Finance Durham Fund - Investment Fund Management Service
DCC operates a £20m investment fund (the Finance Durham Fund) to invest in enterprises (via debt, mezzanine and equity finance) across County Durham. Though not exclusively for SMEs, investees to date have been SMEs and it is anticipated that investees will be largely be SMEs in the future. The Fund is 100% financed by DCC and is operated on a commercial basis to deliver both an economic development impact and financial return to the Authority over the longer term. The Finance Durham fund is structured as 'Evergree...
Buyer
Durham County Council
Value
Not provided
Published
23 Feb 2022
Closes
29 Mar 2022
Procurement details
Source
Find a Tender
Region
Durham CC
Procurement method
Selective
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
66000000
Financial and insurance services
Lots
Lot 1 Finance Durham Fund - Investment Fund Management Service
Value not provided
DCC operates a £20m investment fund (the Finance Durham Fund) to invest in enterprises (via debt, mezzanine and equity finance) across County Durham. Though not exclusively for SMEs, investees to date have been SMEs and it is anticipated that investees will be largely be SMEs in the future. The Fund is 100% financed by DCC and is operated on a commercial bas...
Delivery: Durham CC
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