---
title: "NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research"
ocid: "ocds-b5fd17-717b5dfa-f520-429c-9658-7efa5e440f6c"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-717b5dfa-f520-429c-9658-7efa5e440f6c"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-717b5dfa-f520-429c-9658-7efa5e440f6c.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-717b5dfa-f520-429c-9658-7efa5e440f6c.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "NEWCASTLE UNIVERSITY"
published: "2019-01-14"
---

# NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Tender  
OCID: ocds-b5fd17-717b5dfa-f520-429c-9658-7efa5e440f6c

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## Summary

The tender titled "NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research" is being conducted by Newcastle University. This process falls under the category of business and management consultancy services, focusing on the North East region of the United Kingdom. The procurement is at the planning stage, with the deadline for submissions set for 18th February 2019. The total value of the contract is £2,500,000, and the awarded contract period will commence from 28th February 2019 and last until 31st December 2023. The procurement method applied is a selective, restricted procedure, allowing only qualified applicants to compete for this contract.

This tender presents significant opportunities for businesses specialising in consultancy services, particularly those with expertise in commercialising academic research. Small and medium-sized enterprises (SMEs) that can demonstrate experience in producing viable business plans, securing funding, and navigating the legal processes for company formation are well-suited to compete. The cyclical nature of the services required means that businesses can establish ongoing relationships with the universities involved, providing a platform for continuous growth and collaboration in the sector.

## Notice

Newcastle, Sunderland, Northumbria and Durham universities will engage suitably qualified and experienced executives through the DPS as and when required over the DPS period. The specific requirements will be detailed in each individual further competition. The typical brief of an executive will be to: (a) Produce a viable business plan; (b) Obtain university approval for the venture; (c) Act for the company in the spin-out legal process and address all company formation matters; (d) Provide to the appropriate university all matters necessary for Research England and ESIF reporting requirements; (e) Secure (venture capital and/or other) funding in accordance with the business plan. This will be a cyclical process throughout the entire Research England and potential ESIF project along with any additional funding streams.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/b84a7992-3c5c-4e4e-bc0d-11a6f14617aa |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Jan 2019 |
| Submission deadline | 18 Feb 2019 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 28 Feb 2019 - 31 Dec 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,500,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Not specified |
| Awards status | Not specified |
| 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) |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 14 Jan 2019 at 10:56 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/b84a7992-3c5c-4e4e-bc0d-11a6f14617aa

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/b84a7992-3c5c-4e4e-bc0d-11a6f14617aa
  14th January 2019 - Opportunity notice on Contracts Finder

## Notice URLs

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

## Provenance

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