Provision of Business Consultancy to Commercialise University Crystallisation Research

About

Newcastle University awarded a contract to Marsh Business Transformation for business consultancy to assist the commercialisation of university research.

The contract, valued at £30,000, supports the formation and development of NorthEast Crystallisation Technologies (NEXtals), a proposed contract research spin-out company.

The consultancy involves assessing the potential for a successful business and developing an appropriate business plan, building on initial work on the business concept.

The appointed person is expected to have experience in business start-ups, marketing, innovation, and fund raising, preferably with industrial sector and engineering experience, including new product development and first market introductions, and links with potential partner companies and investors.