Published date: 25 November 2022
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Business and management consultancy and related services - 79400000
Location of contract
England
Value of contract
£30,000
Procurement reference
NCL001-DN637976-67301436
Published date
25 November 2022
Closing date
28 October 2022
Closing time
12pm
Contract start date
14 November 2022
Contract end date
14 May 2023
Contract type
Service contract
Procedure type
Restricted procedure
A two-stage procedure, where the first stage is used to select suppliers, who are then invited to bid in the second stage.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
As a professional philologist whose research rests at the intersection of linguistics, anthropology, and the cognitive sciences, Dr William Short (PhD, University of California, Berkeley) has pioneered the development of an approach to the description of the conceptual systems of historical societies through the close analysis of language and text. As part of this research, Dr Short developed an innovative search engine technology that enables the identification of relations between concepts within large text corpora, independent of how those concepts happen to be expressed lexically. Seeing this tool's potential to make searching textual data of all kinds more efficient, more productive, and more rewarding, Dr Short has launched Senseful AI to commercialise the technology for data providers hoping to offer advanced, sophisticated search functionalities to their users.
We are looking for an Executive with the initial brief of the executive will be to:
Phase 1 Opportunity validation and business plan creation
Review existing business ambitions and options for optimal route to market and generate a viable business plan with realistic funding requirements built on sound market research
Phase 2 Spinout approval
Work with University of Exeter's technology transfer office and founder academics to develop business case to obtain approval and sign-off for the spin-out company creation
Phase 3 Complete necessary stages for being "ready to spin"
including company formation relevant legal agreements.
Phase 4 Securing seed investment into the company
Achieve investor engagement, commitment and completing a Term Sheet and investment completion, to cover funding required by the business to deliver against the business plan.
Award information
Awarded date
1 November 2022
Contract start date
14 November 2022
Contract end date
14 May 2023
Total value of contract
£30,000
This contract was awarded to 1 supplier.
Adelphi Digital Consulting Group Ltd
Address
69 Berwick Street
London
Greater London
United Kingdom
W1F 8SZReference
None
Supplier is SME?
Yes
Supplier is VCSE?
No
About the buyer
Contact name
Natalie Morton
Address
Newcastle University
Procurement Services, Kingsgate
Newcastle
NE1 7RU
United Kingdom
Telephone
+44 1912086396
Website
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Closing: 28 October 2022, 12pm
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