LOCAL entrepreneurship has a major role to pay in the country’s economy recovery, the Minister for Enterprise, Trade and Innovation, Batt O’Keeffe TD, told the annual Ballincollig Business Association conference in Cork this weekend.
Minister O’Keeffe said that, while recessions take heavy tolls on individuals, businesses and families, “History has shown that in challenging economic times we can find new opportunities and fresh entrepreneurship to lead us to growth and prosperity once more.
“That task to rebuild our shaken confidence and stimulate industry must be led by Government but it starts locally through the creativity and courage of our entrepreneurs.
That is the reason events such as this are important. The Ballincollig Business Association captures in microcosm the kind of entrepreneurial driving force we must extend to other parts of Cork and the country.
“The association, which represents many of the 500 or more local businesses, covers a range of sectors in the economy including retail, services and manufacturing.
“Your event this weekend is an opportunity for local business people to network and share advice on the challenges of the new economy.
“Ballincollig is a vibrant town with global leaders such as EMC and VMware located here. Other multinational firms located within 10 minutes of the town include
Pfizer, GlaxoSmithKline, Johnson & Johnson, Apple, McAfee, CitCo and
“Our corporate community is well served by good transport infrastructure including the recently completed motorway-standard bypass linking the town to all other national routes.
“Our telecommunications and utilities infrastructure are strong and our business parks can cater for the needs of indigenous and multinational firms. More broadly, the Government’s economic recovery plan has three pillars: rescuing the banks; resolving the public deficit; and preparing for growth.
“While we undoubtedly face economic challenges, encouraging and positive trends are now visible,” he said.