Published date: 22 July 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
North East
Value of contract
£30,000
Procurement reference
NCL001-DN611994-45904593
Published date
22 July 2022
Closing date
27 May 2022
Closing time
12pm
Contract start date
30 June 2022
Contract end date
31 October 2022
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
Professor Krasnogor saw an opportunity in developing a solution to the "Integration" problem that is generic for biotechnology and the life sciences beyond the specifics of these two projects. This is how the idea of establishing GitLife Biotech and the development of the CellRepo technology, as a versioning control system for engineered cell lines, including biotechnology microorganisms, in the cloud was born.
The plan is to spin out GitLife Biotech Ltd in Q3 2022. To be able to spin out and take forward this opportunity, securing the involvement of experienced and appropriate business leadership is both essential and complementary to the existing technical staff and resource.
Commercial and business skills are needed in addition to those in the current team. Moreover, it is clearly the case that Prof. Krasnogor and the current team will need to remain focused on the scientific and technical aspects of the company and be able to place trust in and be guided by experienced staff (ideally with sector experience, networks and VC contacts) who will run the day-to-day business operations and company's strategic development.
Thus, a talented and experienced CEO (Designate) to assist in the development of the business plans and forecasting needed to spin out the company from the University, as well as to provide leadership of GitLife Biotech, is needed.
The person appointed to lead the company formation and development will have experience in business start -ups, deeptech companies or University Spin Outs, marketing, innovation and fund raising.
Award information
Awarded date
23 June 2022
Contract start date
30 June 2022
Contract end date
31 October 2022
Total value of contract
£30,000
This contract was awarded to 1 supplier.
Cambridge Future Tech
Address
10 Trafalgar Road
Cambridge
Cambridgeshire
CB4 1EU
United KingdomReference
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
England
Telephone
+44 1912086396
Website
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Closing: 27 May 2022, 12pm