Notice Information
Notice Title
Early Stage Investment Fund
Notice Description
*PIN ONLY* We are looking for a fund manager with experience in early-stage investments into Health & Life Science and Digital Tech companies across West Yorkshire. We expect our funds to be used to contribute between PS200k and PS500k to a pre-seed/early-seed deal, with the ability to bring in leverage, either via other private sector funds, or via public sector funds such as the Northern Powerhouse Investment Fund. The fund manager will work closely with our accelerator partner (Health Innovation Yorkshire & Humber) to secure deal flow. The fund manager will not be expected to make follow-on investments. Anticipated tender timings: We are aiming to go into delivery in Summer 2025 Anticipated contract length: It's envisaged that the first four years would be the investment period, followed by six years of portfolio management. Estimated budget: PS4M is confirmed currently, but we are looking to get the budget north of PS10M. This will be confirmed in due course.
Lot Information
Lot 1
*PIN ONLY* We are looking for a fund manager with experience in early-stage investments into Health & Life Science and Digital Tech companies across West Yorkshire. We expect our funds to be used to contribute between PS200k and PS500k to a pre-seed/early-seed deal, with the ability to bring in leverage, either via other private sector funds, or via public sector funds such as the Northern Powerhouse Investment Fund. The fund manager will work closely with our accelerator partner (Health Innovation Yorkshire & Humber) to secure deal flow. The fund manager will not be expected to make follow-on investments. Anticipated tender timings: We are aiming to go into delivery in Summer 2025 Anticipated contract length: It's envisaged that the first four years would be the investment period, followed by six years of portfolio management. Estimated budget: PS4M is confirmed currently, but we are looking to get the budget north of PS10M. This will be confirmed in due course.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-h6vhtk-04dc65
- Publication Source
- Find A Tender Service
- Latest Notice
- https://www.find-tender.service.gov.uk/Notice/004030-2025
- 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
66 - Financial and insurance services
72 - IT services: consulting, software development, Internet and support
73 - Research and development services and related consultancy services
85 - Health and social work services
-
- CPV Codes
66122000 - Corporate finance and venture capital services
72000000 - IT services: consulting, software development, Internet and support
73000000 - Research and development services and related consultancy services
85000000 - Health and social work services
Notice Value(s)
- Tender Value
- Not specified
- Lots Value
- Not specified
- Awards Value
- Not specified
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 6 Feb 20251 years ago
- Submission Deadline
- Not specified
- Future Notice Date
- 31 Aug 2025Expired
- 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
- WEST YORKSHIRE COMBINED AUTHORITY
- Contact Name
- Carla Shoesmith
- Contact Email
- carla.shoesmith@westyorks-ca.gov.uk
- Contact Phone
- Not specified
Buyer Location
- Locality
- LEEDS
- Postcode
- LS1 2DE
- Post Town
- Leeds
- Country
- England
-
- Major Region (ITL 1)
- TLE Yorkshire and The Humber
- Basic Region (ITL 2)
- TLE4 West Yorkshire
- Small Region (ITL 3)
- TLE42 Leeds
- Delivery Location
- TLE4 West Yorkshire
-
- Local Authority
- Leeds
- Electoral Ward
- Little London & Woodhouse
- Westminster Constituency
- Leeds Central and Headingley
Further Information
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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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