# NU/1764 The Provision of an Intellectual Property and Commercialisation Management Platform

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Newcastle University](/buyers/newcastle-university/contract-awards)
- Contract winner: Wellspring Worldwide
- Award value: £68,415
- Tender value: £72,620
- Award date: 14 July 2022
- Published: 27 July 2022
- Contract start: 15 July 2022
- Contract end: 14 July 2025
- Stage: awarded
- Procurement category: goods
- Notice ID: 6aeddce4-e43b-4885-bd07-7280ed35abc0-558157
- OCID: ocds-b5fd17-56580149-dcac-47e6-ab4b-fbf49491669f

## Description

The contract is for the provision of a Technology Transfer and Intellectual Property \(IP\) system to manage the entire knowledge transfer lifecycle\. From capturing information on opportunities, inventions, and patents, to managing licences and commercial income\. IP extends beyond IP rights to patents, trademarks, copyright, and design rights which provide legal protection for any know-how, processes or trade secrets which may be developed during a research project\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/6aeddce4-e43b-4885-bd07-7280ed35abc0-558157)