---
title: "NU/1246-5 PEPMOTEC (2) Commercialisation of university research through provision of management skills to assist in successful spin-out company creation"
ocid: "ocds-b5fd17-57f60667-cacc-477e-96f3-6cf71ba42914"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-57f60667-cacc-477e-96f3-6cf71ba42914"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-57f60667-cacc-477e-96f3-6cf71ba42914.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-57f60667-cacc-477e-96f3-6cf71ba42914.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2018-02-02"
---

# NU/1246-5 PEPMOTEC (2) Commercialisation of university research through provision of management skills to assist in successful spin-out company creation

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-57f60667-cacc-477e-96f3-6cf71ba42914

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## Summary

The Newcastle University is conducting a procurement process titled "NU/1246-5 PEPMOTEC (2) Commercialisation of university research through provision of management skills to assist in successful spin-out company creation." This procurement falls under the financial consultancy services category and is taking place in the North East region of the United Kingdom. The contract period for this initiative began on 1 February 2018 and will conclude on 31 January 2019. The procurement method used is classified as "Other," and it is currently in the Award stage following the end of the tender period, which closed on 4 January 2018.

This tender presents a valuable opportunity for small and medium-sized enterprises (SMEs) involved in financial consultancy services, particularly those with expertise in managing start-ups and commercialisation processes. Businesses that are well-versed in supporting research-driven ventures and have experience in securing venture capital funding would be ideally suited to compete in this procurement. Given the focus on leveraging innovative technologies for drug discovery, companies with a background in pharmaceuticals, biotechnology, or related sectors could find significant growth potential by engaging with this newly-formed company, Pepmotec.

## Notice

Dr Steven Cobb of Durham University has developed a novel chemical synthesis pathway that overcomes some well-known limitations of current methods of producing modified and cyclic therapeutic peptides. The proposal is to set up a company ("Pepmotec") to exploit the commercial opportunities presented by a core technology platform which is protected by two related patent families. The technology has considerable potential for use in the production of novel peptides for drug discovery as well as re-engineering existing candidate therapeutic peptides and established protein therapeutics to enhance stability, safety and effectiveness. The business will initially seek to use its core IP and know-how to design and manufacture novel peptides on a fee-for-service basis and develop business for this service from among the large and diverse community of peptide development and pharma companies in the UK and internationally. Once the technology becomes better established and validated we believe there is significant potential to develop novel IP rich compounds through strategic collaborations with pharma companies, licensing out the technology and possibly even having an R&D programme for the company. The initial brief of the executive will be to: (a) Review existing business aims and produce a viable business plan; (b) Act for the company during formation in legal processes and address all company matters post-formation; (c) Secure (venture capital or other) funding or a customer funded work programme Phase (c) will produce the funds by which the new start-up company can remunerate 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f8d3fde9-6e2b-4505-a7ea-346c5c867763 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Feb 2018 |
| Submission deadline | 4 Jan 2018 |
| Future notice date | Not specified |
| Award date | 26 Jan 2018 |
| Contract period | 1 Feb 2018 - 31 Jan 2019 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £25,000 |
| Lots value | Not specified |
| Awards value | £25,000 |
| 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 UPON TYNE |
| 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 | DR CLIFF RUSH |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 2 Feb 2018 at 08:26 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/f8d3fde9-6e2b-4505-a7ea-346c5c867763

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f8d3fde9-6e2b-4505-a7ea-346c5c867763
  2nd February 2018 - Awarded contract notice on Contracts Finder

## Notice URLs

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

## Provenance

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