---
title: "Equity Fund Feasibility Study"
ocid: "ocds-h6vhtk-07905d"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-07905d"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-07905d.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-07905d.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "West Yorkshire Combined Authority"
published: "2026-10-26"
---

# Equity Fund Feasibility Study

Buyer: West Yorkshire Combined Authority  
Current stage: Award  
OCID: ocds-h6vhtk-07905d

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## Summary

West Yorkshire Combined Authority commissioned a research consultancy study into whether a cross-regional venture capital fund could be established for the South, West, and York and North Yorkshire Mayoral Strategic Authorities. The proposed fund would provide finance to early-stage businesses to support innovation and growth. The work is to assess the feasibility of the fund and report its findings; it is consultancy and research rather than the provision of investment capital. Delivery is in the West Yorkshire region. The study concerns a joint strategic authority initiative, with West Yorkshire Combined Authority acting as the buyer.

The procurement is complete and the contract has been awarded to Metro Dynamics Limited. The buyer used a limited competition below the applicable threshold. The award is for one lot; no evaluation criteria are stated in the published procurement details. The contract was signed on 1 October 2026 and runs from 2 October 2026 to 22 January 2027. Its stated value is £49,948 excluding VAT, or £59,937 including VAT. The award is recorded as active, and the contract is also active.

For a future study of this requirement, credible suppliers would need to demonstrate research consultancy capability in assessing the feasibility of a cross-regional venture capital fund, including its potential role in financing early-stage businesses and supporting innovation and growth. The work calls for an understanding of the South, West, and York and North Yorkshire Mayoral Strategic Authorities and the ability to produce a report relevant to their shared strategic aims. Metro Dynamics Limited, an SME, was selected through a limited competition, showing that a specialist consultancy was able to deliver the requirement at a relatively contained scale. Relevant experience would include public-sector strategy and investment research, with the capacity to work across multiple regional authorities and turn analysis into a clear feasibility assessment.

## Notice

The South, West, and York and North Yorkshire Mayoral Strategic Authorities (MSAs) are looking to commission a report into the feasibility of establishing a cross-regional venture capital fund to support early-stage businesses with finance to enable innovation and growth.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/101128-2026 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Below threshold - limited competition |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 26 Oct 2026 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 2 Oct 2026 - 22 Jan 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £49,948 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | West Yorkshire Combined Authority |
| Locality | LEEDS |
| Postcode area | 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 | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | Metro Dynamics |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services

### Codes

- 73210000 - Research consultancy services

## Release History

- 26 Oct 2026 at 15:11 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/101128-2026

## Documents

- https://www.find-tender.service.gov.uk/Notice/101128-2026
  26th October 2026 - Contract details notice on Find a Tender

## Notice URLs

- https://www.legislation.gov.uk/ukpga/2023/54/contents
- 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-07905d. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-07905d.json.