---
title: "(NU/1433- 41) IngeniumAI: The Provision of Business Consultancy to Assist Commercialisation of University Research."
ocid: "ocds-b5fd17-24cc7dbc-ed57-4bf5-a8cb-e7710187939e"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-24cc7dbc-ed57-4bf5-a8cb-e7710187939e"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-24cc7dbc-ed57-4bf5-a8cb-e7710187939e.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-24cc7dbc-ed57-4bf5-a8cb-e7710187939e.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2023-01-20"
---

# (NU/1433- 41) IngeniumAI: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-24cc7dbc-ed57-4bf5-a8cb-e7710187939e

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## Summary

Newcastle University has awarded a contract for business consultancy services to Giles Wilson. The tender, titled "(NU/1433- 41) IngeniumAI: The Provision of Business Consultancy to Assist Commercialisation of University Research," falls under the industry category of Business and management consultancy and related services. The procurement method used was a selective process with a restricted procedure. The contract period runs from January 6, 2023, to June 30, 2023, with a contract value of £30,000. The tender period ended on November 2, 2022, and the contract was awarded on January 4, 2023.

This tender by Newcastle University presents opportunities for businesses involved in business consultancy services to engage in supporting the commercialisation of university research. Companies with expertise in business planning, financial forecasting, securing funding, and legal processes for company spin-outs would be well-suited to compete for this tender. The tender location is in the North East region of the United Kingdom, providing local business entities with an advantage in participating in this procurement process.

## Notice

At IngeniumAI we aim to address the unnecessary delays in disease diagnosis. Currently the diagnosis of many diseases takes far too long. For example, to receive a diagnosis the average pulmonary hypertension (PH) patient has 5.3 GP visits and 3 referrals, taking on average 2 years, 2 months. By this point treatment options are severely limited. If left untreated the average time to mortality is only 2 years, 6 months. Delays in diagnosis of PH are estimated to cost more than PS27,000 per patient in additional healthcare resources and more than PS100,000 in wider economic costs. The total UK cost is more than PS250m per year, most of which could be eliminated with early screening. Globally these delays cause approximately 300,000 unnecessary deaths per year. We are responding to the opportunity by developing software to automatically analyse routine CT scans to enable early screening for diseases. The initial brief of the executive will be to: Phase 1 Produce a viable 5 year business plan and propose a business model with full supporting financial models and forecasts; Phase 2 Secure (venture capital and other) funding. We have been awarded PS300k from Innovate UK to fund activities within the business for 1 year from January 2023. The grant is paid 3 months in arrears and we will require sourcing of operating capital from January 2023 to facilitate the grant. Phase 3 a. Act for the company in the spin-out legal process to obtain university approval b. Address all company formation matters Phase 4 a. Obtain founder academics' and University approval for appointment as CEO. b. Provide to the appropriate university all matters necessary for reporting requirements Phase 5 Secure 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 appropriate university and will be subject to confirmation, typically at Stage 4 above

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9251a741-f5dd-4edb-88fa-6d5452b562bc |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 20 Jan 2023 |
| Submission deadline | 2 Nov 2022 |
| Future notice date | Not specified |
| Award date | 4 Jan 2023 |
| Contract period | 6 Jan 2023 - 30 Jun 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £30,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NEWCASTLE UNIVERSITY |
| Locality | NEWCASTLE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 7RU |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | GILES WILSON |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 20 Jan 2023 at 13:17 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9251a741-f5dd-4edb-88fa-6d5452b562bc

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9251a741-f5dd-4edb-88fa-6d5452b562bc
  20th January 2023 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.ncl.ac.uk

## Provenance

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