---
title: "(NU/1433-44) Senseful AI: The Provision of Business Consultancy to Assist Commercialisation of University Research"
ocid: "ocds-h6vhtk-038853"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-038853"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-038853.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-038853.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2022-11-25"
---

# (NU/1433-44) Senseful AI: The Provision of Business Consultancy to Assist Commercialisation of University Research

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-h6vhtk-038853

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## Summary

Newcastle University has completed the tender process for the provision of business consultancy titled "(NU/1433-44) Senseful AI: The Provision of Business Consultancy to Assist Commercialisation of University Research". The procurement falls under the main procurement category of services and is classified under business and management consultancy and related services. The University is located in Newcastle, UK. The procurement method used was a selective process with the details of a restricted procedure. The contract was awarded to Adelphi Digital Consulting Group Ltd on 1st November 2022 with a contract value of £30,000.

This tender presents an opportunity for businesses in the business consultancy and related services sector to engage with Newcastle University. Companies specialising in business plan creation, spinout approval, company formation, and securing seed investment would be well-suited to compete for this contract. The procurement stages involved opportunity validation, spinout approval, readiness for spin, and securing seed investment. Businesses interested in advanced and sophisticated search functionalities for textual data analysis would find this tender particularly relevant for growth opportunities.

## Notice

As a professional philologist whose research rests at the intersection of linguistics, anthropology, and the cognitive sciences, Dr William Short (PhD, University of California, Berkeley) has pioneered the development of an approach to the description of the conceptual systems of historical societies through the close analysis of language and text. As part of this research, Dr Short developed an innovative search engine technology that enables the identification of relations between concepts within large text corpora, independent of how those concepts happen to be expressed lexically. Seeing this tool's potential to make searching textual data of all kinds more efficient, more productive, and more rewarding, Dr Short has launched Senseful AI to commercialise the technology for data providers hoping to offer advanced, sophisticated search functionalities to their users. We are looking for an Executive with the initial brief of the executive will be to: Phase 1 Opportunity validation and business plan creation Review existing business ambitions and options for optimal route to market and generate a viable business plan with realistic funding requirements built on sound market research Phase 2 Spinout approval Work with University of Exeter's technology transfer office and founder academics to develop business case to obtain approval and sign-off for the spin-out company creation Phase 3 Complete necessary stages for being "ready to spin" including company formation relevant legal agreements. Phase 4 Securing seed investment into the company Achieve investor engagement, commitment and completing a Term Sheet and investment completion, to cover funding required by the business to deliver against the business plan.

### Lot Information

Lot 1

This is a Further competition from DPS framework NU1433 - The Provision of Business Consultancy to Assist Commercialisation of University Research. As a professional philologist whose research rests at the intersection of linguistics, anthropology, and the cognitive sciences, Dr William Short (PhD, University of California, Berkeley) has pioneered the development of an approach to the description of the conceptual systems of historical societies through the close analysis of language and text. As part of this research, Dr Short developed an innovative search engine technology that enables the identification of relations between concepts within large text corpora, independent of how those concepts happen to be expressed lexically. Seeing this tool's potential to make searching textual data of all kinds more efficient, more productive, and more rewarding, Dr Short has launched Senseful AI to commercialise the technology for data providers hoping to offer advanced, sophisticated search functionalities to their users. We are looking for an Executive with the initial brief of the executive will be to: Phase 1 Opportunity validation and business plan creation Review existing business ambitions and options for optimal route to market and generate a viable business plan with realistic funding requirements built on sound market research Phase 2 Spinout approval Work with University of Exeter's technology transfer office and founder academics to develop business case to obtain approval and sign-off for the spin-out company creation Phase 3 Complete necessary stages for being "ready to spin" including company formation relevant legal agreements. Phase 4 Securing seed investment into the company Achieve investor engagement, commitment and completing a Term Sheet and investment completion, to cover funding required by the business to deliver against the business plan.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/033466-2022 |
| Notice type | Award Notice |
| Procurement type | Dynamic |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 25 Nov 2022 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 1 Nov 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £30,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NEWCASTLE UNIVERSITY |
| Additional buyers | DURHAM UNIVERSITY; EUROPEAN UNION; NORTHUMBRIA UNIVERSITY NEWCASTLE NEWCASTLE; TEESSIDE UNIVERSITY; UNIVERSITY OF BATH ON BEHALF OF THE SETSQUARED; UNIVERSITY OF SUNDERLAND; UNIVERSITY OF YORK |
| 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 | ADELPHI DIGITAL CONSULTING GROUP |

## CPV Codes

### Divisions

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

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 25 Nov 2022 at 11:00 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/033466-2022

## Notice URLs

- https://Sunderland.ac.uk
- https://northumbria.ac.uk
- https://ted.europa.eu/udl?uri=TED:NOTICE:528050-2022:TEXT:EN:HTML
- https://www.bath.ac.uk/
- https://www.durham.ac.uk
- https://www.ncl.ac.uk
- https://www.tees.ac.uk/
- https://www.york.ac.uk/

## Provenance

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