda Risk Summit, being held at the Hamilton Princess & Beach Club from March 13-15, 2024. Stay tuned for more details to be released soon.

Organising and promoting the BDA’s signature events aligns with the ‘Business Attraction and Investment Promotion’ strategic priority as outlined in Bermuda’s Economic Development Strategy.