Award

(NU1433-17) SmartBioFilm Ltd: The Provision of Business Consultancy to Assist Commercialisation of University Research

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

22 Jan 2021 at 12:55

Summary of the contracting process

The procurement process involves Newcastle University, in collaboration with Durham University, Northumbria University, and the University of Sunderland, issuing a tender titled "(NU1433-17) SmartBioFilm Ltd: The Provision of Business Consultancy to Assist Commercialisation of University Research." This contract falls within the business and management consultancy services sector and is located in the UK. The procurement method used is selective, under a restricted procedure, and it has reached the award stage, with an active status as of 22 January 2021. The total contract value is £29,600, and the contract was signed on 17 January 2021.

This tender presents significant business growth opportunities, particularly for consultancy firms specialising in commercialisation strategies, business planning, and securing venture capital. Companies with expertise in developing business plans, engaging with potential investors, and navigating the technology licensing process would be aptly positioned to compete for this contract. Given that all four bids submitted were from small and medium-sized enterprises (SMEs), it highlights the potential for similar-sized businesses to successfully participate and contribute to the commercialisation of innovative technologies derived from university research.

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Notice Title

(NU1433-17) SmartBioFilm Ltd: The Provision of Business Consultancy to Assist Commercialisation of University Research

Notice Description

Scientists from Durham University have invented a novel device that will both detect and destroy bacterial biofilms. They have developed an electrochemical platform for detection and destruction of bacterial biofilms. This drug-free, battery-free approach is low cost and can be mass-produced. The proof of concept has been demonstrated for this device and work is underway to optimise the technology for different sectors, in particular wound dressings. An executive is now needed to drive the technology towards commercialisation, developing the commercialisation strategy and business plan and securing investment in the proposition and leading to licensing of the technology to manufactures in relevant sectors. The Executive will be expected drive the SmartBioFilm technology towards commercialisation and will address business matters relating to it including: (1) produce a viable commercial plan (business plan, cost and timeplan) and roadmap for the development of a product portfolio based on the current IP; (2) prepare presentation and pitch materials in accordance with the business plan and present to potential investors to enable securing of investment funding. (3) lead on setting up fully spun out company with relevant legal agreements in place. (4) Build a pipeline of commercial R&D contracts by engaging with large corporates and established businesses.

Lot Information

Lot 1

Newcastle, Durham, Sunderland and Northumbria universities, in common with universities throughout the UK, have advanced relevant systems and procedures and also dedicate significant public resource to both research and commercialisation of that research. A key route to commercialisation is the creation of a new business (a spin-out company) wherein the intellectual property (IPR) developed exclusively licenced to a university start-up company in exchange for (founders) shares in that company. The universities ill engage suitably qualified and experienced executives through the DPS as and when required over the DPS period. The specific requirements will be detailed in each further competition. The initial brief of the executive for which he/she will be paid, dependent upon the scope of the specific project engagement sought, either a payment or a combination of a payment and a share/stock option will typically be to: (a) produce a viable business plan; (b) obtain university approval for the venture; (c) act for the company in the spin-out legal process and address all the company formation matters; (d) provide to the appropriate university all matters necessary for ESIF,ERDF and Research England reporting requirements; (e) secure (venture capital and/or other) funding in accordance with the business plan.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-028c8d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/001335-2021
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
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
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£29,600 Under £100K

Notice Dates

Publication Date
22 Jan 20215 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
17 Jan 20215 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
NEWCASTLE UNIVERSITY
Additional Buyers

DURHAM UNIVERSITY

EUROPEAN UNION

NORTHUMBRIA UNIVERSITY NEWCASTLE

UNIVERSITY OF SUNDERLAND

Contact Name
Mrs Natalie Morton
Contact Email
cheryl.holmstrom@sunderland.ac.uk, edwin.e.milligan@durham.ac.uk, hugh.rhodes@northumbria.ac.uk, natalie.morton@ncl.ac.uk
Contact Phone
+44 1912086396

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

Open Contracting Data Standard (OCDS)

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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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