Planning

Science & Technology Venture Capital Fellowship

DEPARTMENT FOR SCIENCE, INNOVATION & TECHNOLOGY

This public procurement record has 1 release in its history.

Planning

10 Jan 2024 at 17:12

Summary of the contracting process

The Department for Science, Innovation & Technology is planning a tender for a Science & Technology Venture Capital Fellowship. This procurement falls under the education and training services category and involves a budget of £3,000,000. The Department will hold a pre-market engagement event on the 15th of January 2024, followed by a Request for Information exercise with a deadline of 26th January 2024. The tender communication indicates a future notice date of 1st March 2024.

This opportunity created by the Department for Science, Innovation & Technology is aimed at producing world-leading investors to support high-growth companies in the UK. Businesses involved in venture capital funding, education, and training services would be well-suited to compete in this tender. The procurement process is currently in the planning stage, providing interested parties with the chance to engage early and shape the programme before the official launch.

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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 15th 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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-042c2d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/000873-2024
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
10 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

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
N/A
Post Town
Not specified
Country
Not specified

Major Region (ITL 1)
Not specified
Basic Region (ITL 2)
Not specified
Small Region (ITL 3)
Not specified
Delivery Location
Not specified

Local Authority
Not specified
Electoral Ward
Not specified
Westminster Constituency
Not specified

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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