Published date: 30 April 2018
Last edited date: 30 April 2018
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 and insurance services - 66000000
Location of contract
London
Value of contract
£13,100,000
Procurement reference
TFL001-DN328848-25108714
Published date
30 April 2018
Closing date
21 May 2018
Contract start date
1 July 2018
Contract end date
30 June 2028
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
Funding London (The Authority) is seeking FCA-authorised fund management organisations to enter into Limited Partnership Agreements (LPA) in order to manage and invest the capital of a new £100m Fund of Funds that will be invested in four sub-funds for SME's who's core activities are based in London
Fund 1 (Lot 1): a £45m Early Stage Venture and Circular Economy Fund. (£14m ring fenced for Circular Economy)
Fund 2 (Lot 2): a £25m Loan Fund (small loans focus)
Fund 3 (Lot 3): a £25m Loan Fund (larger loans focus)
Fund 4 (Lot 4): a £5m Micro Loan Fund
More information
Links
About the buyer
Contact name
Gary Seed
Address
Transport for London
55 Broadway
London
SW1H 0BD
England
Website
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Closing: 21 May 2018
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