Procurement of Fund Management Services for University Commercialisation and Spinout Fund
The North East Fund seeks to appoint a professional, FCA authorised fund management organisation to deliver a University commercialisation and spinout fund in the North East of England. The fund will invest in companies which have emerged from, or are commercialising intellectual property in conjunction with, one or more of: Durham University; Newcastle University; Northumbria University; The University of Sunderland and Teesside University (the "NE Universities"). In doing so, the Fund will drive innovation and R&...
Buyer
THE NORTH EAST FUND LIMITED
Value
£5,500,000
Published
20 Mar 2026
Closes
22 Nov 2024
Procurement details
Source
Find a Tender
Region
Tyneside
Procurement method
Selective
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66100000
Banking and investment services
66122000
Corporate finance and venture capital services
Lots
Lot 1 Procurement of Fund Management Services for University Commercialisation and Spinout Fund
£5,500,000
The procurement process was conducted in accordance with the Public Contracts Regulations 2015 (as amended) using the Competitive Procedure with Negotiation as detailed in Regulation 29 of those Regulations. The purpose of this procurement was to procure the services of a single FCA regulated fund manager. The contract will have an initial duration of 10 yea...
Delivery: North East (England)
Documents
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