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(NU/1433-20) Skin Life Analytics: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Newcastle University Published 30 Jul 2021 Contracts Finder

key details

Value£30,000
Statuscomplete
Category (CPV) 79400000
RegionNorth East
Deadline1 Jun 2021
Contract start1 Jul 2021
Contract end30 Nov 2021
Procedureselective
SME suitableYes
OCIDocds-b5fd17-0f52d05b-bfb0-41aa-b96a-2f0fe073d4b7

Awards (2)

This procurement was awarded to 1 suppliers. Values shown are per-award; the notice total is £30,000.

SupplierValueDateStatus
Jonathan Brookes £29,400 19 Jul 2021 active
Jonathan Brookes · · active

description

The personal skin care market and cosmetics industry is becoming increasingly complex. The majority of consumers are looking for skincare products with validated clinical/scientific analysis and personalised products. Businesses need measurable evidence that their treatments are working to encourage continued product use as well as inform new product development and efficacy. Therefore, an experienced business executive is needed to join the team and lead the company formation.

The initial brief of the executive will be to:

(1)Produce a viable 5-year business plan;
(2)Obtain university approval for the venture;
(3)a.Act for the company in the spin-out legal process and address all company formation matters;
b.Obtain founder academics' and Newcastle University (including the Head of Company Creation) approval for appointment as CEO.
c.Provide to the appropriate university all matters necessary all reporting requirements, including ERDF;
(4)Secure (venture capital and other) funding

Stage (4) will produce the funds by which the new start-up company can consider employing the executive going forward. It is expected, and the intent of the scheme, that the Executive will remain with the business following the end of the contract period. However, such appointment will be at the discretion of the board and appropriate university and will be subject to confirmation, typically at Stage 3 above

notice history

2 notices published against this procurement.

PublishedTypeRegimeNotice
30 Jul 2021 Contract award notice (F03) Earlier regulations 018268-2021
30 Jul 2021 Award (award) · 2ab3c024-518e-4d10-9f96-941abc5c4d65-456329

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