---
title: "NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research"
ocid: "ocds-h6vhtk-02eb0d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02eb0d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02eb0d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02eb0d.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "NEWCASTLE UNIVERSITY"
published: "2021-10-12"
---

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

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Tender  
OCID: ocds-h6vhtk-02eb0d

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## Summary

Newcastle University is currently engaged in the procurement process titled "NU/1433 The Provision of Business Consultancy to Assist Commercialisation of University Research," focusing on business and management consultancy services. This contract, which has an estimated value of £3,500,000, affects universities in Newcastle, Sunderland, Northumbria, Durham, and Teesside, as well as the University of Bath under the SETsquared Partnership. The procurement is in the planning stage, with services to be procured through a Dynamic Purchasing System (DPS). Further competitions will be organised throughout the DPS period, requiring interested parties to produce detailed business plans and secure funding for new business ventures tied to university research.

This tender presents significant opportunities for consultancy and business development firms, particularly those with expertise in aiding university spin-outs and commercialisation of academic research. Businesses that possess experience in creating viable business plans, securing venture capital and understanding higher education's operational landscape will find this tender especially relevant. As the role involves working closely with universities to navigate the complexities of commercialising research, companies capable of providing high-quality executive leadership and strategic guidance are well-suited to compete for this contract.

## Notice

Newcastle, Sunderland, Northumbria, Durham, Teesside 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/025504-2021 |
| 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 | 12 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

- 12 Oct 2021 at 15:02 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/025504-2021

## 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/
- https://www.officeforstudents.org.uk/advice-and-guidance/the-register/the-ofsregister/

## 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-02eb0d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02eb0d.json.