Notice Information
Notice Title
NU/1246-7 MAGNITUDE BIOSCIENCES Commercialisation of university research through provision of management skills to assist in successful spin-out company creation
Notice Description
Magnitude Biosciences intends to be a significant player in the current world-wide endeavor to understand aging and assist companies and academic researchers create new drugs and food additives that promote healthspan (healthspan is the active period of a lifetime). This research field is receiving very significant attention from the investor community. Ageing Research, however, faces a significant practical challenge because to properly assess the impact of a compound on aging and healthspan, very large test populations are required to capture the inherent variability of aging in that population. An initial investment will enable Magnitude Biosciences to engage with the market to secure a first sale. This achievement would provide the case for a more substantial investment to scale up to a sustainable business. A CEO is therefore required to win the first investment, ensure that all commercial aspects of the business model and company structure are dealt with, and a second round of expansion funding is secured. Examples of specific tasks for the CEO (not in any particular order) are: * Review the existing business ambitions. * Raise investment to fund general business administration, new staff and secure a first sale * Formulate a sustainable Business Plan for expansion to an off-campus facility. * Manage sales contracts and customer contacts
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-40a24fb0-386a-41fd-9566-7e4930b97131
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/b46fe5c7-e12c-4408-88b1-d3c07521f366
- Current Stage
- Award
- All Stages
- Award
Procurement Classification
- Notice Type
- Award Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Not Specified
- Procurement Method Details
- Other -
- Tender Suitability
- SME
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
66 - Financial and insurance services
-
- CPV Codes
66171000 - Financial consultancy services
Notice Value(s)
- Tender Value
- £18,750 Under £100K
- Lots Value
- Not specified
- Awards Value
- £18,750 Under £100K
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 13 Feb 20188 years ago
- Submission Deadline
- 15 Jan 2018Expired
- Future Notice Date
- Not specified
- Award Date
- 31 Jan 20188 years ago
- Contract Period
- 1 Feb 2018 - 31 Dec 2018 6-12 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 UPON TYNE
- 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
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/b46fe5c7-e12c-4408-88b1-d3c07521f366
13th February 2018 - Awarded contract notice on Contracts Finder
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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