(NU/1433- 9) PulmoBiomed: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Newcastle UniversitycontractContracts FinderRef NCL001-DN471081-86525328SME suitablecomplete

Estimated value

£30k

Awarded value

£30k

Awarded 15 Apr 2020

Suppliers

1

Lots

1

1 awarded

Published

21 Apr 2020

Deadline 30 Mar 2020

Description

Universities are rising to the challenge of commercialisation inventions, research, innovations, discovery and intellectual property. This is done through a variety of methods and funding sources which are made available to Universities. One of which is the Northern Accelerator brand. PulmoBiomed Technology Breath analysis opens up a new non-invasive source of diagnostic data. Solving the challenges of creating a diagnostic platform based on breath will generate a raft of patient-centred solutions, products and commercial opportunities. The initial brief of the executive will be to: (1) Produce a viable business plan; (2) Obtain university approval for the venture; (3a) Act for the company in the spin-out legal process and address all company formation matters; (3b) Obtain founder academics' and Northumbria University (including the Director of Research and Innovation) approval for appointment as CEO. (3c) Provide to the appropriate university all matters necessary for ERDF / Research England reporting requirements; (4) Secure (venture capital and / or other) funding in accordance with the business plan.

Scope

Reference
NCL001-DN471081-86525328
Total value
£30,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
19 Apr 2020 to 31 Dec 2020
CPV classifications
79400000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
30 Mar 2020, 11:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£30k

Award date

15 Apr 2020

Contract start

19 Apr 2020

Contract end

31 Dec 2020

Awarded to