Award

(NU/1433-46) Teacher Success Project (TSP): The Provision of Business Consultancy to Assist Commercialisation of University Research

NEWCASTLE UNIVERSITY

This public procurement record has 1 release in its history.

Award

10 Feb 2023 at 14:12

Summary of the contracting process

The Newcastle University has awarded a contract for the provision of business consultancy services for the Teacher Success Project to H2 optimal. The project aims to commercialise university research through the development of online tools to select teacher applicants effectively and support novice teachers and school leaders. The procurement was conducted through a selective procurement method with a focus on quality criteria and equity factors.

This tender presents an opportunity for businesses with expertise in educational technology markets and initial teacher education to compete. The selected business executive will be tasked with finalising business and financial plans, securing investments, obtaining university approval for a spin-out company, and fulfilling all legal requirements. Companies specialising in business and management consultancy services are well-suited to meet the requirements of this tender and contribute to the success of the Teacher Success Project.

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Notice Title

(NU/1433-46) Teacher Success Project (TSP): The Provision of Business Consultancy to Assist Commercialisation of University Research

Notice Description

TSP--the Teacher Success Project--at the University of York (UoY) has developed a suite of online tools to (a) identify the most suitable teacher applicants effectively and efficiently using video and text situational judgment methodologies, and (b) build the confidence and competence of novice teachers and emerging school leaders using a 'scenario-based learning' (SBL) methodology. We are looking for an experienced and appropriate business executive to progress this opportunity. The ideal candidate will have experience and understanding of educational technology markets, initial teacher education, and international education markets.

Lot Information

Lot 1

The initial brief of the executive will be to: (1) Work with the TSP team to review and finalise draft business plan, financial plan and investor pitch deck; (2) Secure an offer/s of investment (venture capital and/or other term sheet/s); (3) Obtain university approval for the new spin-out; (4) a. Complete spin-out company initial formation; b. Obtain founder academics' and the University of York approval for appointment as CEO; c. Provide to the appropriate university all matters necessary for Research England reporting requirements; (5) Secure investment into the company and compete all required legal documents

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03a4bb
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/004196-2023
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
£28,000 Under £100K

Notice Dates

Publication Date
10 Feb 20233 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Feb 20233 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
chelsea.brain@northumbria.ac.uk, cheryl.holmstrom@sunderland.ac.uk, david.pratt@tees.ac.uk, edwin.e.milligan@durham.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

H2 OPTIMAL

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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