---
title: "NU1433-14 Plastech Innovation Ltd: The Provision of Business Consultancy to Assist Commercialisation of University Research."
ocid: "ocds-b5fd17-e2bc66de-ed6a-492b-b230-e51c19891c21"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e2bc66de-ed6a-492b-b230-e51c19891c21"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e2bc66de-ed6a-492b-b230-e51c19891c21.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e2bc66de-ed6a-492b-b230-e51c19891c21.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2020-11-03"
---

# NU1433-14 Plastech Innovation Ltd: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-e2bc66de-ed6a-492b-b230-e51c19891c21

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## Summary

The Newcastle University is seeking a business consultancy to assist in the commercialisation of Plastech Innovation Ltd's patented technology, which converts waste plastic into plastic aggregates for construction materials. The procurement process, which has reached the Award stage, is associated with the industry category of business and management consultancy services and has a contract value of £28,800. The contract period is set to commence on 1st November 2020 and will conclude on 1st November 2021, following a tender period that closed on 9th October 2020.

This tender presents lucrative opportunities for businesses experienced in start-up development, especially those within the construction and manufacturing sectors. Ideal candidates would include SMEs with expertise in raising finance, developing business plans, and formulating commercial strategies, given the requirement for specialist knowledge in transitioning university spin-outs into the commercial realm. Such experience would enable firms to effectively contribute to the project's goals while fostering growth through collaboration with Newcastle University and Plastech Innovation Ltd.

## Notice

Plastech Innovation, the first student spin-out from Durham University has a patent pending technology to transform waste plastic into plastic aggregates for use in concrete and other construction materials. Its technology is a market-disruptor, enabling construction companies to partially replace sand in traditional building materials, primarily concrete. Our plastic aggregate reduces CO2 emissions from plastic waste incineration, the transportation of heavy natural aggregates and provides a solution to global construction-grade sand and lightweight aggregate shortages. It also provides additional socio-economic and environmental benefits. The Plastech team is made up of three co-founders who have left academia to run the company, Natasha Boulding, CEO, Phil Buckley, COO, and Scott Bush, CTO. They have expertise in STEM and were all PhD researchers at Durham University. Plastech also has 2 non-executive directors, Dr David King, an ex-senior executive in the chemical industry and Professor Lian Hutchings, a professor of polymer chemistry. Durham University are looking for an advisor to work with the Plastech Innovation team to help them to make the transition from early stage University spinout to commercialisation. This will entail tutoring, advising upon key stages of business plan drafting, commercial strategy development, feedback on investment materials (pitch presentations and the like), and suitable financial plans, models and timelines. From that perspective, we will be looking for an individual with experience in start-ups/spin-outs development and to have experience raising finance. Moreover, experience in the construction/manufacturing/concrete industries and scale-up is highly requested.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/1aca5808-2568-454b-b42d-c38ff7f17bae |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Other - |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 3 Nov 2020 |
| Submission deadline | 9 Oct 2020 |
| Future notice date | Not specified |
| Award date | 21 Oct 2020 |
| Contract period | 1 Nov 2020 - 1 Nov 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £28,800 |
| 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), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | HOLISTIC CAPITAL |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 3 Nov 2020 at 11:24 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/1aca5808-2568-454b-b42d-c38ff7f17bae

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/1aca5808-2568-454b-b42d-c38ff7f17bae
  3rd November 2020 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://ncl.ac.uk

## Provenance

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