Business Growth and Social Impact Investment Fund Management
The Cambridgeshire and Peterborough Combined Authority (CPCA) is awarding two contracts to manage funding schemes, Fund 1 and Fund 2. The authority required delivery partners to manage both funds under two separate contracts. The term of the contracts will be 3 years plus an optional further year’s extension. The fund's lifetime will be 10 years, with 3–4 years of investment and 6–7 years of realisation. This includes an annual review of the programme after the completion of the contract. The advice retainer will m...
Buyer
Cambridgeshire and Peterborough Combined Authority
Value
£500,000
Published
11 Nov 2024
Closes
16 Nov 2023
Procurement details
Source
Find a Tender
Region
Cambridgeshire CC
Procurement method
Open
Category
Services
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
79000000
Business services: law, marketing, consulting, recruitment, printing and security
66000000
Financial and insurance services
Lots
Lot 1 Fund 1
£371,250
Fund 1 is a growth fund aimed at providing equity or debt funding to high-growth potential businesses that do not have access to funding from other sources. The priority sector will be green-tech businesses, plus businesses that want to invest in reducing their carbon emissions with equity investment and loans of £100,000-£500,000 to support business growth.
Delivery: United Kingdom, Peterborough
Lot 2 Fund 2
£128,750
Fund 2: a fund aimed at providing grants or loans to third-sector businesses that do not have access to funding from other sources. This will consist of smaller loans or grants of less than £75,000 to support third-sector businesses and organisations.
Delivery: United Kingdom, Peterborough
Documents
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Contains public sector information licensed under the Open Government Licence v3.0.