---
title: "(NU/1433-22) ESP (Extracellular Synucleinopathic Protein) Diagnostics Ltd: Commercialisation of university research through provision of management skills to assist in successful spin-out company creation"
ocid: "ocds-b5fd17-c044ee84-5292-49f4-be75-053a5524c900"
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markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c044ee84-5292-49f4-be75-053a5524c900.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c044ee84-5292-49f4-be75-053a5524c900.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2021-12-22"
---

# (NU/1433-22) ESP (Extracellular Synucleinopathic Protein) Diagnostics Ltd: 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-c044ee84-5292-49f4-be75-053a5524c900

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## Summary

The recent procurement opportunity involves Newcastle University seeking management services for the commercialisation of university research specifically focusing on the development of a spin-out company related to ESP (Extracellular Synucleinopathic Protein) diagnostics. This project falls under the business and management consultancy services category and has an estimated value of £30,000. The contract is currently in the award stage, having been awarded on 10th December 2021. The contract will commence on 16th December 2021 and conclude on 31st March 2022. Interested parties should note that the delivery will take place in the North East region of the United Kingdom.

This contract presents a significant opportunity for businesses that specialise in consultancy services, particularly those with expertise in healthcare, management, and business planning. Small and medium-sized enterprises (SMEs) would be particularly suited to this tender as the project aims to develop a robust five-year business plan and secure venture capital funding for the start-up. Businesses with a strong background in assisting academic institutions and experience in the biotech or healthcare sectors may find this tender especially advantageous for growth and collaboration prospects.

## Notice

Every year in the UK, around 20,000 new cases of Parkinson's disease are diagnosed along with over 20,000 new cases of Dementia with Lewy bodies (DLB), the second commonest form of dementia after Alzheimer's disease. Dementia is the biggest healthcare challenge globally, this being recognised in the UK through the Prime Minister's Challenge on Dementia 2020 and the NHS England Five Year Forward View, where improving diagnosis, treatment and care is a core focus. These neurodegenerative disorders carry a huge economic burden, in the US alone the annual costs exceed $850 billion, with this estimated to double in the next three decades. DLB is the costliest type of dementia, with patients needing more emergency care, hospitalisation, treatment, and with a greater caregiver burden. We are looking for an executive and the initial brief of the executive will be to: (1) Produce a viable 5 year business plan; (2) Obtain university approval for the venture; (3) a. Act for the company in the spin-out legal process and address all company formation matters; b. Obtain founder academics' and Newcastle University (including the Head of Company Creation) approval for appointment as CEO. c. Provide to the appropriate university all matters necessary for ERDF or Research England reporting requirements; (4) Secure (venture capital and other) funding Stage (4) will produce the funds by which the new start-up company can consider employing 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. However, such appointment will be at the discretion of the board and appropriate university and will be subject to confirmation, typically at Stage 3 above.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/d56cee2b-8ecb-4807-94bb-6819f532fce3 |
| 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 | 22 Dec 2021 |
| Submission deadline | 15 Oct 2021 |
| Future notice date | Not specified |
| Award date | 10 Dec 2021 |
| Contract period | 16 Dec 2021 - 31 Mar 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £24,000 |
| 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 | ATHYMETRIX |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 22 Dec 2021 at 10:38 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/d56cee2b-8ecb-4807-94bb-6819f532fce3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/d56cee2b-8ecb-4807-94bb-6819f532fce3
  22nd December 2021 - Awarded contract notice on Contracts Finder

## Notice URLs

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

## Provenance

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