Award

High Growth Accelerator Programme - Contract Award Notice

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

12 Jun 2024 at 14:40

Summary of the contracting process

The West Midlands Combined Authority has awarded a contract for the High Growth Accelerator Programme to Gateley Global Limited. The programme aims to support 50 high-growth SMEs in the West Midlands until March 2025. The contract is worth £1,705,000 and was awarded through an open procedure above the threshold. The contract period starts on 5th June 2024 and ends on 31st March 2025.

This procurement provides a significant opportunity for businesses in the business and management consultancy services industry targeting high-growth SMEs in the West Midlands. Companies with expertise in supporting business growth and experience in providing consultancy services to high-growth firms would be well-suited to compete for this contract. The procurement stage is complete, and the contract award opens doors for businesses to engage with the West Midlands Combined Authority and contribute to the growth of local enterprises.

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Notice Title

High Growth Accelerator Programme - Contract Award Notice

Notice Description

Contract Award Notice confirming the award of a contract for the High Growth Accelerator Programme for the period 05/06/24 to 31/03/25. The aim of this programme is to provide intensive and in-depth support for 50 high-growth SMEs (as defined by sections 382 and 465 of the Companies Act) in the West Midlands, ending in March 2025. The support will help these firms to manage their growth in a more sustainable way, ensuring that their growth continues higher, longer, and more sustainably than may have been without the support. We define a "high-growth firm" as an enterprise with average annualised growth in employees or turnover greater than 20 percent per annum, over a two-year period, and with a turnover of greater than PS1 million per annum in the most recent accounts (or which has raised more than PS500,000 in equity from external investors).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e4f53f06-8185-4b94-834b-437b9d027dbf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1c1a5ca5-7c42-4403-9077-52e8a6c70da8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£1,705,000 £1M-£10M
Lots Value
Not specified
Awards Value
£1,705,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
12 Jun 20241 years ago
Submission Deadline
20 Dec 2023Expired
Future Notice Date
Not specified
Award Date
22 May 20241 years ago
Contract Period
4 Jun 2024 - 31 Mar 2025 6-12 months
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
WEST MIDLANDS 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
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)

Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

GATELEY GLOBAL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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