(NU/1433-39) EcoTech Devices: The Provision of Business Consultancy to Assist Commercialisation of University Research
A Contract Award Notice
by NEWCASTLE UNIVERSITY
- Source
- Find a Tender
- Type
- Dps (Services)
- Duration
- not specified
- Value
- £30K
- Sector
- BUSINESS
- Published
- 12 Jan 2023
- Delivery
- not specified
- Deadline
- n/a
Concepts
Location
North East England:
6 buyers
- Newcastle University Newcastle
- Durham University The Palatine Centre
- Northumbria University Newcastle Newcastle Newcastle upon Tyne
- Sunderland University Sunderland
- Teesside University Tees Valley
- Setsquared Bath
1 supplier
- Ip2Impact Tyne and Wear
Description
The Northumbria University team have developed two complementary ecotechnologies (namely, Solar2water and OptimumAirCon) though they may be targeting different market applications. Solar2water is an innovative atmospheric water generator (AWG) while OptimumAirCon is an innovative indirect evaporative cooling system (IEC). The aim is to create a spin-out company ‘EcoTech Devices Limited’ which will market and sell products globally (esp. in hot climatic regions and/or off-grid requirement scenarios) based on the two ecotechnologies. The initial brief of the executive will be to: (1) Produce a viable 5 year business plan; (2) Obtain university approval for the venture; a. Act for the company in the spin-out legal process and address all company formation matters; b. Provide to the appropriate university all matters necessary for Research England reporting requirements; (3) Finalise market-ready product spec and validate TAM (Total Addressable Market) (4) Engage with angels/VCs to attempt funding and promote to international partners
Total Quantity or Scope
The Northumbria University team have developed two complementary ecotechnologies (namely, Solar2water and OptimumAirCon) though they may be targeting different market applications. Solar2water is an innovative atmospheric water generator (AWG) while OptimumAirCon is an innovative indirect evaporative cooling system (IEC). The aim is to create a spin-out company ‘EcoTech Devices Limited’ which will market and sell products globally (esp. in hot climatic regions and/or off-grid requirement scenarios) based on the two ecotechnologies.
Award Detail
| 1 | Ip2Impact (Tyne and Wear)
|
Award Criteria
| Ability to meet the required programme | Pass/Fail |
| Quality: Ability to meet the Job description | 60 |
| Equity | 15 |
| Formal Appointment: | Pass/Fail |
| price | 25% |
CPV Codes
- 79400000 - Business and management consultancy and related services
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. **
Reference
- ocds-h6vhtk-0396c6
- FTS 000906-2023