Published date: 2 June 2021

Last edited date: 2 June 2021

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.


Closing: 2 July 2021, 10am

Contract summary

Industry

  • Banking and investment services - 66100000

  • Investment banking services and related services - 66120000

Location of contract

LS1 2DE

Value of contract

£15,000,000 to £20,000,000

Procurement reference

PROJECT NO. CA1489

Published date

2 June 2021

Closing date

2 July 2021

Closing time

10am

Contract start date

15 September 2021

Contract end date

1 September 2031

Contract type

Service contract

Procedure type

Open procedure (above threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements above the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No


Description

The Combined Authority has identified a need for additional regional funding for high growth SME's. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced £20m (total) to establish a new commercial investment fund - the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf.


More information

Links

Additional text

Is a Recurrent Procurement Type? : No


About the buyer

Contact name

Matthew Hoyle

Address

40-50 Wellington Street
Leeds
West Yorkshire
LS1 2DE
United Kingdom

Telephone

+441133481081

Email

Matthew.Hoyle@westyorks-ca.gov.uk

Website

www.westyorks-ca.gov.uk