---
title: "Business Growth and Social Impact Investment Fund Management"
ocid: "ocds-h6vhtk-040cc4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-040cc4"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-040cc4.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-040cc4.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "CAMBRIDGESHIRE & PETERBOROUGH COMBINED AUTHORITY"
published: "2024-11-11"
---

# Business Growth and Social Impact Investment Fund Management

Buyer: CAMBRIDGESHIRE & PETERBOROUGH COMBINED AUTHORITY  
Current stage: Award  
OCID: ocds-h6vhtk-040cc4

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## Summary

The Cambridgeshire and Peterborough Combined Authority (CPCA) has completed the procurement process for the "Business Growth and Social Impact Investment Fund Management". This initiative, classified under the business services category, involves two contracts for the management of funding schemes aimed at supporting green-tech businesses and third-sector organisations. The procurement process, conducted through an open procedure, has resulted in the appointment of The FSE Group to manage Fund 1 and Allia Future Business Centre to manage Fund 2. The contracts were signed on 7th August 2024 and 13th September 2024, respectively, with Fund 1 receiving £356,010 and Fund 2 receiving £144,000. The funds will support investment for a period of up to ten years, with an initial three-year contract term and an optional extension of one year.

This tender presents significant opportunities for businesses operating in the green technology and third sector industries. High-growth potential businesses seeking equity or debt funding and third-sector organisations in need of grants or small loans can benefit from these funding schemes. Companies specialising in financial and insurance services, especially those with expertise in sustainable and social impact investments, are well-positioned to leverage these opportunities. The CPCA's initiative aims to foster economic growth and social impact, providing substantial support for business development and sustainability projects in the region.

## Notice

The Cambridgeshire and Peterborough Combined Authority (CPCA) is awarding two contracts to manage funding schemes, Fund 1 and Fund 2. The authority required delivery partners 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.

### Lot Information

Fund 1

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.

Renewal: 1 X 12 months extension is provided for.

Fund 2

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.

Renewal: 1x12 months extension

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/036506-2024 |
| 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 | 11 Nov 2024 |
| Submission deadline | 16 Nov 2023 |
| Future notice date | Not specified |
| Award date | 6 Aug 2024 |
| Contract period | 2 Jan 2024 - 2 Jan 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £500,000 |
| Lots value | £500,000 |
| Awards value | Not specified |
| Contracts value | £500,010 |

## Status

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

## 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 | TLH11 Peterborough |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | ALLIA FUTURE BUSINESS CENTRE; THE FSE GROUP |

## CPV Codes

### Divisions

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

### Codes

- 66000000 - Financial and insurance services
- 79000000 - Business services: law, marketing, consulting, recruitment, printing and security

## Release History

- 11 Nov 2024 at 22:16 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/036506-2024
- 17 Oct 2023 at 15:04 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/030643-2023

## Notice URLs

- https://cambridgeshirepeterborough-ca.gov.uk
- https://procontract.due-north.com/Advert/Index?advertId=2bf82d8d-f6d9-ed11-8121-005056b64545

## 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-040cc4. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-040cc4.json.