Award

NU/1246-11 AGRI-INNOVATIONS Commercialisation of university research through provision of management skills to assist in successful spin-out company creation

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

30 Oct 2018 at 09:58

Award Notice
Summary of the contracting process

The procurement process titled "NU/1246-11 AGRI-INNOVATIONS" involves Newcastle University, with a focus on harnessing university research for commercialisation in the agri-food sector. This project, classified under Financial consultancy services, aims to provide R&D capability for local to global markets. The awarded contract, valued at £28,400, commenced on 13th October 2018 and will conclude on 28th February 2019. The procurement was conducted through an open procedure, with the tender period ending on 10th August 2018, making it suitable for small and medium-sized enterprises (SMEs) to participate.

This tender presents significant opportunities for businesses specialising in financial consultancy and those looking to innovate within the agri-tech sector. Companies that can provide management skills to establish spin-out ventures or possess expertise in agricultural diagnostics and analytical technology would be well positioned to compete. Engaging with this project could allow businesses to tap into Newcastle University's extensive networks and collaborations within agri-innovation, potentially leading to sustainable growth and expansion in this evolving market.

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Notice Information

Notice Title

NU/1246-11 AGRI-INNOVATIONS Commercialisation of university research through provision of management skills to assist in successful spin-out company creation

Notice Description

Agri-Innovations is a proposed spin-out from Newcastle University focusing on providing R&D capability and services for the whole agri-food value chain and commercialising diagnostic and analytical technologies. Agri-Innovations will serve local, national and global markets, and is a response to the rapidly growing reliance of the agri-food sector on advanced technologies to deliver profitable and sustainable production. Agri-Innovations capitalises on the extensive combined experience of established and newly appointed staff to Newcastle University and underpinned by a range of diagnostics and analytical technology platforms for crops and livestock. Commercial potential is also underpinned by the University's involvement (with PS1.25 million external investment) in two of the national Agri-tech Centres, (Centre for Crop Health and Protection and the Centre for Innovation Excellence in Livestock), our joint Institute in Agri-food and Innovation (IAFRI) with Fera Science Limited, our partnership within the N8 Universities AgriFood Resilience programme and an extensive portfolio of industry funding and networks with agri-chem, farming and agri-innovation companies.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-def12db9-c314-41bf-a7f3-f53d2485fc20
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/63bc0f6e-73f3-4943-8969-233f1b106afb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66171000 - Financial consultancy services

Notice Value(s)

Tender Value
£30,000 Under £100K
Lots Value
Not specified
Awards Value
£28,400 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Oct 20187 years ago
Submission Deadline
10 Aug 2018Expired
Future Notice Date
Not specified
Award Date
11 Oct 20187 years ago
Contract Period
12 Oct 2018 - 28 Feb 2019 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

IVO ASSOCIATES

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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