Award

GB-Sheffield: Innovation Cluster Investment Readiness cohort

BRITISH BUSINESS BANK PLC

This public procurement record has 1 release in its history.

Award

17 Dec 2025 at 08:40

Award Notice
Summary of the contracting process

The procurement process titled "GB-Sheffield: Innovation Cluster Investment Readiness cohort" involves the British Business Bank Plc, a development bank wholly owned by HM Government, with its registered office in Sheffield, UK. This contract, classified under the banking and investment services category, seeks to facilitate investment readiness for businesses aiming to raise equity or debt funding. Located in Yorkshire and the Humber, the contract's procurement stage is 'Award', having been published on 17th December 2025 following the awarding of the contract on 2nd December 2025. The tender has been completed, with a contract value of £25,000 and spans from 19th January 2026 to 30th April 2026.

The Innovation Cluster Investment Readiness cohort presents robust growth opportunities for enterprises in the investment and banking services sector. Although not explicitly targeting SMEs or VCSEs, this initiative is ideal for businesses well-versed in delivering investment banking services and adept at supporting companies in funding pursuits. As the supplier, Turnkey Venture Partners Ltd, an established SME, exemplifies the type of business capable of executing the project effectively, showcasing potential business growth by participation in such public procurement contracts.

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Notice Information

Notice Title

GB-Sheffield: Innovation Cluster Investment Readiness cohort

Notice Description

We will be looking to run an innovation focused cohort that will support businesses that are looking to raise equity or debt funding Additional information: British Business Bank Plc, registered in England and Wales, registration number 08616013, registered office Steel City House, West Street, Sheffield, S1 2GQ, a development bank wholly owned by the HM Government. It and its subsidiaries are not banking institutions and do not operate as such. With the exception of BBB Investment Services Limited they are not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. BBB Investment Services Limited is authorised and regulated by the Financial Conduct Authority. A complete legal structure chart for the group can be found at www.british-business-bank.co.uk.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-53b102db-e3b1-41b3-8827-b339a7d17711
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8ee85e28-805f-4ffd-bb68-d1862d8cede9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66100000 - Banking and investment services

66120000 - Investment banking services and related services

Notice Value(s)

Tender Value
£25,000 Under £100K
Lots Value
Not specified
Awards Value
£25,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Dec 20252 months ago
Submission Deadline
1 Dec 2025Expired
Future Notice Date
Not specified
Award Date
2 Dec 20252 months ago
Contract Period
19 Jan 2026 - 30 Apr 2026 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BRITISH BUSINESS BANK PLC
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SHEFFIELD
Postcode
S1 2GQ
Post Town
Sheffield
Country
England
Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE3 South Yorkshire
Small Region (ITL 3)
TLE32 Sheffield
Delivery Location
TLE Yorkshire and The Humber
Local Authority
Sheffield
Electoral Ward
City
Westminster Constituency
Sheffield Central

Supplier Information

Number of Suppliers
1
Supplier Name

TURNKEY VENTURE PARTNERS

Further Information

Notice Documents

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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