Official UK procurement notice
Accelerating FemTech and MedTech Venture Kickstarter - HIN
Authority: Guy's and St Thomas' NHS Foundation Trust (Central government)
What is being bought
Published requirement descriptionThe Health Innovation Network South London (HIN SL) has been awarded a grant by Innovate UK to deliver two Biomedical Catalyst Accelerators. The outcome of the programme will seek to support innovative companies to de-risk and accelerate the commercial readiness of medical devices. This is part of the strategy for St Thomas’ Campus to be a Medtech Hub for London Societal Challenge 1 (SC1).
The lotProcurement structure
single lot · no lot value publishedProcedure terms & legal framework
From the official record- Procedure method
- Direct award
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 28 Oct 2025, 14:28 GMT
- Last source update
- 28 Oct 2025, 15:23 GMT
- Authority reference
C397692- FTS notice number
2025/S 000-069054- Latest notice
- Transparency notice (UK5)
- Delivery area
- Official registry OCID
ocds-h6vhtk-05d55fFind a Tender
- Why no open competition
- Single Suppliers Intellectual Property Exclusive Rights
- Published justification
The following rationale supports the proposed direct award under Schedule 5 of the Procurement Act 2023 on the grounds of the novelty of the service and King’s College London having intellectual property rights in delivering the MedTech Venture Kickstarter as implied in the Innovate UK grant offer letter and thus there leaves no reasonable alternatives other than for King’s College London to deliver the programme. This approach is in accordance with Section 41 by reference to paragraph 2(a) and paragraph 5(a) and (b) of the Procurement Act 2023.
Notice history
4 events · 3 releases on Find a Tender · since 28 Oct 2025- Transparency notice published28 Oct 2025, 14:28 GMTUK5
- Transparency notice published28 Oct 2025, 14:57 GMTUK5
- Transparency notice published28 Oct 2025, 15:23 GMTUK5
- Contract signature expected10 Nov 2025, 23:59 GMTscheduled
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| King's College London10 Nov 2025 – 31 Mar 2026Amended: Update to Awarded Suppliers · Amended: Update to Awarded Suppliers | £400,000 | — | Standstill |
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- King's College LondonAwarded supplier
Official documents & specifications (3)
Official links; attachments are not copiedNotices published for this procedure
- Transparency notice Transparency notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender
- Transparency notice Transparency notice on Find a Tender