RFP QuestBeta
Awarded · ResultStage · contract

Department for Business, Energy & Industrial Strategy

GOTT: RFQ for Public Sector Founder Equity and Rewards to Innovators

R&DCPV 73110000
Value£96k
Awarded17 Mar 2023
Published29 Jun 2023
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£96ktotal contract value
median £66k
this tender£0£561k

This sits in the upper-middle of the Research & Development band — a substantial contract for the sector. Based on 20,405 valued Research & Development tenders in our corpus.

The brief

Awarded contract for the following former opportunity: Established in 2022, the Government Office for Technology Transfer (GOTT), part of the Department for Science, Innovation and Technology, supports the UK public sector to unlock the potential of its knowledge assets to deliver value to the UK economy and society.

Our priorities include providing support through guidance, such as the Rose Book and specialist advisory support.

More information on GOTT is available at https://www.gov.uk/government/organisations/government-office-for-technology-transfer.

One of the areas that GOTT is looking at is company formation and decision making at the early stage of seeking external sources of finance to develop the social, economic of financial value of knowledge assets owned by the Crown.

As such we are keen to build a broader picture of UK public sector approaches to taking equity in spinouts and supporting them to commercialise public sector funded research.

The proposed study is designed to address these questions by building out a picture of the number and type of the UK's existing public sector spinouts/companies.

The successful supplier will need to initially build an evidence base of existing spinouts across government through a variety of routes, such as internal and external data sources.

We will then use this as a data set to understand equity positions taken by public sector organisations under different scenarios in these spinouts/companies, including making relevant comparisons, such as to the UK university tech transfer sector.

The study should also look at whether public sector employees (innovators) and founders have been able to take equity or other forms of revenue such as royalties in the spinout and if so, under what terms.

For the purposes of this study, the public sector will be defined as central government departments, ALB's and agencies.

This definition explicitly does not include the university sector and local government.

Key requirements

What the supplier must deliver

01

Established in 2022, the Government Office

Established in 2022, the Government Office for Technology Transfer (GOTT), part of the Department for Science, Innovation and Technology, supports the UK public sector to unlock the potential of its knowledge assets to deliver value to the UK economy and society.

02

Our priorities include providing support through guidance

Our priorities include providing support through guidance, such as the Rose Book and specialist advisory support.

03

The successful supplier will need to initially

The successful supplier will need to initially build an evidence base of existing spinouts across government through a variety of routes, such as internal and external data sources.

04

The study should also look at whether

The study should also look at whether public sector employees (innovators) and founders have been able to take equity or other forms of revenue such as royalties in the spinout and if so, under what terms.

Derived from the notice text — always confirm against the original documents.

What this bid requires

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Source & provenance
OCID
f296215d-5afb-4aaf-a5be-f48a1ab83883
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
tender_337703/1227895
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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