Planning

Market Engagement - Business Growth and Social Impact Investment Fund

CAMBRIDGESHIRE & PETERBOROUGH COMBINED AUTHORITY

This public procurement record has 2 releases in its history.

Planning

20 Apr 2023 at 12:12

Planning

13 Apr 2023 at 12:47

Summary of the contracting process

The Cambridgeshire & Peterborough Combined Authority is planning a tender for the Market Engagement - Business Growth and Social Impact Investment Fund. The procurement stage is in the planning phase, with the engagement end date set for 3rd May 2023. This opportunity, targeted at businesses in the business services sector, is located in England. The tender presents a chance for businesses to engage in promoting the fund, conducting due diligence assessments, and developing partnerships with financial intermediaries. Key activities include providing equity or debt funding to high growth potential businesses without other funding sources and offering grants or loans to third sector businesses.

This tender presents an opportunity for SMEs and VCSEs interested in business services, law, marketing, consulting, recruitment, printing, and security to expand their operations. Businesses equipped to deliver market testing, promotion, due diligence assessments, and relationship-building with financial institutions are well-suited for this opportunity. The target businesses include those seeking equity or debt funding for growth or grants/loans for third sector activities. Interested stakeholders can engage in the Market Engagement event to understand delivery expectations, funding timelines, and partnership requirements set by the Cambridgeshire & Peterborough Combined Authority.

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Notice Title

Market Engagement - Business Growth and Social Impact Investment Fund

Notice Description

Business Growth and Social Impact Investment Fund Procurement Market Engagement Event Wednesday 3rd May 2023 12pm to 13 30pm The Cambridgeshire and Peterborough Combined Authority will soon be opening a tendering opportunity for a delivery partner that will be responsible for making investment decisions according to rigorous commercial criteria and make a commercial return on investment on the equity fund They will incorporate the following areas in its delivery: Designing the fund in partnership with CPCA - undertaking market testing to test the assumptions made by the CPCA in developing the fund and make recommendations on the fund operation and financial modelling Promotion and Marketing of the fund Conducting Due Diligence assessments on applicants Issue loans, grants and equity investments Developing partnership to enhance existing relationships with the banks, accountants, capacity building organisations and other financial intermediaries located in the region The project will have two distinct categories of businesses being targeted Fund 1 a growth fund aimed at providing equity or debt funding to high growth potential businesses that do not have access to funding from other sources Fund 2 a fund aimed at providing grants or loans to third sector businesses that do not have access to funding from other sources Administration to cover the 2 fund streams The Market Engagement event will provide interested delivery partners with the opportunity to engage with the Combined Authority's project team as well as discussing the expectations of the delivery partner, the funding and delivery timeline To register your interest in attending this event you will need to respond via the e tendering portal with the names and email addresses of the attendees. Once this has been done, a link to the event will follow

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7d696515-46ea-4b59-913c-8edb431b6b35
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/655e5e6c-d30a-48f2-b126-9b26d1f2aa32
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Market Engagement 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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

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

Notice Dates

Publication Date
20 Apr 20232 years ago
Submission Deadline
Not specified
Future Notice Date
3 May 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
CAMBRIDGESHIRE & PETERBOROUGH COMBINED AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HUNTINGDON
Postcode
PE29 3TN
Post Town
Peterborough
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH4 Cambridgeshire and Peterborough
Small Region (ITL 3)
TLH42 Cambridgeshire CC
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Huntingdonshire
Electoral Ward
Huntingdon North
Westminster Constituency
Huntingdon

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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