Published date: 13 April 2023
This notice was replaced on 13 April 2023
This notice does not contain the most up-to-date information about this procurement. The most recent notice is:
Early engagement (published 13 April 2023, last edited 20 April 2023)
Closed early engagement
Contract summary
Industry
Business services: law, marketing, consulting, recruitment, printing and security - 79000000
Location of contract
England
Procurement reference
CPCA001-DN665766-17673997
Published date
13 April 2023
Closing date
3 May 2023
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
Business Growth and Social Impact Investment Fund
Procurement Market Engagement Event
Wednesday 3rd May 2023 12pm to 13 30pm
The Cambridgeshire and Peterborough Combined Authority will soon be opening a tendering opportunity for a delivery partner that will be responsible for making investment decisions according to rigorous commercial criteria and make a commercial return on investment on the equity fund
They will incorporate the following areas in its delivery:
Designing the fund in partnership with CPCA - undertaking market testing to test the assumptions made by the CPCA in developing the fund and make recommendations on the fund operation and financial modelling
Promotion and Marketing of the fund
Conducting Due Diligence assessments on applicants
Issue loans, grants and equity investments
Developing partnership to enhance existing relationships with the banks, accountants, capacity building organisations and other financial intermediaries located in the region
The project will have two distinct categories of businesses being targeted
Fund 1 a growth fund aimed at providing equity or debt funding to high growth potential businesses that do not have access to funding from other sources
Fund 2 a fund aimed at providing grants or loans to third sector businesses that do not have access to funding from other sources
Administration to cover the 2 fund streams
The Market Engagement event will provide interested delivery partners with the opportunity to engage with the Combined Authority's project team as well as discussing the expectations of the delivery partner, the funding and delivery timeline
To register your interest in attending this event you will need to respond via the e tendering portal with the names and email addresses of the attendees. Once this has been done, a link to the event will follow
More information
About the buyer
Contact name
Chantel Allott
Address
Cambridgeshire & Peterborough Combined Authority
2nd floor, Pathfinder House, St Mary's Street
Huntingdon
PE29 3TN
United Kingdom
Telephone
+44 1480277180
chantel.allott@cambridgeshirepeterborough-ca.gov.uk
Website
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