Planning

Science & Technology Venture Capital Fellowship

DEPARTMENT FOR SCIENCE, INNOVATION & TECHNOLOGY

This public procurement record has 1 release in its history.

Planning

09 Jan 2024 at 17:28

Planning Notice
Summary of the contracting process

The Department for Science, Innovation & Technology is planning a tender for the "Science & Technology Venture Capital Fellowship" in the services industry. The procurement process is in the planning stage with a total value of £3,000,000. The Department is based in London, UK, and is seeking feedback through a pre-market engagement event scheduled for 16th January 2024. The actual tender launch is planned after a Request for Information (RFI) phase, with interested parties required to submit responses by 26th January 2024. The procurement method is a competitive tender, aimed at creating opportunities for businesses specialising in education and training services.

The "Science & Technology Venture Capital Fellowship" tender issued by the Department for Science, Innovation & Technology presents a significant business growth opportunity for companies interested in investing in high-growth innovative firms. Businesses that excel in providing education and training services, especially in the UK region, are well-suited to compete for this contract. By participating in the tender process, organisations can contribute to shaping the next generation of world-leading investors and support the UK's innovative ecosystem. Stay informed about key dates and deadlines to maximise your chances of successfully securing this lucrative contract.

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Notice Information

Notice Title

Science & Technology Venture Capital Fellowship

Notice Description

At the Autumn Statement, the Chancellor announced the creation of a Science & Technology Venture Capital Fellowship - 'the Fellowship' to help produce the next generation of world-leading investors in the UK's renowned venture capital funds to support investment into the UK's most innovative high-growth companies. The Department for Science Innovation and Technology (DSIT) is now undertaking a market engagement activity to inform the design and delivery this pilot Fellowship. We will be delivering a presentation of the proposed structure for the Fellowship, seeking feedback on the content and delivery approach. Respondents are asked to indicate their level of interest in bidding to deliver the Fellowship.

Lot Information

Lot 1

The Department for Science, Innovation and Technology (DSIT) will be holding a pre-market engagement event on the 16th of January 2024 at 14:00. In this session we will outline the programme fellowship scheme in more detail, run a quick poll to those in attendance, and host a Q&A session towards the end of the event. Following this pre-market engagement we will ask interested attendees to provide further information in the form of a Request for Information ("RFI") in order for the Department to shape the programme prior to procurement launch. The event will be hosted via Microsoft teams and the joining details are below: https://teams.microsoft.com/l/meetup-join/19%3ameeting_NjliNTc4NzgtN2JlMy00NzU2LTk5MDMtOWY3ZGRhZmVhMzJh%40thread.v2/0?context=%7b%22Tid%22%3a%22cbac7005-02c1-43eb-b497-e6492d1b2dd8%22%2c%22Oid%22%3a%22fe09f2f9-f07c-455d-9223-a1b38a772f22%22%7d If you are not able to attend this event, but would still like to participate in the RFI exercise, please contact matthew.findlow@dsit.gov.uk or jack.millward@dsit.gov.uk for further details. The Department DSIT will not be accepting any RFI responses beyond the 26th January 2024.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042bdd
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000724-2024
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
Planning Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jan 20242 years ago
Submission Deadline
Not specified
Future Notice Date
1 Mar 2024Expired
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
DEPARTMENT FOR SCIENCE, INNOVATION & TECHNOLOGY
Contact Name
Not specified
Contact Email
jack.millward@beis.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
SW1H 0NB
Post Town
South West 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
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

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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