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
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