Award of IoT Acceleration Services to Four UK Providers
Awarded 10 Sep 2017
About
UK Shared Business Services Limited awarded a contract to Tuspark (Newcastle), R/GA Media Group Limited, IoT Tribe Ltd, and The Accelerator Network for the provision of acceleration services for Internet of Things early stage companies.
The objective was to advance UK competitiveness and help ensure that IoT technology opens up the most possibilities for the economy and citizens.
Up to four acceleration schemes were selected and paid a minimum of £492,500 (inclusive of VAT) each during the 2017/18 financial year for delivering services to 10 early stage companies each.
The four successful bidders were selected as the highest scoring submissions, with no division into lots and one bidder not permitted to win more than one opportunity.
The total contract value was AUD 410,416.67.
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