---
title: "Growth Service for Businesses in Cambridgeshire & Peterborough"
ocid: "ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "CAMBRIDGESHIRE AND PETERBOROUGH BUSINESS GROWTH COMPANY"
published: "2020-05-05"
---

# Growth Service for Businesses in Cambridgeshire & Peterborough

Buyer: CAMBRIDGESHIRE AND PETERBOROUGH BUSINESS GROWTH COMPANY  
Current stage: Tender  
OCID: ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483.json)

## Summary

The procurement process involves the Cambridgeshire and Peterborough Business Growth Company, who is seeking to appoint a contractor for the "Growth Service for Businesses in Cambridgeshire & Peterborough." This initiative, which falls under the financial and insurance services industry, aims to enhance local economic growth through various supported services. The procurement is currently in the tender stage, with a deadline for submission set for 22nd May 2020. The total contract value is estimated at £80 million, with a minimum contract value of £32 million. The anticipated contract period will start on 3rd August 2020 and will run until 2nd August 2023, covering the East of England region in the United Kingdom.

This tender presents significant opportunities for businesses aiming to expand their footprint in the region. Companies specialising in grant administration, economic development, and consultancy are particularly well-suited to compete, given that the successful bidder will implement services including inclusive growth, inward investment, and skills brokerage. Furthermore, the focus on collaboration with small firms through capital growth or innovation grants opens doors for businesses that can offer expertise in research and development funding, planning, and infrastructure development to enhance local economic resilience in the face of ongoing commercial challenges.

## Notice

This Procurement is to appoint an Organisation to administer - A capital Growth Investment Fund of grants and equity investments, as well as an Innovation & Relocation Grant The contract is to appoint a single company or prime contractor/ consortia type arrangement to support the CPCA in delivering the Local Industrial Strategy by way of four specific areas of growth. These include: An Inclusive Growth Service, to engage our highest potential growth firms to better support them to accelerate their growth, increase their capacity and capability for growth, sustain their period within growth, or all three. An Inward Investment Service, to extend our reach into key global markets, to engage and persuade overseas firms to locate into our economy or invest in our strategic projects to increase our employment space, develop our transport infrastructure or establish a new university. A Skills Service, to provide an effective brokerage between young talent and those retraining or progressing in a career, our employers and our skills providers, to improve the supply of skills to enable growth. A Capital Growth or Innovation & Re-Location Grant to co-invest with small firms in the cost of contracting experts to help either through PS50k grants or equity investments; - to provide access to R&D funding from UK and EU agencies for new product growth and increased productivity - to provide access to fast-track planning, partners and investment for new build employment space These service will be delivered in each of our three sub-economies in a tailored manner to better spread growth more evenly across our total economy.This revised notice is to highlight a number of significant changes. CHANGES SINCE THE PREVIOUS NOTICE The CPCA is procuring this contract on behalf of the Cambridgeshire and Peterborough Business Growth Company (CPBGC) who a wholly own subsidiary of the CPCA, established for the sole purpose of delivering this contract. The CPCA will act as agent for the CPBGC and will provide the support services for both the procurement and delivery of the resultant contract. In addition, the Procurement has been extended in time to address the current commercial challenges surrounding the COVID-19 Pandemic. Finally, the specification has been extended to include the flexibility to respond to both the current economic situation and any future, unknown business challenges the local businesses may face in the future.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/f6bad65f-359e-4d5f-962e-ea61fad4a3b5 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Negotiated procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 May 2020 |
| Submission deadline | 22 May 2020 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 2 Aug 2020 - 2 Aug 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,000,000 |
| 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 | CAMBRIDGESHIRE AND PETERBOROUGH BUSINESS GROWTH COMPANY |
| Additional buyers | CAMBRIDGESHIRE DISTRICT COUNCILS |
| Locality | CAMBRIDGE |
| Post town | Cambridge |
| Postcode | CB2 3QJ |
| Country | England |
| ITL 1 | TLH East (England) |
| ITL 2 | TLH4 Cambridgeshire and Peterborough |
| ITL 3 | TLH42 Cambridgeshire CC |
| Local authority | Huntingdonshire |
| Electoral ward | The Stukeleys |
| Westminster constituency | Huntingdon |
| Delivery location | Not specified |

## CPV Codes

### Divisions

- 66 - Financial and insurance services
- 80 - Education and training services

### Codes

- 66000000 - Financial and insurance services
- 80000000 - Education and training services

## Release History

- 5 May 2020 at 11:26 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f6bad65f-359e-4d5f-962e-ea61fad4a3b5
- 7 Apr 2020 at 12:07 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/f4a3afdc-c8fd-4d7e-bed4-4f4591d561da
- 5 Mar 2020 at 13:11 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/646520ff-a1d3-4707-a047-9e84b35efb28
- 11 Feb 2020 at 18:25 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/95e3adc6-9737-4d77-b7bf-ef3f16e02c9c

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/f6bad65f-359e-4d5f-962e-ea61fad4a3b5
  5th May 2020 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/f4a3afdc-c8fd-4d7e-bed4-4f4591d561da
  7th April 2020 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/646520ff-a1d3-4707-a047-9e84b35efb28
  5th March 2020 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/95e3adc6-9737-4d77-b7bf-ef3f16e02c9c
  11th February 2020 - Opportunity notice on Contracts Finder
- https://procontract.due-north.com/Procurer/Advert/View?advertId=bccc06fa-1e45-ea11-80ff-005056b64545&fromAdvertEvent=True
  Due North Advert
- https://procontract.due-north.com/Advert?advertId=bccc06fa-1e45-ea11-80ff-005056b64545
  Advert

## 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-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-736c1dd6-5269-4533-b9cb-19c0a7249483.json.