--- title: "Establishing the Betaden Commercial Model and Proposition to Raise Private Sector Funding and Investment" ocid: "ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef.json" source: "Contracts Finder" current_stage: "Tender" buyer: "WORCESTERSHIRE COUNTY COUNCIL" published: "2020-12-03" --- # Establishing the Betaden Commercial Model and Proposition to Raise Private Sector Funding and Investment Buyer: WORCESTERSHIRE COUNTY COUNCIL Current stage: Tender OCID: ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef.json) ## Summary The current tender, titled "Establishing the Betaden Commercial Model and Proposition to Raise Private Sector Funding and Investment," is being issued by Worcestershire County Council. This procurement falls under the financial and insurance services industry category, located in Worcester, United Kingdom. The tendering process is at the active stage and will close on 8th January 2021, with the contract period anticipated to start on 25th January 2021 and extend until 31st December 2022. This open procedure aims to transition to a dual public/private funded model by 2025. This opportunity presents a unique avenue for businesses keen to engage in technology consultancy and support services, especially those specialising in financial planning, investment advisory, and related business services. Companies with expertise in Industry 4.0, IoT, and Cyber Security would find this tender particularly beneficial as it aligns with Worcestershire's ambition to enhance its technology ecosystem. Small and medium-sized enterprises (SMEs) are encouraged to participate, given their suitability for this procurement, allowing them to potentially form strategic partnerships and secure significant funding to bolster their growth. ## Notice BetaDen is Worcestershire's only dedicated technology accelerator. Supported by Worcestershire Local Enterprise Partnership (WLEP) and launched in September 2018, it has delivered two pilot cohorts of 6-8 technology-based entrepreneurs with the final pilot, Cohort 3.0, scheduled to complete at the end of February 2021. To date, the Betaden offer to cohorts has been a nine-month programme, valued up to c.PS50k, providing specialist mentoring, business coaching, funding and premises, located at Malvern Hills Science Park (MHSP). The Betaden offices are co-located with Worcestershire's 5G Testbed consortium project. This dovetails strategically with the key technological areas upon which Worcestershire's economic growth will increasingly depend; namely Industry 4.0; Edge computing; Internet of Things (IoT); and Cyber Security. Betaden's ambition is to be the catalyst for an expanding Worcestershire technology and innovation ecosystem, leveraging its growing reputation to raise private finance; attract valuable industry partnerships; licence its brand; and expand its physical presence to new locations, both within Worcestershire and beyond. The key business plan objective is to become a 50/50 public/private funded entity by 2025, through a transition process away from reliance on public funding towards commercial partnerships, private investment, and grant funding on a national basis. If you wish to view the documents for this opportunity please click 'Express Interest'. Following this, if you wish to apply for this opportunity please click 'Opt in' which will then enable you to view and complete the Standard Questionnaire and upload the relevant documents. After uploading all required documents and completing the questionnaire(s) please remember to press the 'Submit your Return' button at the bottom of the page. Suppliers will receive a system generated email to confirm successful submission of their return. Any questions or clarification should be conducted via 'Correspondence' through this portal. Additional information: Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/83ccc9c4-a728-4542-9f4d-4e64396dbed0 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 3 Dec 2020 | | Submission deadline | 8 Jan 2021 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 25 Jan 2021 - 31 Dec 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | 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 | WORCESTERSHIRE COUNTY COUNCIL | | Locality | WORCESTERSHIRE | | Post town | Worcester | | Postcode | WR5 2NP | | Country | England | | ITL 1 | TLG West Midlands (England) | | ITL 2 | TLG1 Herefordshire, Worcestershire and Warwickshire | | ITL 3 | TLG12 Worcestershire CC | | Local authority | Worcester | | Electoral ward | Nunnery | | Westminster constituency | Worcester | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66000000 - Financial and insurance services - 66100000 - Banking and investment services - 79000000 - Business services: law, marketing, consulting, recruitment, printing and security ## Release History - 3 Dec 2020 at 08:51 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/83ccc9c4-a728-4542-9f4d-4e64396dbed0 - 3 Dec 2020 at 08:50 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/83ccc9c4-a728-4542-9f4d-4e64396dbed0 - 2 Dec 2020 at 13:20 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/83ccc9c4-a728-4542-9f4d-4e64396dbed0 - 2 Dec 2020 at 13:20 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/83ccc9c4-a728-4542-9f4d-4e64396dbed0 - 2 Dec 2020 at 13:20 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/83ccc9c4-a728-4542-9f4d-4e64396dbed0 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/83ccc9c4-a728-4542-9f4d-4e64396dbed0 3rd December 2020 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/worcestershire/aspx/ Additional information on how to apply for this contract ## 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-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c62cdefe-c8b2-4ff6-95b4-414a5e01d1ef.json.