In a video interview on the fringes of our conference on Tuesday, David Willetts, the UK minister for Universities and Science, said he thought it was great corporate venturing executives from around the world had come to the UK.

The UK Minister for Universities and Science says the key role the UK government is playing to stimulate investment and the development of innovation is "under-reported".

OIOVentures to close a gap in large organisations in how to take equity stakes in start-ups and apply operational links between the nascent companies and the investors.

In a world where there are more good ideas than people with the confidenceand ability to make them a reality, Kelly has shown how large companies can be innovative given the right support and team.

Naspers emerges with venturing success.

Industry legend: Davis cycles into Global Corporate Venturing's hall of fame.

This year, in all bar one of the awards, Global Corporate Venturing selected a shortlist and the winner was selected by the magazine's advisory board at the end of March. Editor James Mawson chose the lifetime achievement award.

Paul Musselman, formerly of Intel Capital and IBM's corporate development team, takes the top role at the language learning start-up.

Harvard Medical School fellow Anthony Philippakis, who is "passionate about translating the insights from the Human Genome Project into clinical medicine" joins Google's corporate venturing unit