---
title: "(NU/1433-42) ReJI: The Provision of Business Consultancy to Assist Commercialisation of University Research"
ocid: "ocds-b5fd17-e7a3a34b-277b-4d1e-9068-3ffe382015d4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-e7a3a34b-277b-4d1e-9068-3ffe382015d4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-e7a3a34b-277b-4d1e-9068-3ffe382015d4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-e7a3a34b-277b-4d1e-9068-3ffe382015d4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2023-01-20"
---

# (NU/1433-42) ReJI: The Provision of Business Consultancy to Assist Commercialisation of University Research

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-e7a3a34b-277b-4d1e-9068-3ffe382015d4

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## Summary

Newcastle University has awarded a contract for the provision of business consultancy services to assist in the commercialisation of university research. The tender title is "(NU/1433-42) ReJI: The Provision of Business Consultancy to Assist Commercialisation of University Research." The procurement falls under the business and management consultancy services category with a value of £30,000 in GBP. The tender was issued through a selective procurement method with a restricted procedure. The tender period ended on 22nd November 2022, and the contract period is from 17th December 2022 to 30th April 2023. The awarded supplier is IVO Associates, and the contract value is £28,900.

This tender by Newcastle University provides an opportunity for businesses specialising in business consultancy services to grow and collaborate with the university. Small and medium-sized enterprises (SMEs) would be well-suited to compete due to the tender's focus on market assessment, business planning, legal processes, and securing funding. The contract period allows for a substantial partnership duration until the end of April 2023, creating a conducive environment for the selected supplier to contribute to the university's commercialisation efforts.

## Notice

Three-dimensional (3D) bioprinting utilises printing techniques to combine cells, growth media and/or biomaterials to produce 3D bio-tissues, with the aim of imitating natural tissue characteristics. Fields in which 3D bioprinting could be used include tissue engineering, regenerative medicine, drug toxicology screening, clinical transplantation, high-throughput assays, and cancer research. The initial brief of the executive will be to: (1) Phase 1 - Provide a market assessment/evaluation and present a recommendation for launch and go-to-market strategy for company (2) Produce a viable 5 year business plan; (3) Obtain university approval for the venture; (4) 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 Research England reporting requirements; (5) Secure (venture capital and other) funding

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/8f09ab8a-8ee1-461d-a966-12ca532a1495 |
| 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 | 20 Jan 2023 |
| Submission deadline | 22 Nov 2022 |
| Future notice date | Not specified |
| Award date | 22 Dec 2022 |
| Contract period | 9 Jan 2023 - 30 Apr 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £28,900 |
| 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 | IVO ASSOCIATES |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 20 Jan 2023 at 13:46 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/8f09ab8a-8ee1-461d-a966-12ca532a1495

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/8f09ab8a-8ee1-461d-a966-12ca532a1495
  20th January 2023 - Awarded contract notice on Contracts Finder

## Notice URLs

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

## Provenance

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