Award

Accelerating FemTech and MedTech Venture Kickstarter - HIN

GUY'S AND ST THOMAS' NHS FOUNDATION TRUST

This public procurement record has 3 releases in its history.

AwardUpdate

28 Oct 2025 at 15:23

AwardUpdate

28 Oct 2025 at 14:57

Award

28 Oct 2025 at 14:28

Summary of the contracting process

The procurement process led by Guy's and St Thomas' NHS Foundation Trust focuses on the "Accelerating FemTech and MedTech Venture Kickstarter - HIN," a project within the public authority - central government industry category. This initiative is part of a broader strategy to position St Thomas’ Campus as a MedTech hub in London. Located in London, the tender has recently been updated as of 28 October 2025, and the procurement stage is complete. The process utilises a direct award method with King's College London as the supplier due to intellectual property rights, in accordance with the Procurement Act 2023. The contract, valued at £400,000, is scheduled to commence on 10 November 2025 and conclude on 31 March 2026. Key regulatory deadlines include signing off on 10 November 2025.

This contract represents a significant opportunity for businesses positioned in the MedTech sector, particularly those with capabilities in the development and commercialisation of medical devices. Companies that specialise in research and development consultancy services, as indicated by the CPV classification 73200000, would benefit from engaging with this programme. Large enterprises with established networks and intellectual property rights, similar to King's College London, are ideally suited to compete in such tenders, providing unique solutions that align with Innovate UK's strategy. This project offers a platform for businesses to grow by supporting the commercial readiness of innovative medical devices, aligning with societal health challenges.

How relevant is this notice?

Notice Information

Notice Title

Accelerating FemTech and MedTech Venture Kickstarter - HIN

Notice Description

The Health Innovation Network South London (HIN SL) has been awarded a grant by Innovate UK to deliver two Biomedical Catalyst Accelerators. The outcome of the programme will seek to support innovative companies to de-risk and accelerate the commercial readiness of medical devices. This is part of the strategy for St Thomas' Campus to be a Medtech Hub for London Societal Challenge 1 (SC1).

Procurement Information

The following rationale supports the proposed direct award under Schedule 5 of the Procurement Act 2023 on the grounds of the novelty of the service and King's College London having intellectual property rights in delivering the MedTech Venture Kickstarter as implied in the Innovate UK grant offer letter and thus there leaves no reasonable alternatives other than for King's College London to deliver the programme. This approach is in accordance with Section 41 by reference to paragraph 2(a) and paragraph 5(a) and (b) of the Procurement Act 2023.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-05d55f
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/069054-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK5 - Transparency Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73200000 - Research and development consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£400,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Oct 20251 weeks ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
28 Oct 20251 weeks ago
Contract Period
10 Nov 2025 - 31 Mar 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Pending
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
GUY'S AND ST THOMAS' NHS FOUNDATION TRUST
Contact Name
Sandra Baiden
Contact Email
sandra.baiden1@nhs.net
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SE1 9RT
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified

Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Supplier Information

Number of Suppliers
1
Supplier Name

KING'S COLLEGE LONDON

Further Information

Notice Documents

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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