---
title: "Interim Evaluation of the Greater London Investment Fund"
ocid: "ocds-b5fd17-8a4032fb-2d66-47cd-ae36-4fb1717c1071"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-8a4032fb-2d66-47cd-ae36-4fb1717c1071"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-8a4032fb-2d66-47cd-ae36-4fb1717c1071.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-8a4032fb-2d66-47cd-ae36-4fb1717c1071.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "SME WHOLESALE FINANCE (LONDON) LIMITED"
published: "2022-06-07"
---

# Interim Evaluation of the Greater London Investment Fund

Buyer: SME WHOLESALE FINANCE (LONDON) LIMITED  
Current stage: Tender  
OCID: ocds-b5fd17-8a4032fb-2d66-47cd-ae36-4fb1717c1071

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## Summary

The SME Wholesale Finance (London) Limited, trading as Funding London, is currently seeking tenders for the "Interim Evaluation of the Greater London Investment Fund". This procurement falls under the Category of Market and Economic Research and is located in London, United Kingdom. The procurement stage is active, and the deadline for proposal submissions is set for 4pm on 17 June 2022. This is an open procurement process with a total contract value of £50,000, aimed at independent consultants with expertise in evaluating publicly backed investment funds. The contract period is expected to commence on 1 July 2022 and conclude by 31 October 2022.

This opportunity presents a significant chance for businesses in the consultancy services sector, particularly those with experience in market evaluations and investment fund assessments. Companies that can offer insight into economic research and have a track record in similar evaluations would be well-suited to compete for this contract. The interim evaluation will not only probe the effectiveness of the Greater London Investment Fund but also shape future investment strategies by assessing its relevance in the current economic climate, representing a valuable opportunity for enhancing business visibility and expanding services in the public sector.

## Notice

The Contracting Authority for this tender is SME Wholesale Finance (London) Limited (trading as Funding London). Funding London is seeking proposals from independent consultants to undertake an interim evaluation of the Greater London Investment Fund (www.glif.co). Funding London was established in 2004 by the then Mayor of London with the specific long-term mandate to support the Economic Development Strategy for London through its SME investment activities. Since its inception, Funding London has worked closely with the private sector partners to support London based SMEs caught in the finance gap, by providing them with loan and equity investment activities. This, in turn, delivers economic impact and financial returns for reinvestments. In 2019, Funding London established the Greater London Investment Fund (GLIF) in conjunction with the Greater London Authority, European Investment Bank and ReLondon. GLIF was set up with capital of PS100m to invest in London's high growth SMEs. It provides early-stage debt and equity finance to innovative London based SMEs seeking to scale-up and achieve their growth ambitions, but also to those aiming to achieve long-term sustainability. At the end of April 2022, it has invested PS44.5m in 101 businesses. GLIF has been operating since May 2019 and will continue until at least 2029; although its investment in new businesses will end after 31 December 2023. However, a condition of its funding is that an interim evaluation should be carried out to assess, among other things, progress and continued relevance. As such, Funding London is seeking proposals from independent consultants, with expertise in assessing publicly backed investment funds, to undertake this interim evaluation in accordance with the specifications detailed in the 'GLIF Interim Evaluation - ITT' document included at the attachment section. Please submit your proposal by 4pm on Friday 17 June 2022 to kenroy@fundinglondon.co.uk, with 'GLIF Interim Evaluation' as the subject. Details are set out in the 'GLIF Interim Evaluation - ITT' document, included at the attachment section, of what to include in your tender proposal document. However, if you have any questions about this tender, please send an email to kenroy@fundinglondon.co.uk no later than 8 June 2022.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/ff7c6d26-ad5b-4408-ba92-e05a21031201 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Jun 2022 |
| Submission deadline | 17 Jun 2022 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 30 Jun 2022 - 31 Oct 2022 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £50,000 |
| 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 | SME WHOLESALE FINANCE (LONDON) LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | WC2A 1LG |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | City of London |
| Electoral ward | Farringdon Without |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79300000 - Market and economic research; polling and statistics

## Release History

- 7 Jun 2022 at 09:52 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/ff7c6d26-ad5b-4408-ba92-e05a21031201
- 19 May 2022 at 13:15 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/ff7c6d26-ad5b-4408-ba92-e05a21031201

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/ff7c6d26-ad5b-4408-ba92-e05a21031201
  7th June 2022 - Opportunity notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/74dc8181-5a06-4d7e-86f6-c4a236587e5d
  This document provides details about the background, specification requirements and how to submit a proposal for this tender.
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/c3e8dafd-57bd-4a6e-b157-fb4205ba8894
  The document contains Funding London's replies to clarification questions received.

## Notice URLs

- http://www.fundinglondon.co.uk

## Provenance

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