--- title: "Delivery Partner for GCID Venture Studio - Make Pillar" ocid: "ocds-r6ebe6-0000773587" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000773587" markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000773587.md" json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000773587.json" source: "Public Contracts Scotland" current_stage: "Planning" buyer: "UNIVERSITY OF STRATHCLYDE" published: "2024-07-25" --- # Delivery Partner for GCID Venture Studio - Make Pillar Buyer: UNIVERSITY OF STRATHCLYDE Current stage: Planning OCID: ocds-r6ebe6-0000773587 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000773587) [Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000773587.json) ## Summary The University of Strathclyde in Glasgow is planning a procurement process for a Delivery Partner for the GCID Venture Studio Make Pillar project. This procurement falls under the education industry category with a focus on service provision. The tender is in the planning stage and aims to offer comprehensive support for various stages of product and service design and development within the GCID (Glasgow City Innovation District) Venture Studios. The anticipated contract value is £120,000, and the procurement process includes a market engagement phase, with key dates including market engagement questionnaire submissions due by 31st July and an expected contract award in mid-October 2024. The hands-on innovation development programme will run from December 2024 to February 2025. This tender presents significant opportunities for businesses specialising in corporate finance, business development, and innovation consultancy. Companies that provide detailed corporate finance advice, including reviewing business plans and guiding revenue growth and valuation efforts, are well-suited for this opportunity. The selected supplier will engage with up to 20 participants who are early-stage growth companies, offering them bespoke advice and support. This engagement can help participating businesses solidify their financial strategies and prepare for potential investment opportunities, fostering growth and expansion within the thriving ecosystem of the Glasgow City Innovation District. ## Notice As part of the GCID (Glasgow City Innovation District) Venture Studios Make Pillar, we are looking to offer comprehensive support through various stages of product and service design and development. The Make Pillar offers a highly interactive space where diverse projects and businesses collaborate to bring their visions to life. The Supplier will be responsible for delivering a hands-on innovation development programme that will help companies (early stage and established) to design, prototype and prepare a new product or service. ### Lot Information Lot 1 GCID (administered by the University of Strathclyde) has been awarded UK Govt Shared Prosperity Fuding to deliver a Venture Studio - a series of innovation programmes across 4 pillars of activity where multiple projects and businesses collaborate. This tender is regarding the 'Impact Pillar' which offers a highly interactive growth training opportunity for founder/Directors of companies at the early stages of growth, leading to access to funded Corporate Finance support for raising growth funding/investment. The Supplier will be responsible for providing Corporate Finance advice to a number of companies that will be seeking investment following participation in the impact training, specifically reviewing and providing detailed feedback on business plans with a detailed look at financials, revenue growth and valuation of the business. It is anticipated that there will be up to 20 participants receiving this support which must be provided between the start of December 2024 and end of February 2025. Participants will have previously been accepted on to the Venture Studio Impact programme and having attended all 6 training sessions should have a fully prepared business plan available. It is expected that the supplier will meet with each participant a minimum of two times, once for an initial meeting to discuss the business plan and allow a mini 'pitch'. There will then be a follow-up meeting once the plan has been reviewed and feedback and guidance will be given to the participant. Following this, there will be the opportunity for an updated business plan to be given a final review by the supplier. An initial meeting will be held with the supplier to outline possible initial participants, with the likelihood that additional companies will be added within the first month of the activity. It is expected that there will be a minimum of three meetings with each company. Some delivery can take place via on-line meetings but at least one meeting should be in person, at the Strathclyde Inspire Hub. In addition to the one-to-one support, the GCID team would also welcome the provision of some general advice sessions, that would be open to a broader audience. It is intended that the contract will be awarded mid-October 2024. All grant funding must be spent by the end of March. The expected grant budget is estimated at GBP120,000.. There is a Market Engagement Questionnaire posted within the "Additional Documents" section. All interested parties must register their interest no later than Wednesday the 31st July and it would be appreciated if this Market Engagement Questionnaire could also be completed and returned to amy.irvine@strath.ac.uk no later than Wednesday the 31st July. ## Key Details | Field | Value | | --- | --- | | Publication source | Public Contracts Scotland | | Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL510693 | | Notice type | PCS Notice - Website 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 | 25 Jul 2024 | | Submission deadline | Not specified | | Future notice date | 14 Aug 2024 | | Award date | Not specified | | Contract period | Not specified | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £120,000 | | 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 | UNIVERSITY OF STRATHCLYDE | | Locality | GLASGOW | | Post town | Glasgow | | Postcode | G1 1XQ | | 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 East | | Delivery location | TLM82 Glasgow City | ## CPV Codes ### Divisions - 73 - Research and development services and related consultancy services - 80 - Education and training services ### Codes - 73220000 - Development consultancy services - 73300000 - Design and execution of research and development - 80521000 - Training programme services - 80522000 - Training seminars - 80570000 - Personal development training services ## Release History - 25 Jul 2024 at 00:00 - Planning - PCS Notice - Website Prior Information Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL510693 ## Documents - https://www.publiccontractsscotland.gov.uk/NoticeDownload/DownloadDocument.aspx?id=JUL510693&idx=1 25th July 2024 - Market Engagement Questionnaire - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUL510693 Delivery Partner for GCID Venture Studio - Make Pillar - As part of the GCID (Glasgow City Innovation District) Venture Studios Make Pillar, we are looking to offer comprehensive support through various stages of product and service design and development. The Make Pillar offers a highly interactive space where diverse projects and businesses collaborate to bring their visions to life. The Supplier will be responsible for delivering a hands-on innovation development programme that will help companies (early stage and established) to design, prototype and prepare a new product or service. ## Notice URLs - http:// - http://www.strath.ac.uk/ - https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000773587 - https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=773587 ## 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-r6ebe6-0000773587. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000773587.json.