Awarded Contractocds-h6vhtk-02f740

Innovation Investment Fund – Procurement of a Fund Manager

Cardiff Council is seeking to procure a Financial Conduct Authority (“FCA”) authorised fund manager (“Fund Manager”) on behalf of Cardiff Capital Region (“CCR”) to establish, provide certain services, and to manage the capital allocated under the innovation investment fund (“Fund”) which focuses on providing funding support to proven high growth innovative businesses looking to scale up, via patient capital or long-term investment, in the South East Wales region. The fund will be capitalised initially at 50million...

Buyer

Cardiff Council

Value

£65,000,000

Published

10 Feb 2023

Closes

16 Dec 2021

Procurement details

Source

Find a Tender

Region

Cardiff and Vale of Glamorgan

Procurement method

Selective

Category

Services

Contract starts

Not provided

Contract ends

Not provided

CPV classifications

66171000

Financial consultancy services

79412000

Financial management consultancy services

72221000

Business analysis consultancy services

79410000

Business and management consultancy services

Lots

Lot 1 Innovation Investment Fund – Procurement of a Fund Manager

£65,000,000

Cardiff Capital Region (CCR) City Deal is a 1.1bn GBP economic growth programme which was agreed in 2016 between UK Government, Welsh Government and ten local authorities in South East Wales (the "Region") to bring about significant economic growth in the Region through investment, upskilling, and improved physical and digital connectivity. The CCR local aut...

Delivery: Wales

Documents

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Contains public sector information licensed under the Open Government Licence v3.0.