Bizplus Article - Melly Bid


Separately, businessman and investor Sean Melly is also throwing his hat into the Seanad election. Melly, who is standing as an independent candidate, founded TCL Telecom in Ireland (later acquired by Verizon) and eTel (acquired by Telekom, Austria).

Melly (pictured below) is also founder and MD of private equity and VC firm Powerscourt Capital Partners, which he set up in 1998. Among the companies Melly invested in is Dial2Do, a mobile tech firm that developed hands-free technology. Powerscourt Capital and Enterprise Ireland put €1m into the firm in 2009.

Melly, who is chairman of Trinity College Dublin’s business school, said that he is contesting the Seanad election because more experienced business people should be involved in government and national decision-making.

“I know what is required to start, finance and develop business and create jobs,” Melly maintained. “As a Senator, I will be a voice for business in the Seanad and I will help create an economic environment where enterprise can flourish.”

Melly said that his campaign priorities include the development of a stronger investment environment, restructuring taxation policy to encourage entrepreneurs and improving infrastructure to attract further international investment.