Contracts FinderAwarded contract
Published 14 Feb 2023

Contracts Finder notice

NU/1745-8 Business advice to students and graduates

Authority: Newcastle University

Open procedure
CPV: Business services: law, marketing, consulting, recruitment, printing and security (79000000)
Published contract value£38,220Exc. VAT
Contract ends 31 Jul 2027
Awarded to TEDCO Ltd
Contract starts 1 Aug 2023

What is being bought

Published requirement description

The scope of this contract is for the provision of prestart, start-up, early-stage and later-stage business advice. The agreement will be for up to 130 days per year depending on budget, to deliver business advice and support. No guarantees are given or implied by the University as to the value, amounts or frequency of works to be called off throughout the term of the Agreement.

In order to successfully deliver this support, you are expected to be engaged in the following duties as a minimum:

 Stimulating entrepreneurial learning using advice and coaching approaches dynamically as the context required

 Take a proactive person-centred and adaptable approach towards the communication and interaction preferences of all clients either in-person, and/ or via telephone/ online meeting.

 Evaluating the business viability of the client's venture

 Support clients to raise finance

 Support clients to register a business or for self-assessment

 Discussing and developing personal action plans with the client

 Providing support with business planning/ modelling, market research, financial forecasting, sales and marketing expertise, operational planning to the client one-to-one and in small groups

 Digital and tech

 Facilitating access to additional and specialist support for the client

 Managing relationships with other stakeholders and contributors to START UP support programmes

 Assisting with the review and revision of START UP support processes and resources

 Maintaining client records, CRM and communication with all active clients.

 Support annually the University's Higher Education Business & Community Interaction Survey (data collection exercise)

Published procurement details

Procedure
Open procedure
Buyer reference
NCL001-DN652122-71901988
Category
Services
Tender status
Complete
Award status
Active
Suitable for SMEs
No
Suitable for voluntary, community and social enterprises
No
Published tender value
£180,000.00
Tender deadline
Procurement method
Open
Additional classifications 1: Reference
66170000
Additional classifications 1: Scheme
CPV
Additional classifications 1: Description
Financial consultancy, financial transaction processing and clearing-house services
Additional classifications 2: Reference
80530000
Additional classifications 2: Scheme
CPV
Additional classifications 2: Description
Vocational training services
Additional classifications 3: Reference
66121000
Additional classifications 3: Scheme
CPV
Additional classifications 3: Description
Mergers and acquisition services
Additional classifications 4: Reference
71241000
Additional classifications 4: Scheme
CPV
Additional classifications 4: Description
Feasibility study, advisory service, analysis
Additional classifications 5: Reference
72221000
Additional classifications 5: Scheme
CPV
Additional classifications 5: Description
Business analysis consultancy services
Additional classifications 6: Reference
66519600
Additional classifications 6: Scheme
CPV
Additional classifications 6: Description
Actuarial services
Tender contract period: Start date
Tender contract period: End date
Item 1: Delivery locations as published
England, United Kingdom

Key dates

Published dates
  1. Award decision
    14 Feb 2023
  2. Notice published
    14 Feb 2023
  3. Contract starts
    1 Aug 2023
  4. Contract ends
    31 Jul 2027

Contracting authority & participating public bodies

Suppliers named on the notice

  • TEDCO LtdSupplier Floor 1, north East Business and Innovation Centre, Enterprise Park East, Sunderland, Tyne & Wear, SR5 2TA
    Voluntary, community or social enterprise
    No
    Business size
    Large

Official documents & specifications (1)

Official links; attachments are not copied

Notices published for this procedure

Source record

Source
Contracts Finder
Notice language
en
Release reference
ocds-b5fd17-fce1f0ca-5468-4ee6-9844-1165f0786d10-2023-02-14T10:02:24Z
Published
14 Feb 2023
Latest update
14 Feb 2023
Procedure reference
ocds-b5fd17-fce1f0ca-5468-4ee6-9844-1165f0786d10
Contract reference
ocds-b5fd17-fce1f0ca-5468-4ee6-9844-1165f0786d10-1