(NU/1433- 9) PulmoBiomed: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Tender description

Universities are rising to the challenge of commercialisation inventions, research, innovations, discovery and intellectual property. This is done through a variety of methods and funding sources which are made available to Universities. One of which is the Northern Accelerator brand. PulmoBiomed Technology Breath analysis opens up a new non-invasive source of diagnostic data. Solving the challenges of creating a diagnostic platform based on breath will generate a raft of patient-centred solutions, products and commercial opportunities. The initial brief of the executive will be to: (1) Produce a viable business plan; (2) Obtain university approval for the venture; (3a) Act for the company in the spin-out legal process and address all company formation matters; (3b) Obtain founder academics' and Northumbria University (including the Director of Research and Innovation) approval for appointment as CEO. (3c) Provide to the appropriate university all matters necessary for ERDF / Research England reporting requirements; (4) Secure (venture capital and / or other) funding in accordance with the business plan.