Planning

RFI: How can UKSA better catalyse investment into the UK space sector

UK SPACE AGENCY

This public procurement record has 2 releases in its history.

Planning

04 Nov 2022 at 17:39

Planning

03 Nov 2022 at 14:38

Summary of the contracting process

The UK Space Agency is planning a procurement process with the title "RFI: How can UKSA better catalyse investment into the UK space sector". This opportunity falls under the Research and Development Services category and includes milestones such as the engagement end date on 28 November 2023. The procurement stage is at the planning phase. The agency aims to catalyse investment in the space sector and address barriers like a shortage of early-stage capital. The buying organisation is the UK Space Agency based in Swindon, England.

This tender from the UK Space Agency seeks to attract businesses, particularly SMEs and VCSEs, that can contribute to the UK space sector's growth. Companies involved in research and development services may find this opportunity suitable. The agency is looking for innovative funding models attractive to private investors and firms in the space sector. The deadline for responses is 28 November 2022, and interested parties can participate by completing the provided form or document. This initiative aims to maximise the value of non-government contracts and private capital, fostering long-term growth in the space industry.

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Notice Title

RFI: How can UKSA better catalyse investment into the UK space sector

Notice Description

The UK Space Agency inspires and leads the UK in space, to benefit our planet and its people. By Catalysing Investment into the UK Space Sector, UKSA will support the delivery of the National Space Strategy, with the aim of maximising the value of contracts and capital flowing into the space sector (our "North Star") and closing the investment gap with comparable space nations. To catalyse investment into the space sector, UKSA will use its funding to multiply the value of non-government contracts and private capital secured by UK space organisations to maximise the sector's long-term growth, including through a portfolio of high-risk, high-reward technologies and applications. Feedback from the UK space sector and investors indicates that UKSA might do more to catalyse private investment into the sector. Some potential barriers to investment identified include: - A shortage of early-stage and growth capital for firms. - A perception by some investors that all space investments are high-risk, long term, unprofitable, and capital intensive. - Public funding focused on technology development rather than growing profitable businesses. In response, UKSA is looking to ensure that the funding it offers is accessible, attractive to investors and helps increase investment into the space sector. This Request for Information seeks to establish what alternative funding models might be attractive to firms and private investors in the space sector and whether we can improve how we offer our existing innovation funding. To respond, please complete this form: https://forms.office.com/r/bgmh9PzZAk This questionnaire is also available as a word document, as attached. If you require a more accessible version (e.g., PDF) please contact strategy@ukspaceagency.gov.uk. Submissions of word documents should be returned to strategy@ukspaceagency.gov.uk with 'Cat Inv-RFI' as the subject line. An email confirmation of receipt from UKSA will be sent within a one-week period to the designated point of contact. The deadline for responses is 16:00 on 28 November 2022.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3756bc78-ad1e-4331-8139-66777a2d5a86
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fedde28e-3d3f-4d2b-beaf-9e81a877b16a
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planned Procurement Notice
Procurement Type
Standard
Procurement Category
Not specified
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

73 - Research and development services and related consultancy services


CPV Codes

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Nov 20223 years ago
Submission Deadline
Not specified
Future Notice Date
28 Nov 2023Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK SPACE AGENCY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1SZ
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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