---
title: "NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research"
ocid: "ocds-h6vhtk-02e928"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02e928"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02e928.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02e928.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "NEWCASTLE UNIVERSITY"
published: "2021-10-07"
---

# NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Tender  
OCID: ocds-h6vhtk-02e928

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## Summary

The Newcastle University, acting on behalf of a consortium including Sunderland, Northumbria, Durham, and Teeside universities, as well as the University of Bath under the SETsquared Partnership, is currently in the planning stage for the tender titled "NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research." This procurement falls under the category of business and management consultancy services, with an estimated total value of £3,500,000. The deadline for submissions has not been specified, but the process will engage qualified executives through a Dynamic Purchasing System (DPS) as required over the period of the contract.

This opportunity presents a significant potential for growth, particularly for consulting firms and experienced business executives with expertise in commercialisation and venture funding. Organisations that specialise in developing business plans, securing investments, and navigating the complexities of university spin-offs would be particularly well-suited to compete. By participating in this tender, businesses can play a crucial role in shaping successful university-backed companies, thus enhancing their portfolio and contributing to innovative research commercialisation efforts.

## Notice

Newcastle, Sunderland, Northumbria, Durham, Teeside universities together with the University of Bath on behalf of the SETsquared Partnership (the Enterprise collaboration of the Universities of Bath, Bristol, Exeter, Southampton and Surrey) and any other HE Institution that wishes to join this DPS, as detailed in the Office for Students Register, https://www.officeforstudents.org.uk/advice-and-guidance/the-register/the-ofs-register/ will engage suitably qualified and experienced executives through the DPS as and when required over the DPS period. The specific requirements will be detailed in each individual further competition. The typical brief of an executive will be to: (a) Produce a viable business plan; (b) Obtain university approval for the venture; (c) Act for the company in the spin-out legal process and address all company formation matters; (d) Provide to the appropriate university all matters necessary for Research England and ESIF reporting requirements; (e) Secure (venture capital and/or other) funding in accordance with the business plan. This will be a cyclical process throughout the entire Research England, and potential ESIF project along with any additional funding streams.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/025018-2021 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Not Specified |
| Procurement method details | Not specified |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Oct 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Not specified |
| Lots status | Not specified |
| Awards status | Not specified |
| 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 | Not specified |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 7 Oct 2021 at 10:48 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/025018-2021

## Notice URLs

- https://ted.europa.eu/udl?uri=TED:NOTICE:016574-2019:TEXT:EN:HTML
- https://www.ncl.ac.uk
- https://www.officeforstudents.org.uk/advice-and-guidance/the-register/the-ofs-register/

## 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-h6vhtk-02e928. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02e928.json.