Award

(NU/1433-29) Clean Hydrogen Limited: The Provision of Business Consultancy to Assist Commercialisation of University Research.

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

06 Apr 2022 at 08:10

Summary of the contracting process

Newcastle University is seeking to engage with businesses for the provision of business consultancy services under the title "(NU/1433-29) Clean Hydrogen Limited: The Provision of Business Consultancy to Assist Commercialisation of University Research." This procurement falls under the industry category of business and management consultancy and related services, with a total contract value of £27,000. The contract period runs from 4th March 2022 to 30th September 2022, following a selective procurement process that concluded its tendering phase on 3rd February 2022. The primary delivery location is in the North East of the United Kingdom.

This opportunity presents significant potential for small and medium-sized enterprises (SMEs) with expertise in business consultancy, particularly those focused on clean energy solutions and commercialisation strategies. Businesses equipped to support Newcastle University in developing a viable business plan, assembling collaboration teams, and securing venture capital funding for startup initiatives would be particularly well-positioned to compete for this contract. Engaging in such projects not only allows for growth through valuable contracts but also contributes to the advancement of sustainable energy solutions.

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Notice Title

(NU/1433-29) Clean Hydrogen Limited: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Notice Description

Clean Hydrogen is a company with technology offering a solution to reducing the cost of hydrogen to help meet climate change challenges. One of the main challenges associated with the UK's (and global) energy sector, in the medium term, is to decouple fossil fuels from the increasing demands for energy while ensuring supply chain security. The initial brief of the executive will be to: Phase (1) Produce a viable 5-year business plan and pitch deck; Phase (2) Bring together the required collaboration team for producing a demonstrable minimum viable product; Phase (3) Support preparation of company spin-out approval documents to present to University exec board Phase (4) Complete the formation of the Spin-out a. Act for the company in the spin-out legal process and address all company formation matters;] b. Obtain founder academics and University approval for appointment as CEO. Phase (5) Secure (venture capital and other) funding. Produce the funds by which the new start-up company can consider employing the executive going forward. It is expected, and the intent of the scheme, that the Executive will remain with the business following the end of the contract period. However, such appointment will be at the discretion of the board and university and will be subject to confirmation, typically at Stage 4 above]

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-87eb0d58-334d-4b76-abac-6352316b1930
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/83ca692e-f2d7-4a19-a6ab-bd434e5cebc4
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
SME

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
£27,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Apr 20223 years ago
Submission Deadline
3 Feb 2022Expired
Future Notice Date
Not specified
Award Date
2 Mar 20223 years ago
Contract Period
4 Mar 2022 - 30 Sep 2022 6-12 months
Recurrence
Not specified

Notice Status

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

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

BOUNDARY CAPITAL

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

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