Tender

Sustainable Innovation Fund Investment Program

KNOWLEDGE TRANSFER NETWORK LIMITED

This public procurement record has 2 releases in its history.

TenderAmendment

17 Mar 2022 at 11:17

Tender Notice
Tender

17 Mar 2022 at 11:15

Tender Notice
Summary of the contracting process

The Knowledge Transfer Network Limited is seeking proposals for the Sustainable Innovation Fund Investment Program, aimed at supporting companies in accessing early-stage investment from May 2022. This programme, classified under Research and Development Services, is located in the United Kingdom and operates under a limited procurement method through a competitive quotation process. Proposals are due by 17:00 on 15th April 2022, with a budget of £83,300 (excluding VAT) allocated for a contract period running from 1st May 2022 to 30th September 2022.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) looking to grow through investment readiness programs. The initiative is designed to support up to 20 businesses in raising equity finance between £500,000 and £5,000,000. Businesses with innovative ideas, well-structured funding strategies, and a focus on collaboration will be well-suited to compete, given the emphasis on tailored support and a creative approach to programme delivery.

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Notice Information

Notice Title

Sustainable Innovation Fund Investment Program

Notice Description

Innovate UK KTN are seeking to run an investment program from May 2022 to support companies awarded Sustainable Innovation Fund grants with preparing and accessing early-stage investment for their business. The aim of the program is to provide an opportunity for companies funded by the Sustainable Innovation Fund to raise equity finance from business angels and venture capital investors. We envisage this program supporting a cohort of up to 20 companies. Companies will be selected through a competitive process co-designed with the selected supplier. We expect to work with companies raising between 500,000 - 5,000,000. The program will provide training and support to companies over a series of workshops. The support should help teams prepare, navigate, and execute on their fundraising campaign. A showcase or series of showcase events will provide a platform to allow the cohort to pitch towards the investment community. The program has quantitive KPIs focusing on the number of connections between the cohort and selected investors and the value of investment raised. We will also conduct a monitoring and evaluation process following the program including net promoter score. Our qualitative KPIs focus on improving individual companies' "readiness" relating to raising risk capital. Scope of proposals and deliverables required Proposals should focus on developing and leading an end-to-end investment readiness program to support a maximum of 20 SMEs from the Sustainable Innovation Fund. We envisage proposals to address the following but not limited to: * Program design and structure * Support with the application and company selection phase * Workshops and training preparation for the selected cohort * In-person investor showcase * Marketing and investment community outreach We actively seek creative proposals addressing the mentioned areas above and encourage potential suppliers to think uniquely how they can deliver an industry leading program. Proposals should outline how they will address each area outlined above and are welcome to design a curriculum to support. We welcome workshops and sessions to be designed creatively and collaboratively across the ecosystem to provide the right tailored support. Innovate UK KTN will support with the communications towards the Sustainable Innovation Fund applicants in collaboration with the selected supplier. Proposals should include all costs relating to the program from preparation, program design, marketing and venue and catering costs. We anticipate receiving single company proposals; however, we envisage that collaborative approaches between 2 organisations may also enable a strong balance to deliver on the topic and are open to this. Proposals should be submitted as one if partnering and outline each other's elements to the proposal. Budget PS83,300 + VAT Please provide the information requested in the tender notice to sustainableinnovationfund@ktn-uk.org by 17:00, 15th April 2022.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e49208fe-8ce1-46e1-9e3b-dc4025120a24
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/da9badba-20d8-43f5-b25f-a26ecfea420d
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
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
£83,300 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Mar 20223 years ago
Submission Deadline
15 Apr 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Apr 2022 - 30 Sep 2022 1-6 months
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
KNOWLEDGE TRANSFER NETWORK LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
N1 0QH
Post Town
North London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified
Local Authority
Islington
Electoral Ward
St Mary's & St James'
Westminster Constituency
Islington South and Finsbury

Further Information

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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