# NU/1246-11 AGRI-INNOVATIONS 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: IVO Associates Ltd
- Award value: £28,400
- Tender value: £30,000
- Award date: 12 October 2018
- Published: 30 October 2018
- Contract start: 13 October 2018
- Contract end: 28 February 2019
- Stage: awarded
- Procurement category: services
- Notice ID: 63bc0f6e-73f3-4943-8969-233f1b106afb-249299
- OCID: ocds-b5fd17-def12db9-c314-41bf-a7f3-f53d2485fc20

## 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\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/63bc0f6e-73f3-4943-8969-233f1b106afb-249299)