Published date: 29 June 2023

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 17 March 2023, 2pm

Contract summary

Industry

  • Research services - 73110000

Location of contract

North East, North West, Yorkshire and the Humber, East Midlands, West Midlands, East of England, London, South East, South West

Value of contract

£96,060

Procurement reference

tender_337703/1227895

Published date

29 June 2023

Closing date

17 March 2023

Closing time

2pm

Contract start date

6 June 2023

Contract end date

19 October 2023

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Awarded contract for the following former opportunity:

Established in 2022, the Government Office for Technology Transfer (GOTT), part of the Department for Science, Innovation and Technology, supports the UK public sector to unlock the potential of its knowledge assets to deliver value to the UK economy and society. Our priorities include providing support through guidance, such as the Rose Book and specialist advisory support. More information on GOTT is available at https://www.gov.uk/government/organisations/government-office-for-technology-transfer.

One of the areas that GOTT is looking at is company formation and decision making at the early stage of seeking external sources of finance to develop the social, economic of financial value of knowledge assets owned by the Crown. As such we are keen to build a broader picture of UK public sector approaches to taking equity in spinouts and supporting them to commercialise public sector funded research.

The proposed study is designed to address these questions by building out a picture of the number and type of the UK's existing public sector spinouts/companies. The successful supplier will need to initially build an evidence base of existing spinouts across government through a variety of routes, such as internal and external data sources. We will then use this as a data set to understand equity positions taken by public sector organisations under different scenarios in these spinouts/companies, including making relevant comparisons, such as to the UK university tech transfer sector.

The study should also look at whether public sector employees (innovators) and founders have been able to take equity or other forms of revenue such as royalties in the spinout and if so, under what terms. For the purposes of this study, the public sector will be defined as central government departments, ALB's and agencies. This definition explicitly does not include the university sector and local government.

More information

Previous notice about this procurement

Government Office for Technolgy Transfer: RFQ for Public Sector Founder Equity and Rewards to Innovators

  • Opportunity
  • Published 17 February 2023

Attachments

Award information

Awarded date

6 June 2023

Contract start date

6 June 2023

Contract end date

19 October 2023

Total value of contract

£96,060

This contract was awarded to 1 supplier.

IP Pragmatics

Address

31-35 Kirby Street London EC1N 8TE

Reference

Companies House number: 03989268

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Trinity Bridge House, 2 Dearmans Place
Salford
M3 5BS
England

Email

jack.millward@beis.gov.uk