"Introducing tax incentives for corporate investments in SMEs [small and medium-sized enterprises], together with any capital gains and dividends from these investments, could help stimulate the necessary step-change in corporate investment behaviour."

The UK-based consulting and accountancy firm, is planning to launch an accelerator programme in Russia this autumn.

The London-based institute is Intel's first research centre and hub looking at how technologies can improve the social and economic development of cities globally.

Intel's corporate venturing unit opens a Turkey office after backing digital media company Nokta and daily deals company Grupanya.

The London-based institute is Intel's first research centre and hub looking at how technologies can improve the social and economic development of cities globally.

UK universities took stakes in 233 spin-offs last year according to Higher Education and Statistics Agency figures, while 2771 graduates set up companies.

Moonray-backed Romax Technology, a UK-based engineering company says it hopes to create around 100 new jobs in Nottingham and the UK over the next three to five years.

The clean technology investment firm and utility recruits Carbon War Room's Jigar Shah and Nomura's Russell Pullan.

Starting June 1, 20 entrepreneurs will participate in the two month scheme, attending classes for 140 hours in the evenings and at weekends. The programme will be funded entirely by fees paid by the students.