Source: https://tendernation.io/opportunities/01a13c29-c3f9-733b-a944-de50632978aa/nu1246-4-intogral-commercialisation-of-university-research-through-provision-o

awarded GB open procedure

# NU/1246-4 INTOGRAL: Commercialisation of university research through provision of management skills to assist in successful spin-out company creation

[Newcastle University](https://tendernation.io/buyers/newcastle-university)

Estimated value

£25,000

Published

5 Jan 2018

Deadline

Closed

28 Nov 2017

## Who can bid

- Small contract value

    Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services.
- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

interest in Intogral into tangible commercial contracts. It's therefore proposed that a commercially focused resource, in the form of a CEO, is utilised to take complete responsibility for all commercial aspects of Intogral. This will allow the founders to focus on solving customer's problems. Examples of specific tasks for the CEO (not in any particular order) are:

• Review the existing business ambitions.

• Raise investment to overcome immediate cash-flow challenge on the existing Innovate UK Award (£150k).

• Raise investment to fund general business administration, new staff and a move to a suitable incubator.

• Liaise with existing customer contacts to prioritise deal flow and convert interest into sales contracts.

• Formulate a sustainable Business Plan for expansion to an off-campus facility.

• Manage sales contracts and customer contacts.

It is anticipated that Intogral will deliver new software solutions and consultancy for clients interested in improving image processing capability for existing products. Health related products are a field of particular interest.

## CPV classification

Financial consultancy services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/9d19e772-e72d-4260-b746-599cf5f1e6e4)

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