--- title: "Fund Management Services for the Scottish Government as part of the Scottish Growth Scheme" ocid: "ocds-r6ebe6-0000543888" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000543888" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000543888.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000543888.json" source: "Public Contracts Scotland" current_stage: "Tender" buyer: "SCOTTISH GOVERNMENT" published: "2018-06-06" --- # Fund Management Services for the Scottish Government as part of the Scottish Growth Scheme Buyer: SCOTTISH GOVERNMENT Current stage: Tender OCID: ocds-r6ebe6-0000543888 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000543888) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000543888.json) ## Summary The Scottish Government is currently conducting a tender for "Fund Management Services as part of the Scottish Growth Scheme," aimed at appointing fund managers to oversee microfinance, debt, and equity fund management services for the SME Holding Fund. This procurement falls under the services category and is located in Glasgow, UK. Key dates include a submission deadline extended to 10th July 2018, with the anticipated bid opening on the same date and an award period commencing thereafter. The procurement method is an open procedure, allowing for a wide range of entities to participate. This tender presents significant opportunities for businesses involved in financial services, particularly those focusing on microfinance and equity investment for SMEs. Companies that have the requisite experience in fund management and demonstrate compliance with the financial and technical standards outlined in the tender are well-placed to compete. Additionally, businesses with capabilities in delivering community benefits and job creation initiatives will find this project especially relevant, as the fund aims to generate jobs within smart specialisation sectors across Scotland. ## Notice The Scottish Ministers are seeking to appoint fund managers to deliver microfinance, debt, and equity fund management services for the SME Holding Fund, a Fund-of-Funds which is part financed by the European Regional Development Fund and the 2014-2020 European Structural and Investment Fund Programmes in Scotland) The allocation of funding can be aloocated within the tender documents. ### Lot Information Microfinance The Scottish Government are seeking to appoint a fund manager who will provide lending in the range up to 25,000 to start-ups and SMEs with growth ambitions employing less than 10 staff Debt We are seeking to appoint a maximum of three fund managers who will provide lending to SMEs with growth and/or export potential in the following ranges: 25,000 - 100,000; and 100,000 - 1 million. Early Stage Equity We are seeking to appoint a maximum of two fund managers who will provide equity investment of 20,000 - 2 million within a deal ceiling of 10 million to SMEs with high growth and export potential. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN321667 | | Notice type | OJEU - F14 - Corrigendum | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 6 Jun 2018 | | Submission deadline | 5 Jul 2018 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £9,500,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Active | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | SCOTTISH GOVERNMENT | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G2 8LU | | Country | Scotland | | ITL 1 | TLM Scotland | | ITL 2 | TLM3 West Central Scotland | | ITL 3 | TLM32 Glasgow City | | Local authority | Glasgow City | | Electoral ward | Anderston/City/Yorkhill | | Westminster constituency | Glasgow North | | Delivery location | TLM Scotland | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66122000 - Corporate finance and venture capital services ## Release History - 6 Jun 2018 at 00:00 - TenderUpdate - OJEU - F14 - Corrigendum - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN321667 - 31 May 2018 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN320819 ## Documents - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN320819 Fund Management Services for the Scottish Government as part of the Scottish Growth Scheme - The Scottish Ministers are seeking to appoint fund managers to deliver microfinance, debt, and equity fund management services for the SME Holding Fund, a Fund-of-Funds which is part financed by the European Regional Development Fund and the 2014-2020 European Structural and Investment Fund Programmes in Scotland) The allocation of funding can be aloocated within the tender documents. ## Notice URLs - http:// - http://www.gov.scot/ - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361 - http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2363 - http://www.scotland.gov.uk - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000543888 - https://www.publictendersscotland.publiccontractsscotland.gov.uk - https://www.publictendersscotland.publiccontractsscotland.gov.uk/web/login.html ## 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-r6ebe6-0000543888. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000543888.json.