Award

(NU/1433-26) Encortec: 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 Dec 2021 at 12:40

Summary of the contracting process

The procurement process, led by Newcastle University, involves the tender titled "(NU/1433-26) Encortec: The Provision of Business Consultancy to Assist Commercialisation of University Research." It falls under the industry category of business and management consultancy services and is located in the UKC region, specifically covering universities in Newcastle, Sunderland, Northumbria, Durham, Teesside, and Bath. The process was marked as cancelled, having reached the award stage with a contract value of £25,000, with significant dates including the contract signing on 15th December 2021. This tender was executed using a selective procurement method, employing a restricted procedure for selecting suitable suppliers.

This tender presents a valuable opportunity for businesses specialising in consultancy services focused on commercialisation, particularly those with expertise in developing business plans and securing funding for research innovations. Companies capable of providing practical guidance in bringing energy harvesting technologies from the laboratory to market would be especially well-suited to compete. The engagement with multiple universities suggests a collaborative approach to innovation, making it an attractive opportunity for small and medium-sized enterprises with experience in the academic sector and those looking to expand their market presence within the research community.

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Notice Title

(NU/1433-26) Encortec: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Notice Description

Energy harvesting technologies have been a hot topic over the last decade due to their potential to replace batteries as power supplies in locations where mains or wired electricity supplies are not practicable delivering truly fit and forget solutions. However such technologies have presented huge challenges in translating laboratory prototypes into real-world applications. Typical issues faced are insufficient power output, narrow operating frequency range, low system reliability, efficiency and adaptability to real-world operating conditions. In particular, the power generated from existing systems is insufficient to support the data rich measurement and transmission demanded by wireless sensor systems for reliable critical asset monitoring The initial brief of the executive will be to: Develop a detailed business plan, considering the best route-to market and marketing strategy. Work with the existing team to map out the key activities and resources needed to launch and finance the business and raise funds to support these activities. This may transition into an executive role within the company possibly as CCO. The team have all the technical skills necessary to achieve the product development milestones but lack the necessary commercial experience.

Lot Information

Lot 1

Newcastle, Sunderland, Northumbria, Durham, Teesside universities together with the University of Bath on behalf of the SETsquared Partnership (the Enterprise collaboration of the Universities of Bath, Bristol, Exeter, Southampton and Surrey) and any other HE Institution that wishes to join this DPS, as detailed in the Office for Students Register, https://www.officeforstudents.org.uk/advice-and-guidance/the-register/the-ofs-register/ will 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 individual further competition. The typical brief of an executive will 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 company formation matters; (d) Provide to the appropriate university all matters necessary for Research England and ESIF reporting requirements; (e) Secure (venture capital and/or other) funding in accordance with the business plan. This will be a cyclical process throughout the entire Research England, and potential ESIF project along with any additional funding streams.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0304b5
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/032062-2021
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
£25,000 Under £100K

Notice Dates

Publication Date
22 Dec 20214 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
15 Dec 20214 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

TEESSIDE UNIVERSITY

UNIVERSITY OF BATH ON BEHALF OF THE SETSQUARED

UNIVERSITY OF SUNDERLAND

Contact Name
Mrs Natalie Morton
Contact Email
cheryl.holmstrom@sunderland.ac.uk, david.pratt@tees.ac.uk, edwin.e.milligan@durham.ac.uk, hugh.rhodes@northumbria.ac.uk, natalie.morton@ncl.ac.uk, pb487@bath.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

KILLEN CONSULTING

Open Contracting Data Standard (OCDS)

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