D2N2-0723 D2N2 Early Stage Angel Investment Fund (ESAIF) Fund Manager

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    "id": "ocds-h6vhtk-03ee2a-2024-09-24T10:36:55+01:00",
    "date": "2024-09-24T10:36:55+01:00",
    "ocid": "ocds-h6vhtk-03ee2a",
    "description": "Any contract or agreement resulting from any invitation to tender will be considered as a contract made in England according to English Law and subject to the exclusive jurisdiction of the English courts. The Freedom of Information Act 2000 imposes a statutory obligation on public bodies to disclose information they are holding. Tenderers should be aware of the Authority's obligations under the Act, whereby information provided by tenderers in response to this advertisement may be requested by a third party. The Authority does not bind itself to accept any tender. The Authority expressly reserves the right: (i) to make whatever changes it may see fit to the content and structure of the procurement process; (ii) to require further information or clarification from a tenderer before considering its response; (iii) to exclude a tenderer from the procurement process if it is subsequently determined that any information supplied by that tenderer was inaccurate, incomplete or untrue and was relied upon for selection purposes; (iv) to cancel this procurement at any stage; and (v) not to award any Contract as a result of the procurement process commenced by publication of this notice. Neither the Authority nor any of its advisers shall be liable for any costs or expenses borne by any tenderer or any of its advisers in responding to this contract notice or at any stage in the procurement process to the extent permitted by law. Instructions This should include specific instructions for responding to the notice. To register your interest in this notice and obtain any additional information please visit the East Midlands Tenders - https://www.eastmidstenders.org/ Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.",
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        "title": "D2N2-0723 D2N2 Early Stage Angel Investment Fund (ESAIF) Fund Manager",
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            "description": "Financial and insurance services"
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        "description": "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 PS50.5 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 PS4m 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).",
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        "contractTerms": {
            "performanceTerms": "As detailed in Appendix F - Proposed Limited Partnership Agreement and Appendix G - Proposed Fund Management Agreement."
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                "postalCode": "NG2 1EP",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Miss Holly Platts",
                "telephone": "+44 1629530000",
                "email": "holly.platts@derbyshire.gov.uk",
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