Published date: 8 November 2019

Last edited date: 8 November 2019

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 9 September 2015

Contract summary

Industry

  • Research and development consultancy services - 73200000

  • Market and economic research; polling and statistics - 79300000

Location of contract

Any region

Value of contract

£150,000

Procurement reference

UK SBS-CR150050INNUK

Published date

8 November 2019

Closing date

9 September 2015

Contract start date

28 September 2015

Contract end date

30 December 2016

Contract type

Not applicable

Procedure type

Not applicable

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

**Please note, no award is to be made for this procurement exercise**
Funded by the Higher Education Funding Council for England (HEFCE) and Innovate UK, the £9.2 million ICURe pilot project aims to help accelerate the successful commercialisation of publicly funded university research, via licensing agreements and spin out companies. In addition, it aims to develop entrepreneurial skills and market knowledge in a new cadre of Early Career Researchers.
Under the pilot project, Early Career Researchers (ECRs) at the five SETsquared universities (Bath, Bristol, Exeter, Southampton and Surrey) and other selected universities, working with their Principal Investigator (PI) and a Business Mentor, are given tailored training, mentoring and funds to undertake focussed market validation and business model development to speed up the commercialisation of their ideas, technologies, products and services. Teams will gain invaluable marketplace knowledge and first-hand commercial experience, which will be taken back into the research environment to refine the ideas and technologies and to help direct research towards commercial opportunities. Successful outputs are expected to include the creation of university spin-out and start-up companies founded on the teams' ideas; the licensing of IP to an existing company for commercialisation; and research partnerships with industry.
At the start of the pilot over 140 applicants (in total for 5 rounds) are expected to apply, of which only 50% are expected to be successful teams, each team comprising of three people (Principal Investigator and Early Career Researchers). The successful cohorts then go on to receive the business training so, potentially, could be compared to the unsuccessful groups
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The Sou

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About the buyer

Contact name

Rebecca Fish

Address

UK SBS, North Star House
North Star Avenue
Swindon
SN2 1FF
England

Email

research@uksbs.co.uk