---
title: "(NU/1433-49) Neudio: The Provision of Business Consultancy to Assist Commercialisationof University Research"
ocid: "ocds-b5fd17-81d8265e-038e-41df-89b7-f5a4beeb6ff8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-81d8265e-038e-41df-89b7-f5a4beeb6ff8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-81d8265e-038e-41df-89b7-f5a4beeb6ff8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-81d8265e-038e-41df-89b7-f5a4beeb6ff8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2023-03-15"
---

# (NU/1433-49) Neudio: The Provision of Business Consultancy to Assist Commercialisationof University Research

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-81d8265e-038e-41df-89b7-f5a4beeb6ff8

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## Summary

Newcastle University has awarded a contract for the provision of business consultancy services. The tender, titled "(NU/1433-49) Neudio: The Provision of Business Consultancy to Assist Commercialisation of University Research," falls under the business and management consultancy services category. The procurement was a selective process with a restricted procedure. The contract period runs from February 13, 2023, to May 31, 2023. The tender had an end date of January 9, 2023, and is located in the North East region of the United Kingdom.

This tender by Newcastle University provides an opportunity for businesses specialising in business consultancy services to engage with the university in commercialising research. Small and medium enterprises (SMEs) would be well-suited to compete for this contract. Dr Joern Rickert Consulting was the successful supplier, receiving the contract worth £30,000. The consultancy aims to regulate brainwaves through closed-loop neurostimulation techniques, offering therapeutic benefits for various conditions. The tender process has successfully resulted in a partnership that can drive innovation and growth in the field of neuroscience.

## Notice

Neuroscience has revealed the importance of brainwaves for healthy and pathological brain function. Manipulating brainwaves can affect mood, memory, attention and sleep, with therapeutic benefits in conditions ranging from ADHD to anxiety to Alzheimer's, but current neuromodulation techniques are limited. Through research led by Newcastle University, we have demonstrated how 'closed-loop' neurostimulation (whereby brain signals control brain stimulation in a real-time feedback loop) can boost or suppress brainwave oscillations at different frequencies). Neudio combines closed-loop algorithms with non-invasive technologies (surface EEG recordings and musical stimulation) to regulate brainwaves. Effectively, our technology establishes a resonance between brain activity and music that enhances or suppresses brainwaves at specific frequencies. The initial brief of the executive will be to: Phase 1 - Write an ambitious business plan in line with ambitions and market opportunities Phase 2 - Obtain IP Spin Out Committee Approval Phase 3 - Complete spin-out legal process and act as company representative in legal formation of the company Phase 4 - Prepare investment pitch deck and due diligence documents Phase 5 - Initial negotiations to secure angel, seed or capital funding Stage (5) will produce the funds by which the new start-up company can consider employing the executive going forward

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fb7143a9-d582-49a6-ad49-0e333335ed9d |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Mar 2023 |
| Submission deadline | 9 Jan 2023 |
| Future notice date | Not specified |
| Award date | 3 Feb 2023 |
| Contract period | 13 Feb 2023 - 31 Mar 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 UPON TYNE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 8ER |
| 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 JOERN RICKERT CONSULTING |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 15 Mar 2023 at 13:09 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/fb7143a9-d582-49a6-ad49-0e333335ed9d

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/fb7143a9-d582-49a6-ad49-0e333335ed9d
  15th March 2023 - Awarded contract notice on Contracts Finder

## Notice URLs

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

## Provenance

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