Donnelly elected as IVCA chief

PROFESSOR Michael Donnelly, chief executive of Growcorp, has been elected chairman of the Irish Venture Capital Association (IVCA).

Prof Donnelly replaces Niall Carroll who has completed his term of office.

With more than 25 years’ international experience in technology-based business development, Prof Donnelly returned to Ireland after 20 years in the US, to establish Growcorp in January 1999.