(NU/1433-39) EcoTech Devices: The Provision of Business Consultancy to Assist Commercialisation of University Research

Concepts

• management consultancy
• assist commercialisation of university research
• bath
• sunderland
• tyne and wear
• stockton road durham
• newcastle upon tyne
• tees valley
• northumbria university
• northumbria university team

Location

Newcastle upon Tyne

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.

Total Quantity or Scope

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-re... 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.

Award Detail

Award Criteria

CPV Codes

• 79410000 - Business and management consultancy services

Indicators

• Award on basis of price and quality.

Legal Justification

This an award from a DPS framework there was no pin and the contract notice was for the overall DPS itself was being rejected when submitting.. Overall Official Journal reference for the overall DPS is OJ S: 2022/S 186-528050. As suggested by the TED Helpdesk we have chosen this route.

Other Information

This an award from a DPS framework there was no pin and the contract notice was for the overall DPS itself. Overall Official Journal reference for the overall DPS is OJ S: 2022/S 186-528050