The fund will be managed by Teri Willey for Indiana University Research and Technology Corp and will focus on prototyping and proof-of-concept through to early-stage investments.

George Gogolev, director of corporate innovation and technology transfer for Russian Venture Company, has joined Severstal as head of disruptive innovation.

Alison Campbell, director at Knowledge Transfer Ireland, has become the first representative from outside North America to chair Association of University Technology Managers.

Lonza Group has appointed venture firm Prolog Ventures to manage a fund that will invest in consumer health technology developers.

Robin Brinkworth spoke to Michael Redding, head of Accenture Ventures (pictured), about how the company has changed and the strategy with which they approach investments.

George Ugras has departed from IBM Ventures, the corporate venturing unit he headed, with Wendy Lung reportedly steeping up as acting head.

Tomlinson oversaw growing momentum at the Wake Forest Innovation Quarter and was instrumental in establishing the $15m Catalyst Fund.