--- title: "DR5181 Action for New Enterprise - Grant Scheme" ocid: "ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a.json" source: "Contracts Finder" current_stage: "Tender" buyer: "LONDON BOROUGH OF TOWER HAMLETS" published: "2017-02-09" --- # DR5181 Action for New Enterprise - Grant Scheme Buyer: LONDON BOROUGH OF TOWER HAMLETS Current stage: Tender OCID: ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a.json) ## Summary The London Borough of Tower Hamlets is seeking to appoint an experienced organisation for the management and implementation of the "DR5181 Action for New Enterprise - Grant Scheme". This initiative, falling under the administration, defence, and social security services industry category, is set to create grant support for at least 300 new entrepreneurs who are residents of Tower Hamlets. The procurement is currently in the tender stage, with a deadline for submissions on 6 March 2017. The anticipated contract start date is 27 March 2017, and the estimated total contract value is £100,000 over a 24-month period. This tender presents valuable opportunities for businesses focused on support and consultancy services for new entrepreneurs. Organisations specialising in management consultancy, social work, and community services will find particularly relevant prospects for participation. With a grant provision of up to £5,000 per successful applicant, businesses that can effectively assist with the training and development of entrepreneurs can significantly benefit from this initiative, while also contributing to economic development within the local community. ## Notice The London Borough of Tower Hamlets are seeking to appoint an experienced organisation for the management and implementation of a scheme (Contract Two: Action for New Enterprise: New Entrepreneurs Grant Initiative) to give grant support to new entrepreneurs. (Please note the funding for this contract is already in place). Action for New Enterprise Grant Scheme is the second part of a two part project contract. The First part (Contract One: Action for New Enterprise; New Entrepreneur Training Initiative) which provides a structured enterprise training programme for Tower Hamlets Residents was successfully awarded in August 2016, To London Small Business Centre following the London Borough of Tower Hamlets Procurement process. This procurement exercise relates only to Contract Two, The New Entrepreneur Grants Initiative. This grant provision project will be for a minimum of 300 individuals who are bona fide residents of the London Borough of Tower Hamlets and who would have successfully completed the training as provided within Contract One. Main objective of the project: The main aim of the Action for New Enterprise project, which consists of activities delivered under both Contract One (The New Entrepreneur Training Initiative) and Contract Two (The New Entrepreneur Grants Initiative, is to create an opportunity for people and organisations located in Tower Hamlets to develop an entrepreneurial capacity which will lead them to business success. Achieving this objective will create employment and economic prosperity in the borough. This will be brought about by equipping new entrepreneurs with the necessary skills, experience and opportunities for successful business ventures. Whilst activities under Contract One will develop the entrepreneurs' business ideas, under Contract Two the enterprises created will be provided with grant funding - up to PS5,000 in each case - to support the development, growth and sustainability of the business. Such grant funding will only be allocated in each case following rigorous checks relating to the prospective recipient, and a full assessment of the viability of the business activities proposed. It will be a pre-condition of grant funding under Contract Two that the prospective recipient will have previously have received the training provided under Contract One. The assessment of prospective grant recipients under Contract Two will provide an incentive for them to receive training under Contract One. The anticipated contract start date is: Monday, 27 March 2017 The estimated value of the contract is: Up to PS100,000 Total Cost For a period of: 24 Months ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6ebbde05-969a-4393-a31d-016478e46eae | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 9 Feb 2017 | | Submission deadline | 6 Mar 2017 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 26 Mar 2017 - 26 Mar 2019 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £100,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | LONDON BOROUGH OF TOWER HAMLETS | | Locality | LONDON | | Post town | East London | | Postcode | E14 2BG | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI4 Inner London - East | | ITL 3 | TLI42 Tower Hamlets | | Local authority | Tower Hamlets | | Electoral ward | Poplar | | Westminster constituency | Poplar and Limehouse | | Delivery location | TLI London | ## CPV Codes ### Divisions - 75 - Administration, defence and social security services - 79 - Business services: law, marketing, consulting, recruitment, printing and security - 85 - Health and social work services - 98 - Other community, social and personal services ### Codes - 75000000 - Administration, defence and social security services - 79400000 - Business and management consultancy and related services - 85300000 - Social work and related services - 98000000 - Other community, social and personal services ## Release History - 9 Feb 2017 at 14:09 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/6ebbde05-969a-4393-a31d-016478e46eae ## Documents - https://www.contractsfinder.service.gov.uk/Notice/6ebbde05-969a-4393-a31d-016478e46eae 9th February 2017 - Opportunity notice on Contracts Finder ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-58acc07c-d8c0-4cb3-a00f-cf819259de6a.json.