Contract Timeline

Publication Date

24th September 2024 09:36:55 AM

Contract Summary

Established in 2010, D2N2 is a Local Enterprise Partnership (LEP) operating in the local authority areas of Derby, Derbyshire, Nottingham, and Nottinghamshire to grow the area’s economy. Local enterprise partnerships are non-statutory bodies responsible for local economic development in England. D2N2 is one of the largest LEPs in England, with a population of more than two million people and with an economic output of over £50.5 billion GVA (gross value added). D2N2 is looking to establish an early stage angel investment fund (the Fund) in order to promote equity investment in a core client group where intervention is required to stimulate real opportunity, namely early-stage, start-up businesses between 6 months to 2-years old, typically requiring small amounts of pre-seed and seed investment. D2N2 has up to £4m to invest and requires a 1:1 co-investment rate from the successful Tenderer. D2N2 proposes a Limited Partnership fund structure for the Fund in order to deliver the investments. D2N2 is looking for a service provider who will be appointed to establish the Fund (including taking the role of General Partner of the Limited Partnership) and to be responsible for the day-to-day operation, decision-making and management of the Fund (the Fund Manager).

Contract Details

Open Contracting ID

ocds-h6vhtk-03ee2a

Publication Source

Find a Tender Service

Procurement Stage

Award, Contract

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS

Contract Classification

CPV Code(s)

66000000

CPV Division(s)

66 - Financial and insurance services

Awarding Authority

D2N2 LOCAL ENTERPRISE PARTNERSHIP

Buyer Name

Miss Holly Platts

Buyer Email

holly.platts@derbyshire.gov.uk

Buyer Phone

Buyer Address

8 Experian Way

Nottingham

NG2 1EP

United Kingdom

Awarded Supplier(s)

Supplier Name(s)

HAATCH VENTURES LLP

Contract Timeline

Publication Date

9th August 2023 09:09:23 AM

Tender Deadline

11th September 2023 16:00:00 PM   Expired

Contract Summary

Established in 2010, D2N2 is a Local Enterprise Partnership (LEP) operating in the local authority areas of Derby, Derbyshire, Nottingham, and Nottinghamshire to grow the area’s economy. Local enterprise partnerships are non-statutory bodies responsible for local economic development in England. D2N2 is one of the largest LEPs in England, with a population of more than two million people and with an economic output of over £50.5 billion GVA (gross value added). D2N2 is looking to establish an early stage angel investment fund (the Fund) in order to promote equity investment in a core client group where intervention is required to stimulate real opportunity, namely early-stage, start-up businesses between 6 months to 2-years old, typically requiring small amounts of pre-seed and seed investment. D2N2 has up to £4m to invest and requires a 1:1 co-investment rate from the successful Tenderer. D2N2 proposes a Limited Partnership fund structure for the Fund in order to deliver the investments. D2N2 is looking for a service provider who will be appointed to establish the Fund (including taking the role of General Partner of the Limited Partnership) and to be responsible for the day-to-day operation, decision-making and management of the Fund (the Fund Manager).

Contract Details

Open Contracting ID

ocds-h6vhtk-03ee2a

Publication Source

Find a Tender Service

Procurement Stage

Tender

Procurement Method

Open

Procurement Method Details

Open Procedure

Procurement Category

Services

Tender Suitability

Framework / DPS

Contract Classification

CPV Code(s)

66122000

CPV Division(s)

66 - Financial and insurance services

Awarding Authority

D2N2 LOCAL ENTERPRISE PARTNERSHIP

Buyer Name

Miss Holly Platts

Buyer Email

holly.platts@derbyshire.gov.uk

Buyer Phone

+44 1629530000

Buyer Address

8 Experian Way

Nottingham

NG2 1EP

United Kingdom