Published date: 16 August 2024

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 6 June 2024, 5pm

Contract summary

Industry

  • Education and training services - 80000000

Location of contract

Any region

Value of contract

£1,391,760

Procurement reference

tender_406163/1391951

Published date

16 August 2024

Closing date

6 June 2024

Closing time

5pm

Contract start date

7 June 2024

Contract end date

31 March 2026

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?

Yes

Description

DSIT has procured an implementing partner to design and deliver a "Science and Technology (S&T) Venture Capital Fellowship", a 12-month pilot programme with the possibility to extend for a further year.

A pilot Venture Capital Fellowship, focused on boosting the capabilities and capacity of UK-based mid-career VC investors, giving them the tools and creating the network to increase the allocation of capital into UK science and technology, with an initial focus on R&D intensive industries.

As a pilot programme, the Fellowship should support a one-year cohort of 20-30 professional investors, drawn from high potential mid-level professional talent from UK-based VC firms (experienced Associate/Manager/Principal level) and high calibre entrepreneurs transitioning into venture capital with a strong interest in investing into Deep Tech and/or Life Sciences. In line with the Mansion House Reforms, we propose to include participants from other asset classes seeking to invest into unlisted equities.

More information

Attachments

Award information

Awarded date

22 May 2024

Contract start date

24 July 2024

Contract end date

31 March 2026

Total value of contract

£1,391,760

This contract was awarded to 1 supplier.

Imperial College Projects London

Address

Level 1 Faculty Building, Exhibition Road, London, SW7 2PG

Reference

Companies House number: 09487272

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

2 Dearmans Place
Salford
M3 5BS
England

Email

jack.millward@dsit.gov.uk