Published date: 24 June 2022

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: 21 July 2022, 12pm

Contract summary

Industry

  • Financial and insurance services - 66000000

Location of contract

West Midlands

Value of contract

£5,000,000

Procurement reference

tender_309088/1080650

Published date

24 June 2022

Closing date

21 July 2022

Closing time

12pm

Contract start date

1 September 2022

Contract end date

30 September 2032

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?

No

Description

The West Midlands Combined Authority ("WMCA") and a second investor to the Fund ("Investor 2") will be establishing a co-investment fund ("the West Midlands Equity Co-Investment Fund" or "the Fund"), making equity investments into the region's high growth potential SMEs. Both parties aim to have the fund established and ready to launch by no later than 3rd October 2022.

More information

Links

About the buyer

Address

16 Summer Lane, Birmingham, West Midlands,
Birmingham
B19 3SD
England

Email

Josie.Medforth@place-group.com

Website

https://wmca.bravosolution.co.uk/