BanaBay Speaks up for Entrepreneurs

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business desk

BanaBay had the opportunity to put the government straight on how to nurture the nation’s entrepreneurs during a round table discussion in the run up to the Midlands regional final of the EY Entrepreneur of the Year.

Nominated for showing dynamic business growth and leadership, MD, Mark O’Sullivan debated key issues with fellow entrepreneurs including the need for more investment in infrastructure, developing workforce skills and cutting business tax.

Putting a personal view, Mark O’Sullivan cited the importance of children learning modern languages, in particular Spanish and Mandarin, in school to support globalisation. Being able to communicate in the languages of BanaBay’s international customers had been an important element in the development of the business.

EY representatives leading the debate described entrepreneurs as the lifeblood of the economy and identified access to finance as a major issue; and took views on private equity investment.

As a test of his entrepreneurial mettle, Mark O’Sullivan was not alone in being cautious about handing over control to external parties preferring the collaborative approach of mentoring schemes which help businesses to achieve their goals such as the Growth Accelerator programme.

The round table discussion will help the nominees limber up for the Midlands Regional Final of the EY Awards which takes place on 16th June.