---
title: "NU/1246-3 AMLo: Commercialisation of university research through provision of management skills to assist in successful spin-out company creation"
ocid: "ocds-b5fd17-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2017-09-19"
---

# NU/1246-3 AMLo: 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-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6

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## Summary

The procurement process is being conducted by Newcastle University for the project titled "NU/1246-3 AMLo: Commercialisation of university research through provision of management skills to assist in successful spin-out company creation." This initiative falls under the industry category of financial consultancy services and is located in the North East of the United Kingdom. The procurement stage has reached the award phase, with the contract awarded on 31 August 2017. The contract period spans from 1 September 2017 to 31 March 2018, with a total contract value of £25,000. The procurement method used is an open procedure.

This tender presents an excellent opportunity for businesses focused on financial consultancy, particularly those that can assist in the creation and management of spin-out companies from academic research. Companies with experience in business planning, legal processes related to company formation, and securing funding could thrive in this procurement environment. As the project aims to propel an academic initiative into a viable company, businesses equipped with expertise in these areas will find significant potential for growth and collaboration.

## Notice

The initial brief of the 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) Secure (venture capital and other) funding Stage (d) will produce the funds by which the new start-up company can employ 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/eb75f517-b6e4-41ae-a8b6-cac176aafb9b |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Sep 2017 |
| Submission deadline | 25 Aug 2017 |
| Future notice date | Not specified |
| Award date | 30 Aug 2017 |
| Contract period | 31 Aug 2017 - 31 Mar 2018 |
| 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 | SCICATE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 19 Sep 2017 at 15:13 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/eb75f517-b6e4-41ae-a8b6-cac176aafb9b

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/eb75f517-b6e4-41ae-a8b6-cac176aafb9b
  19th September 2017 - Awarded contract notice on Contracts Finder

## Notice URLs

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

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6.json.