--- title: "Investor Ready Programme" ocid: "ocds-kuma6s-126120" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-126120" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-126120.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-126120.json" source: "Sell2Wales" current_stage: "Award" buyer: "LLYWODRAETH CYMRU / WELSH GOVERNMENT" published: "2022-11-01" --- # Investor Ready Programme Buyer: LLYWODRAETH CYMRU / WELSH GOVERNMENT Current stage: Award OCID: ocds-kuma6s-126120 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-126120) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-126120.json) ## Summary The Welsh Government is awarding a 3 year contract for the Investor Ready Programme, aimed at offering financial expertise to Welsh Food & Drink businesses for sustainable growth. The procurement was awarded to Bic Innovation with a value of £896,225. The programme focuses on financial review, management information improvement, exit strategy, investment selection guidance, due diligence, capital investment project proposals, and rapid intervention for businesses in difficulty. The contract was signed on 1st November 2022. The Investor Ready Programme tender by the Welsh Government creates opportunities for business growth, especially for consultancy firms specialised in business analysis and management consultancy services. Businesses interested in supporting Welsh Food & Drink companies in financial strategy and investment decisions would be well-suited to compete for this contract. The programme aims to enable supported businesses to make informed sustainable growth decisions and secure investments through tailored financial advice and support. ## Notice The client is awarding a 3 year contract for the Welsh Government's Investor Programmes. The key objective of the Investor Ready programme is to offer accessible and tailored financial expertise and experience to Welsh Food & Drink businesses. The programme aims are to support Welsh Food & Drink businesses in developing robust financials (including financial models to support business strategy, management information systems and range of other financial and commercial advice), enabling those businesses to obtain investment and take informed sustainable business growth decisions. The Investor Ready programme does not replace any statutory financial duties of the supported businessesThe key delivery areas of the Investor Ready Programme will be -- Financial Review - assessing the company's current financial position through the eyes of a would-be investor;- Management Information Improvement - ensuring that the internal information systems are fit for purpose, provide management with a sound basis for decision making and give confidence to would be investors that the company has good financial controls;- Exit Strategy - advising the companies of their options and strategy in successfully transferring the business to new hands;- Investment Selection Guidance - this is reserved for the businesses having immediate and significant investment requirements and involves specialist investment advisers.- Due diligence - review of WG grant award businesses prior to first Claim- Capital Investment project proposals - detailed financial and operational support for projects seeking government and commercial support; development assistance for proposal documents with sign-off to accompany applications for support- Rapid Task Force intervention for businesses in difficulty following referral from Welsh Government Food Division- Referral and support to other Welsh Government Food Division programmes ## Key Details | Field | Value | | --- | --- | | Publication source | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=126120 | | Notice type | S2W Notice - Website Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Not Specified | | Procurement method details | Not specified | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Award | ## Dates | Field | Value | | --- | --- | | Publication date | 1 Nov 2022 | | Submission deadline | Not specified | | Future notice date | Not specified | | Award date | 1 Nov 2022 | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | £896,225 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Not specified | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Active | ## Buyer | Field | Value | | --- | --- | | Main buyer | LLYWODRAETH CYMRU / WELSH GOVERNMENT | | Locality | CAERDYDD / CARDIFF | | Post town | Cardiff | | Postcode | CF10 3NQ | | Country | Wales | | ITL 1 | TLL Wales | | ITL 2 | TLL5 South East Wales | | ITL 3 | TLL52 Cardiff and Vale of Glamorgan | | Local authority | Cardiff | | Electoral ward | Cathays | | Westminster constituency | Cardiff South and Penarth | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | BIC INNOVATION | ## CPV Codes ### Divisions - 72 - IT services: consulting, software development, Internet and support - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 72221000 - Business analysis consultancy services - 79410000 - Business and management consultancy services ## Release History - 1 Nov 2022 at 10:00 - Award - S2W Notice - Website Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=126120 ## Notice URLs - http://gov.wales - https://www.bic-innovation.com ## 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-kuma6s-126120. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-126120.json.