Published date: 24 May 2024

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: 24 June 2024, 5pm

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

N1 0QH

Value of contract

£83,333

Procurement reference

A0770 - ITT

Published date

24 May 2024

Closing date

24 June 2024

Closing time

5pm

Contract start date

15 July 2024

Contract end date

28 February 2025

Contract type

Service 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

AI for Services, on behalf of Innovate UK, is seeking to publish a new report to map the transformation of professional and financial services sectors in the UK and its economic and societal impact and explore future opportunities for innovation with a particular focus on emerging clusters outside London.
The report should be evidence based, cover all regions of the UK and focus on the professional and financial services sector (Please see background section for definition). Online surveys shall be set up to gather insight from AI for Services members, private investors, and the wider community.
The content of the report shall cover the following sections:

1) Innovation Review & Impact: an outline of the different aspects that have influenced and shaped innovation in the sector over the last five years across the different sub-sectors and business type (E.g.: Large incumbent firms, mid-tier firms, new disruptors). Both economic and societal impact should be considered covering areas such as job creation, financial inclusion and health, digital access, adoption of innovation and technologies, and access to justice.
2) Investment Landscape: an overview on the appetite of private investors for early-stage professional and financial services ventures based on online surveys and a series of one-to-one interviews with UK investors and companies that have fundraised.
3) Beyond London: a study of existing and emerging regional clusters providing deeper analysis on 3-5 of the key clusters identified. Each cluster analysis should highlight key strengths and weaknesses, give reference to the different actors in the innovation ecosystem such as research organisations and universities, incumbent firm's incubators, and examples of innovative businesses and startups, and include a local business case study.
4) Future Shaping: A forecast on future trends and emerging technologies that have the potential to influence and shape innovation over the next five years.
Key Deliverables

The key deliverables are:

- Deliverable 1: Inception Report
- Deliverable 2: Survey and Interview Analysis
- Deliverable 3: Full Draft Report
- Deliverable 4: Signed off Publication

Deliverable 1: Inception Report
A short document outlining in detail the research approach, work plan, scope of the assignment, list of stakeholders to be consulted and initial literature review, as well as the full questionnaires for the online surveys and interviews.
Deliverable 2: Surveys and Interview Analysis
A questionnaire for the surveys and interview and analysis of the results. Innovate UK Business Connect can arrange for the survey to be sent to AI for Services members and key contact list.
Deliverable 3: First Iteration of Full Report
An initial draft of the report (~50 pages) including all tables, graphics and pictures.
Deliverable 4: Publication
The final signed off publication in pdf format ready for public consumption.

More information

Attachments

About the buyer

Contact name

Astrid Ayel

Address

Unit 218,Business Design Centre, 52 Upper Street
LONDON
N10QH
England

Telephone

033 33 403280

Email

astrid.ayel@iuk.ktn-uk.org