---
title: "West Yorkshire Business Accelerator Fund Manager"
ocid: "ocds-h6vhtk-02b79b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02b79b"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02b79b.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02b79b.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "WEST YORKSHIRE COMBINED AUTHORITY"
published: "2021-06-02"
---

# West Yorkshire Business Accelerator Fund Manager

Buyer: WEST YORKSHIRE COMBINED AUTHORITY  
Current stage: Tender  
OCID: ocds-h6vhtk-02b79b

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02b79b.json)

## Summary

The West Yorkshire Combined Authority is seeking a Fund Manager for the West Yorkshire Business Accelerator Fund, designed to provide additional funding for high-growth SMEs. This active tender falls under the "Banking and investment services" category, with a total value of £20 million. The procurement process is currently in the Tender stage, with submissions due by 10:00 on 2nd July 2021. The contract period is expected to last for 12 years, allowing for multiple extensions, and will be delivered in the Leeds region.

This tender presents significant opportunities for businesses specialising in fund management, investment services, and economic development. Companies with experience in managing commercial investment funds are particularly well-suited to compete for this contract, as it aims to drive inclusive growth and green initiatives in the region. The need for applicants with expertise in supporting high-growth SMEs aligns with the goals of the West Yorkshire Combined Authority, offering a promising chance for relevant businesses to expand their reach and impact.

## Notice

The Combined Authority has identified a need for additional regional funding for high growth SME's. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced PS20m (total) to establish a new commercial investment fund - the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf.

### Lot Information

Lot 1

The Combined Authority has identified a need for additional regional funding for high growth SME's. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced PS20m (total) to establish a new commercial investment fund - the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf.

Options: The contract structure period is 5+5+1+1. There are 3 options to extend.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/012329-2021 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Jun 2021 |
| Submission deadline | 2 Jul 2021 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £20,000,000 |
| Lots value | £20,000,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WEST YORKSHIRE COMBINED AUTHORITY |
| Locality | LEEDS |
| Post town | Leeds |
| Postcode | LS1 2DE |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE4 West Yorkshire |
| ITL 3 | TLE42 Leeds |
| Local authority | Leeds |
| Electoral ward | Little London & Woodhouse |
| Westminster constituency | Leeds Central and Headingley |
| Delivery location | TLE4 West Yorkshire |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 2 Jun 2021 at 14:05 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/012329-2021

## Notice URLs

- https://in-tendhost.co.uk/westyorkshireca/aspx/Home
- https://www.westyorks-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-h6vhtk-02b79b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02b79b.json.