Award

(NU/1433-46) Teacher Success Project (TSP): The Provision of Business Consultancy to Assist Commercialisation of University Research

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

10 Feb 2023 at 13:56

Award Notice
Summary of the contracting process

Newcastle University has awarded a contract for the provision of business consultancy services for the "(NU/1433-46) Teacher Success Project (TSP)" to H2 optimal. The contract, valued at GBP 28,000, commenced on February 3, 2023, and will end on July 31, 2023. The procurement stage was a "selective" process under the "Restricted procedure", with the tender period ending on December 7, 2022. The project falls under the "Business and management consultancy and related services" category and is located in the North East region of the United Kingdom.

This opportunity created by Newcastle University is best suited for businesses with experience in educational technology markets, initial teacher education, and international education. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate in this tender. The initial business executive will work on finalising a business plan, obtaining investment offers, and securing university approvals for a new spin-out company. Businesses looking to expand their presence in the consultancy sector should consider leveraging this contract to enhance their growth prospects.

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Notice Information

Notice Title

(NU/1433-46) Teacher Success Project (TSP): The Provision of Business Consultancy to Assist Commercialisation of University Research

Notice Description

TSP-the Teacher Success Project-at the University of York (UoY) has developed a suite of online tools to (a) identify the most suitable teacher applicants effectively and efficiently using video and text situational judgment methodologies, and (b) build the confidence and competence of novice teachers and emerging school leaders using a 'scenario-based learning' (SBL) methodology. We are looking for an experienced and appropriate business executive to progress this opportunity. The ideal candidate will have experience and understanding of educational technology markets, initial teacher education, and international education markets. The initial brief of the executive will be to: (1) Work with the TSP team to review and finalise draft business plan, financial plan and investor pitch deck; (2) Secure an offer/s of investment (venture capital and/or other term sheet/s); (3) Obtain university approval for the new spin-out; (4) a. Complete spin-out company initial formation; b. Obtain founder academics' and the University of York approval for appointment as CEO; c. Provide to the appropriate university all matters necessary for Research England reporting requirements; (5) Secure investment into the company and compete all required legal documents

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-050ef57a-4ce9-42b8-b5d6-f22d4bb647c8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8c8bf6ab-2113-4f2a-9610-7424f0e2fab8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£28,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Feb 20233 years ago
Submission Deadline
7 Dec 2022Expired
Future Notice Date
Not specified
Award Date
1 Feb 20233 years ago
Contract Period
3 Feb 2023 - 31 Jul 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE UNIVERSITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE
Postcode
NE1 7RU
Post Town
Newcastle upon Tyne
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)
Local Authority
Newcastle upon Tyne
Electoral Ward
Monument
Westminster Constituency
Newcastle upon Tyne Central and West

Supplier Information

Number of Suppliers
1
Supplier Name

H2 OPTIMAL

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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