# NU/1745-8 Business advice to students and graduates

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

## Key facts

- Public buyer: [Newcastle University](/buyers/newcastle-university/contract-awards)
- Contract winner: TEDCO Ltd
- Award value: £38,220
- Tender value: £180,000
- Award date: 14 February 2023
- Published: 14 February 2023
- Contract start: 1 August 2023
- Contract end: 31 July 2027
- Stage: awarded
- Procurement category: services
- Notice ID: 3e84a875-90d1-497c-9521-318020f13c4b-614653
- OCID: ocds-b5fd17-fce1f0ca-5468-4ee6-9844-1165f0786d10

## Description

The scope of this contract is for the provision of prestart, start-up, early-stage and later-stage business advice\. The agreement will be for up to 130 days per year depending on budget, to deliver business advice and support\. No guarantees are given or implied by the University as to the value, amounts or frequency of works to be called off throughout the term of the Agreement\. In order to successfully deliver this support, you are expected to be engaged in the following duties as a minimum:  Stimulating entrepreneurial learning using advice and coaching approaches dynamically as the context required  Take a proactive person-centred and adaptable approach towards the communication and interaction preferences of all clients either in-person, and/ or via telephone/ online meeting\.  Evaluating the business viability of the client's venture  Support clients to raise finance  Support clients to register a business or for self-assessment  Discussing and developing personal action plans with the client  Providing support with business planning/ modelling, market research, financial forecasting, sales and marketing expertise, operational planning to the client one-to-one and in small groups  Digital and tech  Facilitating access to additional and specialist support for the client  Managing relationships with other stakeholders and contributors to START UP support programmes  Assisting with the review and revision of START UP support processes and resources  Maintaining client records, CRM and communication with all active clients\.  Support annually the University's Higher Education Business &amp; Community Interaction Survey \(data collection exercise\)

## 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
- [Made in North Tyneside \(MINT\) / Business Factory](/contracts/ocds-b5fd17-92e3fcf7-6041-4976-ae12-6ab5e36e3f7f): North Tyneside Council
- [Durham Ambitious Business Starts \(DABS\)](/contracts/ocds-b5fd17-1c3c7ee5-42fc-4e39-aa37-88700da1c130): Durham County Council
- [NU/1449 The Provision of Business Advice and Support to Students and Graduates](/contracts/ocds-b5fd17-4268c2ae-ad56-4c3c-85d2-5158f0d4fe96): Newcastle University

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/3e84a875-90d1-497c-9521-318020f13c4b-614653)
