---
title: "NU1246-14 PARTICIPANT HUB: Commercialisation of university research through provision of management skills to assist in successful spin-out company creation"
ocid: "ocds-b5fd17-ecbe5b34-a885-4624-906a-5236b286b4c3"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ecbe5b34-a885-4624-906a-5236b286b4c3"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ecbe5b34-a885-4624-906a-5236b286b4c3.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ecbe5b34-a885-4624-906a-5236b286b4c3.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2019-02-05"
---

# NU1246-14 PARTICIPANT HUB: 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-ecbe5b34-a885-4624-906a-5236b286b4c3

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## Summary

The procurement process, initiated by Newcastle University, centres around the tender titled "NU1246-14 PARTICIPANT HUB". This project falls under the financial consultancy services sector and is located in Newcastle, North East England. It is currently at the Award stage, having been completed on 5th February 2019. The tender period concluded on 21st January 2019, with a contract valued at £25,000 running from 1st March to 30th September 2019. The procurement method utilised was an open procedure, allowing widespread participation.

This tender presents a unique opportunity for SMEs, particularly those providing consultancy services or expertise in academic research applications. Businesses that specialise in creating survey methods, data analysis, or customer insight would be particularly well-suited to compete in this process. The Participant Hub aims to innovate in the business fact-finding market, making this a prime chance for companies to showcase their skills in a rapidly growing sector valued at approximately £4.8 billion annually.

## Notice

The Participant Hub Ltd (TPH) is a proposed Survey Platform spinout company from Durham's Department of Psychology. It intends to serve the need of businesses wishing to more precisely and rapidly understand customers' needs (Business Fact-Finding). This market is currently estimated to be worth about PS4.8b pa and employs 73,000 people . It is proposed that TPH will enter this market by first establishing itself in the smaller market for Academic Researchers. Academic research groups utilise on-line surveys to establish scientific facts for the purpose of publishing academic papers (Scientific Fact-Finding). By first operating in the Scientific Fact-Finding market, TPH will be able to develop the capacity and expertise to expand into the vast Business Fact-Finding market. TPH will create new survey methods, recruitment techniques, and business approaches that have the potential to serve customers more efficiently then the incumbent players in the Business Fact-Finding market.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c28a3494-df39-405a-9887-04f375c24766 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Feb 2019 |
| Submission deadline | 21 Jan 2019 |
| Future notice date | Not specified |
| Award date | 5 Feb 2019 |
| Contract period | 1 Mar 2019 - 30 Sep 2019 |
| 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 |
| 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 | HERMISTON CONSULTING |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 5 Feb 2019 at 09:15 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c28a3494-df39-405a-9887-04f375c24766

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c28a3494-df39-405a-9887-04f375c24766
  5th February 2019 - 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-ecbe5b34-a885-4624-906a-5236b286b4c3. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ecbe5b34-a885-4624-906a-5236b286b4c3.json.