Contract award record
NU/1246-11 AGRI-INNOVATIONS Commercialisation of university research through provision of management skills to assist in successful spin-out company creation
Tender value £30,000
Notice details
- Published
- Category
- services
- Buyer region
- North East
- Source
- View official notice
Public buyer and contract winner
Award value£28,400
- AwardedCompleted
- StartCompleted
- EndCompleted
Work description
Agri-Innovations is a proposed spin-out from Newcastle University focusing on providing R&D capability and services for the whole agri-food value chain and commercialising diagnostic and analytical technologies. Agri-Innovations will serve local, national and global markets, and is a response to the rapidly growing reliance of the agri-food sector on advanced technologies to deliver profitable and sustainable production. Agri-Innovations capitalises on the extensive combined experience of established and newly appointed staff to Newcastle University and underpinned by a range of diagnostics and analytical technology platforms for crops and livestock.
Commercial potential is also underpinned by the University's involvement (with £1.25 million external investment) in two of the national Agri-tech Centres, (Centre for Crop Health and Protection and the Centre for Innovation Excellence in Livestock), our joint Institute in Agri-food and Innovation (IAFRI) with Fera Science Limited, our partnership within the N8 Universities AgriFood Resilience programme and an extensive portfolio of industry funding and networks with agri-chem, farming and agri-innovation companies.