---
title: "(NU/1433-39) EcoTech Devices: The Provision of Business Consultancy to Assist Commercialisation of University Research."
ocid: "ocds-b5fd17-b16be1e1-b4ef-4a1d-a2ee-684f7ad05e58"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-b16be1e1-b4ef-4a1d-a2ee-684f7ad05e58"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-b16be1e1-b4ef-4a1d-a2ee-684f7ad05e58.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-b16be1e1-b4ef-4a1d-a2ee-684f7ad05e58.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2023-01-12"
---

# (NU/1433-39) EcoTech Devices: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-b16be1e1-b4ef-4a1d-a2ee-684f7ad05e58

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## Summary

The award was granted following a tender initiated by Newcastle University for services related to business and management consultancy. The contract, valued at £30,000 GBP, was awarded to IP2Impact. The procurement method used was a selective procedure with a restricted process. The contract period is set to run from 23rd December 2022 till 31st May 2023. This opportunity is particularly suited for small and medium enterprises (SMEs) looking to engage in consultancy services within the business and management sector in the North East region of the United Kingdom.

Newcastle University is the buying organisation that initiated this procurement process, focusing on the creation of a spin-out company 'EcoTech Devices Limited'. The tender represents the transition to the award stage, signifying the selection of IP2Impact as the successful supplier. Potential bidders interested in providing consultancy services and collaborating with academia for commercialisation ventures targetted at hot climatic regions and off-grid requirements should consider engaging with Newcastle University for opportunities like this.

## Notice

The Northumbria University team have developed two complementary ecotechnologies (namely, Solar2water and OptimumAirCon) though they may be targeting different market applications. Solar2water is an innovative atmospheric water generator (AWG) while OptimumAirCon is an innovative indirect evaporative cooling system (IEC). The aim is to create a spin-out company 'EcoTech Devices Limited' which will market and sell products globally (esp. in hot climatic regions and/or off-grid requirement scenarios) based on the two ecotechnologies. The initial brief of the executive will be to: (1) Produce a viable 5 year business plan; (2) Obtain university approval for the venture; a. Act for the company in the spin-out legal process and address all company formation matters; b. Provide to the appropriate university all matters necessary for Research England reporting requirements; (3) Finalise market-ready product spec and validate TAM (Total Addressable Market) (4) Engage with angels/VCs to attempt funding and promote to international partners

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/bcbfa472-3654-4110-b001-00eb842aa783 |
| 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 | 12 Jan 2023 |
| Submission deadline | 7 Nov 2022 |
| Future notice date | Not specified |
| Award date | 21 Dec 2022 |
| Contract period | 23 Dec 2022 - 31 May 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 | IP2IMPACT |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 12 Jan 2023 at 09:07 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/bcbfa472-3654-4110-b001-00eb842aa783

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/bcbfa472-3654-4110-b001-00eb842aa783
  12th January 2023 - Awarded contract notice on Contracts Finder

## Notice URLs

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

## Provenance

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