Published date: 8 February 2021
Last edited date: 8 February 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.
Contract summary
Industry
Miscellaneous business and business-related services - 79900000
Location of contract
Any region
Value of contract
£3,000,000
Procurement reference
tender_261574/924085
Published date
8 February 2021
Closing date
3 March 2021
Closing time
5pm
Contract start date
5 April 2021
Contract end date
31 March 2023
Contract type
Service contract
Procedure type
Other: Grant Funding
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
Yes
Description
The Department for International Trade ("DIT") is seeking to award grant funding for a requirement to create a new in-market international tech network, adding an extra layer of support to UK digital tech companies seeking to scale through international expansion. This will support:
- Companies looking to expand into the markets covered by the network whether to form partnerships with local established companies or to set up new sales offices.
- Companies seeking investment and willing to be showcased and connected to regional investors.
- Companies seeking talent from the region through the UK visa system (particularly the Tech Nation Visa) to work in the UK
In at least one country of each of the three sub-regions within Asia Pacific (i.e. NE Asia, SE Asia, Australia and New Zealand), the Grant Recipient will place and manage at least one experienced entrepreneurial Country Manager based in co-working spaces providing the bridge between scaling tech companies in the UK and the regional ecosystems. At a minimum, we expect Country Managers to be located in Japan, Singapore and Australia. The aim is to accelerate UK scaling tech businesses' access to capital; to customers; and to talent in these markets.
The In-Market Tech Entrepreneur Network should deliver against government priorities of increasing productivity and growth across the UK, including by:
- Supporting UK businesses to grow internationally in a sustainable way
- Driving international trade, attracting investment
- Growing an economy that is creative, innovative and works for everyone
- Ensuring the UK remains a leading destination for international investment and maintains its number one position for international investment stock in Europe
The full specification is provided with the tender and grant documents located in DIT's e-sourcing portal, Jaggaer.
The grant funding shall be for a period of twenty-four (24) months.
DIT is using e-tendering for this procurement which means this Invitation To Bid (ITB) and the forms for submitting a response are only available in electronic form which can be accessed via your web browser at: https://uktrade.app.jaggaer.com/.
Bidders should read all the instructions and documents thoroughly and follow the defined processes to comply with our requirements.
About the buyer
Contact name
Ben Pearce
Address
3 Whitehall Place
London
SW1A 2AH
England
Telephone
0
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Closing: 3 March 2021, 5pm
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