--- title: "Business Growth and Social Impact Investment Fund Management" ocid: "ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4.json" source: "Contracts Finder" current_stage: "Tender" buyer: "CAMBRIDGESHIRE & PETERBOROUGH COMBINED AUTHORITY" published: "2023-10-17" --- # Business Growth and Social Impact Investment Fund Management Buyer: CAMBRIDGESHIRE & PETERBOROUGH COMBINED AUTHORITY Current stage: Tender OCID: ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4.json) ## Summary The Cambridgeshire and Peterborough Combined Authority is currently running a tender titled "Business Growth and Social Impact Investment Fund Management" within the business services industry category. The procurement stage is at the tender phase with a deadline for submissions on November 16, 2023. The tender aims to award contracts to manage two funding schemes (Fund 1 and Fund 2) for a term of 3 years with a possible one-year extension. Fund 1 targets high-growth potential businesses in green-tech sectors, offering equity investments and loans of £100,000 to £500,000. Fund 2 focuses on providing grants or loans to third-sector businesses with amounts below £75,000. This procurement opportunity by the Cambridgeshire and Peterborough Combined Authority is open to small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations. Businesses specialising in finance, consultancy, or sustainability initiatives may find this tender particularly suitable for their expertise. The contract period will span from January 2, 2024, to January 2, 2027, presenting a long-term opportunity for growth and collaboration for businesses interested in engaging with socially impactful projects within the region. ## Notice The Cambridgeshire and Peterborough Combined Authority (CPCA) is seeking to award two contracts to manage their funding schemes, Fund 1 and Fund 2. The authority requires a delivery partner(s) to manage both funds under two separate contracts. The term of the contracts will be 3 years plus an optional further year's extension. The fund's lifetime will be 10 years, with 3-4 years of investment and 6-7 years of realisation. This includes an annual review of the programme after the completion of the contract. The advice retainer will mirror this arrangement in terms of being available to the CPCA for a 10-year period. The funding schemes are: Fund 1 is a growth fund aimed at providing equity or debt funding to high-growth potential businesses that do not have access to funding from other sources. The priority sector will be green-tech businesses, plus businesses that want to invest in reducing their carbon emissions with equity investment and loans of PS100,000-PS500,000 to support business growth. Fund 2: a fund aimed at providing grants or loans to third-sector businesses that do not have access to funding from other sources. This will consist of smaller loans or grants of less than PS75,000 to support third-sector businesses and organisations. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/7d94f8cf-a784-4a16-a853-89ba0b3c4bee | | 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 | 17 Oct 2023 | | Submission deadline | 16 Nov 2023 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 2 Jan 2024 - 2 Jan 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £500,000 | | 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 & PETERBOROUGH COMBINED AUTHORITY | | Locality | HUNTINGDON | | Post town | Peterborough | | Postcode | PE29 3TN | | Country | England | | ITL 1 | TLH East (England) | | ITL 2 | TLH4 Cambridgeshire and Peterborough | | ITL 3 | TLH42 Cambridgeshire CC | | Local authority | Huntingdonshire | | Electoral ward | Huntingdon North | | Westminster constituency | Huntingdon | | Delivery location | Not specified | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79000000 - Business services: law, marketing, consulting, recruitment, printing and security ## Release History - 17 Oct 2023 at 15:03 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/7d94f8cf-a784-4a16-a853-89ba0b3c4bee ## Documents - https://www.contractsfinder.service.gov.uk/Notice/7d94f8cf-a784-4a16-a853-89ba0b3c4bee 17th October 2023 - Opportunity notice on Contracts Finder - https://procontract.due-north.com/Advert?advertId=2bf82d8d-f6d9-ed11-8121-005056b64545 Advert ## Notice URLs - https://cambridgeshirepeterborough-ca.gov.uk ## 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-d84c6006-070e-4af6-84a2-81701fbbfce4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-d84c6006-070e-4af6-84a2-81701fbbfce4.json.