---
title: "UKSPF Business Support Investment Readiness Programme"
ocid: "ocds-h6vhtk-03a490"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03a490"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-03a490.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-03a490.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WEST MIDLANDS COMBINED AUTHORITY"
published: "2023-09-15"
---

# UKSPF Business Support Investment Readiness Programme

Buyer: WEST MIDLANDS COMBINED AUTHORITY  
Current stage: Award  
OCID: ocds-h6vhtk-03a490

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-03a490)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-03a490.json)

## Summary

The West Midlands Combined Authority has completed the UKSPF Business Support Investment Readiness Programme. The programme aimed to address finance-related weaknesses in SMEs by providing equity and debt finance in various regions like Birmingham & Solihull, Black Country, and Coventry. The programme included opportunities for suppliers to bid on providing financial consultancy services, with key dates and deadlines throughout the tender process.

This tender presents opportunities for businesses in the financial consultancy services sector to compete for contracts in the West Midlands region. Companies specialising in equity and debt finance, as well as business support services, would be well-suited to engage with the West Midlands Combined Authority. The procurement process has reached the award stage, with active suppliers participating in the delivery of the Investment Readiness Programme to support SME growth and scale-up plans in the region.

## Notice

The West Midlands (WM) Investment Readiness programme aims to address demand-side weaknesses in Small to Medium Enterprises (SME) access to external finance in the West Midlands. They are usually focused on equity finance (i.e. raising capital in exchange for an ownership share), but local programmes in England have also covered debt finance (e.g. applying for bank loans). The WM Investment Readiness Programme will include both equity and debt finance which will support the growth and scale up plans of the WM SMEs.

### Lot Information

Birmingham & Solihull

Birmingham & Solihull

Options: 3 x 1 year options

Black Country (Dudley, Sandwell, Walsall & Wolverhampton)

Black Country

Options: 3 x 1 year options

Coventry

Coventry

Options: 3 x 1 year options

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/027414-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Sep 2023 |
| Submission deadline | 13 Mar 2023 |
| Future notice date | Not specified |
| Award date | 13 Mar 2023 |
| Contract period | 30 Apr 2023 - 31 Mar 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,200,000 |
| Lots value | £2,200,000 |
| Awards value | Not specified |
| Contracts value | £2,200,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WEST MIDLANDS COMBINED AUTHORITY |
| Locality | BIRMINGHAM |
| Post town | Birmingham |
| Postcode | B19 3SD |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG31 Birmingham |
| Local authority | Birmingham |
| Electoral ward | Newtown |
| Westminster constituency | Birmingham Ladywood |
| Delivery location | TLG31 Birmingham, TLG32 Solihull, TLG33 Coventry, TLG36 Dudley, TLG37 Sandwell, TLG38 Walsall, TLG39 Wolverhampton |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | GROWTH HUB BUSINESS SOLUTIONS; OXFORD INNOVATION SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 15 Sep 2023 at 16:15 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/027414-2023
- 10 Feb 2023 at 09:21 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/004117-2023

## Notice URLs

- https://wmca.bravosolution.co.uk/go/5171259101863A9F49BB
- https://www.wmca.org.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-03a490. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-03a490.json.