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 08:25

Summary of the contracting process

Newcastle University is seeking business consultancy services to assist in the commercialisation of university research through the contract titled "(NU/1433-29) Clean Hydrogen Limited: The Provision of Business Consultancy to Assist Commercialisation of University Research". This procurement is classified in the industry category of "Business and management consultancy and related services" and falls under a selective procurement method. The procurement process is currently at the Award stage, with the contract awarded recently and a budget of £27,000. The primary location for delivery is the UK. Key dates include the contract signing on 2nd March 2022.

This tender presents a valuable opportunity for businesses involved in consultancy services, especially those with expertise in commercialising university research and developing business plans within the energy sector. Companies specialising in business strategy, venture capital advisory, or academic partnerships would be particularly well-suited to compete, especially those that can navigate the challenges of transitioning innovative research into viable commercial products and secure funding for new ventures.

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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]

Lot Information

Lot 1

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-h6vhtk-032a81
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/009190-2022
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
£27,000 Under £100K

Notice Dates

Publication Date
6 Apr 20223 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
2 Mar 20223 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
Not specified

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

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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