--- title: "SME Holding Fund - procurement of Fund Managers (Delivery Agents)" ocid: "ocds-r6ebe6-0000529456" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000529456" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000529456.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000529456.json" source: "Public Contracts Scotland" current_stage: "Planning" buyer: "SCOTTISH GOVERNMENT" published: "2018-02-13" --- # SME Holding Fund - procurement of Fund Managers (Delivery Agents) Buyer: SCOTTISH GOVERNMENT Current stage: Planning OCID: ocds-r6ebe6-0000529456 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000529456) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000529456.json) ## Summary The Scottish Government is planning to procure Fund Managers (Delivery Agents) for the SME Holding Fund, which focuses on providing financial support to Small and Medium-sized Enterprises (SMEs) with growth and export potential. This procurement process is currently in the Planning stage and includes several funding categories: microfinance (loans up to £25,000), debt (loans ranging from £25,000 to £1 million), and equity (investment up to £2 million per SME, with a maximum deal ceiling of £10 million). Interested parties should note that an Open Day is scheduled for 11th April 2018, and registration is required by 4th April 2018 for attendance at the event taking place in Glasgow. The allocation for successful bidders is estimated at £75 million to £105 million, for investment over a three-year period starting from August 2018. This tender presents significant opportunities for financial institutions and funds focused on microfinance, debt provision, and equity investment to connect with the SME sector in Scotland. Businesses with expertise in managing investment portfolios, particularly those experienced in working with small and medium enterprises that are focused on growth, would be well-suited to compete in this procurement. By engaging with the Scottish Government, successful bidders will not only gain access to substantial funding but also contribute to the growth of SMEs, making a positive impact on the local economy. ## Notice The SME Holding Fund is a Fund-of-Funds managed by Scottish Government which invests in microfinance, debt and early stage equity funds which further invest in Small and Medium-sized Enterprises (see European Commission definition at: http://ec.europa.eu/growth/smes/business-friendly-environment/sme-definition_en) with growth and/or export potential. The SME Holding Fund is part-financed by the European Regional Development Fund from the 2014-2020 European Structural Funds Programmes in Scotland. There will be an Open Day for this requirement on Wednesday 11th April 2018, the details of which are included below and the invitation form is included within additional documents as part of this PIN Notice. Please contact Paul Packett at paul.packett@gov.scot by 4th April 2018 should you wish to attend. Open Day is booked for 11th April 2018, 12.30-15.00 at Scottish Government 5 Atlantic Quay 150 Broomielaw GLASGOW G2 8LU ### Lot Information microfinance We intend to appoint envisage one Delivery Agent in the microfinance lot, managing a microfinance fund on our behalf lending up to 25,000 to businesses employing less than 10 staff; equity We intend to appoint 2 Delivery Agents in the equity lot who will manage funds which provide equity finance to SMEs with high growth potential, investing equity finance in amounts of up to 2 million and within a maximum deal ceiling of 10 million debt We intend to appoint 2 Delivery Agents in the debt lot, one managing a fund which provides loans in the range 25,000 GBP - 100,000 GBP to SMEs and the other managing a fund which provides loans in the range 100,000 to 1 million GBP to SMEs ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB310129 | | Notice type | OJEU - F1 - Prior Information 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 | Planning | ## Dates | Field | Value | | --- | --- | | Publication date | 13 Feb 2018 | | Submission deadline | Not specified | | Future notice date | 2 Jul 2018 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | Not specified | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Planned | | Lots status | Planned | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | SCOTTISH GOVERNMENT | | Locality | EDINBURGH | | Post town | Edinburgh | | Postcode | EH6 6QQ | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM1 East Central Scotland | | ITL 3 | TLM13 City of Edinburgh | | Local authority | City of Edinburgh | | Electoral ward | Leith | | Westminster constituency | Edinburgh North and Leith | | Delivery location | TLM Scotland | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66171000 - Financial consultancy services - 79412000 - Financial management consultancy services ## Release History - 13 Feb 2018 at 00:00 - Planning - OJEU - F1 - Prior Information Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB310129 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=FEB310129&idx=1 14th February 2018 - Open Day Registration Form - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=FEB310129 SME Holding Fund - procurement of Fund Managers (Delivery Agents) - The SME Holding Fund is a Fund-of-Funds managed by Scottish Government which invests in microfinance, debt and early stage equity funds which further invest in Small and Medium-sized Enterprises (see European Commission definition at: http://ec.europa.eu/growth/smes/business-friendly-environment/sme-definition_en) with growth and/or export potential. The SME Holding Fund is part-financed by the European Regional Development Fund from the 2014-2020 European Structural Funds Programmes in Scotland. There will be an Open Day for this requirement on Wednesday 11th April 2018, the details of which are included below and the invitation form is included within additional documents as part of this PIN Notice. Please contact Paul Packett at paul.packett@gov.scot by 4th April 2018 should you wish to attend. Open Day is booked for 11th April 2018, 12.30-15.00 at Scottish Government 5 Atlantic Quay 150 Broomielaw GLASGOW G2 8LU ## Notice URLs - http:// - http://ec.europa.eu/growth/smes/business-friendly-environment/sme-definition_en - http://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=529456 - http://www.scotland.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000529456 ## 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-r6ebe6-0000529456. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000529456.json.