Published date: 29 March 2022

Last edited date: 4 April 2022

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: 22 April 2022, 9am

Contract summary

Industry

  • Business services: law, marketing, consulting, recruitment, printing and security - 79000000

  • Education and training services - 80000000

Location of contract

North West

Value of contract

£1,000 to £20,000

Procurement reference

A2F

Published date

29 March 2022

Closing date

22 April 2022

Closing time

9am

Contract start date

1 May 2022

Contract end date

30 June 2023

Contract type

Supply contract

Procedure type

Open procedure (below threshold)

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

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Cumbria Chamber of Commerce has for over the last ten years ran business support activity through Cumbria Business Growth Hub.
Cumbria Business Growth Hub now has a need to strengthen its existing offering by adding an Access to Finance offer to our current suite of activities. We are looking to offer bespoke, flexible and tailored support, signposting to products and providers which will unlock business growth.
Support will be offered to established businesses as well as start-ups through Cumbria Business Growth Hub and our Business Start-Up Support programme.
We're looking for someone who can deliver an experienced and knowledgeable Access to Finance service including:
• 1-2-1 support to assess financial position and funding requirements
• 1-2-1 support to develop business plan and financial forecasts
• 1-2-1 support to become investment ready including developing the investment proposition
• 1-2-1 support to identify the most relevant sources of funding and assisting in discussions with potential investors
• Financial planning and help to navigate the latest funding channels
• Pitch & presentation development for investment opportunities including an initial elevator pitch
• Signposting and introductions including micro fund, start-up loan, bank funding, large debt financing, grant funding, R&D and equity finance
• Support in engaging with finance providers and providing relevant information through Cumbria Business Growth Hub channels
Your submission should cover as a minimum:
• At least 5 years experience of raising finance including external markets
• Proven track record of developing and understanding business plans
• Understanding and articulation of business objectives - short/medium/long
• Understanding of management structures, financial cashflow and financial sensitivities
• Ability to develop and interpret cashflow forecast, profit & loss and balance sheet
• Proven track record of raising finance which can be demonstrated
• Demonstration of links to various A2F provider organisations
• CV detailing relevant qualifications and experience including examples of similar work and at least two relevant referees
• Overall knowledge of the funding/finance landscape
• Ability to engage effectively with finance providers and clients
• Areas of the county you are able to cover (full coverage required)
• Hourly rate
• If applying to deliver support under the BSUS programme you need to demonstrate start-up experience and understanding of this area

Submissions should be sent by email to Lesley Robinson lesleyr@cumbriachamber.co.uk marked 'Confidential - Tender Enclosed'

More information

Attachments

Links

Additional text

Submissions must be submitted by email to Lesley Robinson, Business Support Manager Manager, lesleyr@cumbriachamber.co.uk by no later than 9am on 22nd April 2022.

Any tender received after the deadline will not be scored.

About the buyer

Contact name

Lesley Robinson

Address

3rd Floor Broadacre House
16-20 Lowther Street
CARLISLE
CA38DA
England

Telephone

0845 226 0040

Email

lesleyr@cumbriachamber.co.uk

Website

https://www.cumbriachamber.co.uk/news/33856-access-to-finance-raising-finance-service-procurement