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Awarded

(NU1433-17) SmartBioFilm Ltd: The Provision of Business Consultancy to Assist Commercialisation of University Research

Published

Supplier(s)

IVO Associates

Value

29,600 GBP

Description

Scientists from Durham University have invented a novel device that will both detect and destroy bacterial biofilms. They have developed an electrochemical platform for detection and destruction of bacterial biofilms. This drug-free, battery-free approach is low cost and can be mass-produced. The proof of concept has been demonstrated for this device and work is underway to optimise the technology for different sectors, in particular wound dressings. An executive is now needed to drive the technology towards commercialisation, developing the commercialisation strategy and business plan and securing investment in the proposition and leading to licensing of the technology to manufactures in relevant sectors. The Executive will be expected drive the SmartBioFilm technology towards commercialisation and will address business matters relating to it including: (1) produce a viable commercial plan (business plan, cost and timeplan) and roadmap for the development of a product portfolio based on the current IP; (2) prepare presentation and pitch materials in accordance with the business plan and present to potential investors to enable securing of investment funding. (3) lead on setting up fully spun out company with relevant legal agreements in place. (4) Build a pipeline of commercial R&D contracts by engaging with large corporates and established businesses.

Timeline

Award date

3 years ago

Publish date

3 years ago

Buyer information

Newcastle University

Contact:
Natalie Morton
Email:
natalie.morton@ncl.ac.uk

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