# NU/1246-4 INTOGRAL: Commercialisation of university research through provision of management skills to assist in successful spin-out company creation

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

## Key facts

- Public buyer: [Newcastle University](/buyers/newcastle-university/contract-awards)
- Contract winner: William Shepherd
- Award value: £24,600
- Tender value: £25,000
- Award date: 21 December 2017
- Published: 5 January 2018
- Contract start: 1 January 2018
- Contract end: 30 November 2018
- Stage: awarded
- Procurement category: services
- Notice ID: 8ac472f0-23ed-43fb-9151-9cc75a9f3f86-189700
- OCID: ocds-b5fd17-9d19e772-e72d-4260-b746-599cf5f1e6e4

## Description

interest in Intogral into tangible commercial contracts\. It's therefore proposed that a commercially focused resource, in the form of a CEO, is utilised to take complete responsibility for all commercial aspects of Intogral\. This will allow the founders to focus on solving customer's problems\. Examples of specific tasks for the CEO \(not in any particular order\) are: • Review the existing business ambitions\. • Raise investment to overcome immediate cash-flow challenge on the existing Innovate UK Award \(£150k\)\. • Raise investment to fund general business administration, new staff and a move to a suitable incubator\. • Liaise with existing customer contacts to prioritise deal flow and convert interest into sales contracts\. • Formulate a sustainable Business Plan for expansion to an off-campus facility\. • Manage sales contracts and customer contacts\. It is anticipated that Intogral will deliver new software solutions and consultancy for clients interested in improving image processing capability for existing products\. Health related products are a field of particular interest\.

## Related contract awards

- [NU1433-60 RecoVolt: Novel Battery Discharge System Commercialisation of university research through provision of management skills to assist in successful spin-out company creation](/contracts/ocds-b5fd17-183871a2-8c8b-4fb9-9376-11b3567f16d5): Newcastle University
- [\(NU/1853\) Main Contractor for CAV Site Demolition Services](/contracts/ocds-b5fd17-ed9b84c1-7621-4dae-bc1b-0f171a375675): Newcastle University
- [NU1589-85 Web Services Retainer 2024-2025](/contracts/ocds-b5fd17-eb42d9ff-d5b1-42ae-a19e-91f29e912412): Newcastle University

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/8ac472f0-23ed-43fb-9151-9cc75a9f3f86-189700)