Provision of Management Services for Commercialisation of University AI Microchip Research
Newcastle University · Awarded contract
AwardedProvision of Management Services for Commercialisation of University AI Microchip Research
Awarded 01 Jun 2022
Awarded01 Jun 2022
Value£29,040.00
SupplierCambridge Future Tech
AgencyNewcastle University
RegionNorth East
CategoryConsultancy & Legal
Ended 4y 1mo ago4mo term
Awarded 1 June 2022Expired 29 Sept 2022
About
Newcastle University awarded a contract to Cambridge Future Tech for the provision of management skills to assist in the creation of a spin-out company, mignon.ai, based on the university's novel AI microchip architecture.
The executive's brief included producing a five-year business plan, obtaining university approval for the venture, handling spin-out legal processes and company formation, securing approval for appointment as CEO, providing necessary information for Research England reporting, and securing venture capital and other funding.
The contract value was £29,040.
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Provision of Management Services for Commercialisation of University AI Microchip Research
Won by Cambridge Future Tech · Newcastle University
£29Kawarded
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