Tender

Investment Ready Programme

FUNDING LONDON LIMITED

This public procurement record has 8 releases in its history.

TenderAmendment

12 Jan 2022 at 13:05

TenderAmendment

12 Jan 2022 at 13:01

TenderAmendment

12 Jan 2022 at 11:24

TenderAmendment

12 Jan 2022 at 09:30

TenderAmendment

12 Jan 2022 at 09:25

TenderAmendment

10 Jan 2022 at 16:38

TenderAmendment

10 Jan 2022 at 16:36

Tender

10 Jan 2022 at 16:06

Summary of the contracting process

The Investment Ready Programme, initiated by Funding London, seeks a subject matter expert to conduct twelve group sessions on early-stage investment from 15th March 2022 to 16th December 2022. This procurement is classified under financial and insurance services and is located in London. The tender is currently open under an open procurement method. Interested parties must submit their proposals by 11th February 2022 to bianca@fundinglondon.co.uk, with a maximum budget of £40,000 (including VAT) allocated for the sessions.

This tender presents significant opportunities for businesses specialising in financial consultancy and training services, particularly those experienced in fundraising strategies tailored for underrepresented groups, such as female, disabled, and ethnic minority founders. Enterprises that can deliver interactive, engaging workshops on fundraising strategies, financial modelling, and presentation skills will be well positioned to compete for this contract and contribute to enhancing the investment readiness of SMEs in London.

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Notice Title

Investment Ready Programme

Notice Description

Introduction Funding London seeks to engage a subject matter expert to deliver in depth content on early-stage investment for twelve group sessions between 15/03/2022 and 16/12/2022 focused on topics outlined in the 'Scope of Work'. This programme is delivered by Funding London for the London Business Hub. About Funding London SME Wholesale Finance (London) Limited, trading under Funding London, was established in 2004 by the then Mayor of London with the specific long-term mandate to support the Economic Development Strategy for London through its SME funding activities. We are a wholly owned subsidiary of the Greater London Authority. More information about our activities and our funds can be found at www.fundinglondon.co.uk About the Investment Ready Programme 1. Background and context The Investment Ready Programme is designed as a pilot project to help London based SMEs, especially those led/managed by female, disabled or ethnic minority founders raise equity or debt finance. The overall goal is to help SMEs raise external finance by removing barriers to fundraising through targeted support. 2. Programme Objectives The programme will seek to: 1) Increase the value of investments made into SMEs from underrepresented groups; 2) Address presentation failures; and 3) Enable at least PS2.5 M of investment, of which PS1.5M to be raised by companies founded/led by underrepresented founders (female, disable and ethnic minority) Scope of Work The subject matter expert will help Funding London select eligible participants will provide content in the following areas for each cohort: * Fundraising strategy and funding options * Building and presenting the deck and the story * Financial modelling and valuation * Creating a data room and investor FAQ All the above are a combination of online and face-to-face group sessions. We expect these to be interactive sessions, lasting between three to four hours. A detailed scope of work and the bidding process can be found in the attachment of this notice. Please visit for further information. Budget We have a maximum budget of PS40,000 (incl. VAT) to cover the delivery of 12 group sessions. Deadline for submission of proposals Submit your proposal addressing the scope of work, proposed budget and providing relevant credentials (skills and experience) by 11 February to bianca@fundinglondon.co.uk. You will be contacted separately after your proposal has been reviewed. Questions and clarification Please visit attachment 'Scope of work and bidding process' for further information. If you require additional clarification, please send your questions at bianca@fundinglondon.co.uk before 31 January.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-ca43979e-e546-4af4-a8d0-1e97a7535f75
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8c2adcd1-8df6-4bd2-ad85-d4629dfe4d69
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£40,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jan 20224 years ago
Submission Deadline
11 Feb 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Mar 2022 - 1 Dec 2022 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
FUNDING LONDON LIMITED
Contact Name
Bianca Valea
Contact Email
bianca@fundinglondon.co.uk
Contact Phone
020 7043 0739

Buyer Location

Locality
LONDON
Postcode
WC2A 1LG
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Farringdon Without
Westminster Constituency
Cities of London and Westminster

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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