Published date: 22 December 2021
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-DN568817-41099916
Published date
22 December 2021
Closing date
15 October 2021
Closing time
12pm
Contract start date
16 December 2021
Contract end date
31 March 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
Every year in the UK, around 20,000 new cases of Parkinson's disease are diagnosed along with over 20,000 new cases of Dementia with Lewy bodies (DLB), the second commonest form of dementia after Alzheimer's disease. Dementia is the biggest healthcare challenge globally, this being recognised in the UK through the Prime Minister's Challenge on Dementia 2020 and the NHS England Five Year Forward View, where improving diagnosis, treatment and care is a core focus. These neurodegenerative disorders carry a huge economic burden, in the US alone the annual costs exceed $850 billion, with this estimated to double in the next three decades. DLB is the costliest type of dementia, with patients needing more emergency care, hospitalisation, treatment, and with a greater caregiver burden.
We are looking for an executive and the initial brief of the executive will be to:
(1) Produce a viable 5 year business plan;
(2) Obtain university approval for the venture;
(3) a. Act for the company in the spin-out legal process and address all company formation matters;
b. Obtain founder academics' and Newcastle University (including the Head of Company Creation) approval for appointment as CEO.
c. Provide to the appropriate university all matters necessary for ERDF or Research England reporting requirements;
(4) Secure (venture capital and other) funding
Stage (4) will produce the funds by which the new start-up company can consider employing the executive going forward. It is expected, and the intent of the scheme, that the Executive will remain with the business following the end of the contract period. However, such appointment will be at the discretion of the board and appropriate university and will be subject to confirmation, typically at Stage 3 above.
Award information
Awarded date
10 December 2021
Contract start date
16 December 2021
Contract end date
31 March 2022
Total value of contract
£24,000
This contract was awarded to 1 supplier.
Athymetrix Ltd
Address
45 Norham Drive
Morpeth
Northumberland
NE61 2XA
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
United Kingdom
Telephone
+44 1912086396
Website
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Closing: 15 October 2021, 12pm
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