(NU/1433-45) Madevo Limited: The Provision of Business Consultancy to Assist Commercialisation of University Research

A Contract Award Notice
by NEWCASTLE UNIVERSITY

Source
OJEU
Type
Contract (Services)
Duration
not specified
Value
£30K
Sector
BUSINESS
Published
08 Mar 2023
Delivery
not specified
Deadline
n/a

Concepts

Location

Newcastle upon Tyne

Geochart for 7 buyers and 1 suppliers

7 buyers

1 supplier

Description

he pressure on the logistics sector is dramatically increasing over the years, from transport, to warehousing, distribution and end-user's optimization of day-to-day activities is becoming increasingly important. A key enabler for optimizing processes is IoT and ML technologies, a combination that could improve the entire supply chain which however is extremely challenging to achieve. Madevo aims to develop a product proposition with diverse com communication capability. Madevo platform automates sensors onboarding process and directly provides clean data to businesses and end-users via phone or web applications. Without the limitation on the number of devices Madevo is proposing the first platform in the world to enable massive IoT deployments capable to connect with WiFi, 4G/5G and Low Orbit Satellites.

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

1 North East Bic (None)
  • Madevo Limited: The Provision of Business Consultancy to Assist Commercialisation of University Research
  • Reference: (nu/1433-45)
  • Num offers: 3
  • Value: £28,750
  • Contractor is an SME.

Award Criteria

Ability to meet the required programme _
Quality: Ability to meet the Job Description 70.0
Appointment as CEO _
Quality: Ability to meet the Job Description _
Equity _
PRICE 30.0

CPV Codes

  • 79410000 - Business and management consultancy services

Indicators

  • Award on basis of price and quality.

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

Reference

Domains