Published date: 19 September 2019

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: 11 October 2019

Contract summary

Industry

  • Database-management system - 48612000

  • Data supply services - 72319000

Location of contract

Any region

Value of contract

£100,000 to £500,000

Procurement reference

BIP431332850

Published date

19 September 2019

Closing date

11 October 2019

Contract start date

3 January 2020

Contract end date

2 January 2022

Contract type

Service contract

Procedure type

Open procedure

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

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

The British Business Bank was established to ensure the small business finance markets in the UK are functioning correctly, with a large part of our work relating to private equity markets- In particular venture capital. We therefore require access to a VC database covering all aspects of the market.

The procured data will have three core purposes:

a.Provide us with insights into global VC market trends
b.Provide our product teams with a platform they can use to analyse the investment activity of specific fund managers as part of the due diligence process. The product teams will also use the platform as a benchmarking tool (for fund/ round sizes amongst other things)
c.Provide us with an API feed which will give us information on the sectoral classifications of our equity portfolio (i.e. companies that have received funding from one of our portfolio funds)

More information

Links

Additional text

The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.

About the buyer

Contact name

Procurement

Address

Steel City House
West Street
Sheffield
S1 2GQ
UK

Telephone

02039051462

Email

Procurement@british-business-bank.co.uk