# NU/1246-3 AMLo: 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: Scicate Ltd
- Award value: £25,000
- Tender value: £25,000
- Award date: 31 August 2017
- Published: 19 September 2017
- Contract start: 1 September 2017
- Contract end: 31 March 2018
- Stage: awarded
- Procurement category: services
- Notice ID: eb75f517-b6e4-41ae-a8b6-cac176aafb9b-171542
- OCID: ocds-b5fd17-aafa6c82-ba02-4f1c-bb4f-5f214cdc7ee6

## Description

The initial brief of the 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; \(d\) Secure \(venture capital and other\) funding Stage \(d\) will produce the funds by which the new start-up company can employ 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\.

## 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/eb75f517-b6e4-41ae-a8b6-cac176aafb9b-171542)