Published date: 2 September 2016

This notice was replaced on 2 September 2016

This notice does not contain the most up-to-date information about this procurement. The most recent notice is:

Awarded contract (published 17 June 2019)

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Contract summary

Industry

  • Financial consultancy services - 66171000

Location of contract

North East

Value of contract

£32,000 to £80,000

Procurement reference

NEA2F/031

Published date

2 September 2016

Closing date

16 September 2016

Contract start date

26 September 2016

Contract end date

31 March 2017

Contract type

Service contract

Procedure type

Not applicable

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

To secure expert advice and support to finalise the establishment of a new, publicly-backed venture capital holding fund in the North East LEP area, in succession to Finance for Business North East.
Active engagement is required from an advisor with detailed knowledge and prior experience of such funds and, ideally, good knowledge of the relevant stakeholders in North East England.
The consultant will work closely with the Project Delivery Team to support the later stages of fund manager procurement; complex financial modelling; creation of investment policy documentation; engagement with stakeholders on all aspects of project development and delivery; senior level presentations; negotiations with the European Investment Bank and other funders; creating governance structures and coordination of recruitment activities.

More information

Attachments

Links

Additional text

Please read the attached Invitation to Tender for full details of the contract requirements and basis of engagement.
The contract is for an immediate start in September 2016. The precise time commitment may be subject to change, but as an indicative guide the minimum is expected to be 2 days per week from September 2016 until the end of March 2017.

About the buyer

Contact name

Kay Goodinson

Address

3rd Floor, Baltimore House
Abbots Hill
Gateshead
NE8 3DF
England

Telephone

0191 499 8550

Email

kay.goodinson@nea2f.co.uk

Website

www.nea2f.co.uk