Source: https://tendernation.io/opportunities/01a13c66-3cfa-7103-9430-75e48ff93191/nu1433-20-skin-life-analytics-the-provision-of-business-consultancy-to-assis

awarded GB restricted procedure Suitable for SMEs

# (NU/1433-20) Skin Life Analytics: The Provision of Business Consultancy to Assist Commercialisation of University Research.

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

Estimated value

£30,000

Published

30 Jul 2021

Deadline

Closed

1 Jun 2021

## Who can bid

- Buyer says suitable for SMEs

    The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid.
- Small contract value

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

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## About this tender

The personal skin care market and cosmetics industry is becoming increasingly complex. The majority of consumers are looking for skincare products with validated clinical/scientific analysis and personalised products. Businesses need measurable evidence that their treatments are working to encourage continued product use as well as inform new product development and efficacy. Therefore, an experienced business executive is needed to join the team and lead the company formation.

The initial brief of the executive will be to:

- Produce a viable 5-year business plan;
- Obtain university approval for the venture;
- a. Act for the company in the spin-out legal process and address all company formation matters;
- Obtain founder academics' and Newcastle University (including the Head of Company Creation) approval for appointment as CEO.
- Provide to the appropriate university all matters necessary all reporting requirements, including ERDF;
- 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

Read full description

## CPV classification

Business and management consultancy and related services

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/0f52d05b-bfb0-41aa-b96a-2f0fe073d4b7)

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