Awarded Contractocds-h6vhtk-05f5ca

Fund Managers for the South East Investment Fund and the East of England Investment Fund

The British Business Bank (the Bank) is a government-owned economic development bank that makes finance markets for smaller businesses work more effectively. Our mission is to drive economic growth by helping smaller businesses get the finance they need to start, scale and stay in the UK. In doing so, we help capture the economic value of innovation for the UK and create jobs and prosperity for people across the country. The Bank designs programmes that provide funds and guarantees to private sector partners, enabl...

Buyer

British Business Bank

Value

£52,000,000

Published

5 May 2026

Closes

2 Feb 2026

Procurement details

Source

Find a Tender

Region

Sheffield

Procurement method

Open

Category

Services

Contract starts

26 Jun 2026

Contract ends

26 Jun 2036

CPV classifications

66000000

Financial and insurance services

66100000

Banking and investment services

66120000

Investment banking services and related services

66122000

Corporate finance and venture capital services

66190000

Loan brokerage services

Lots

Lot 1 South East Investment Fund - Equity

£17,000,000

Initial Allocation of Funds: £88m Equity investments up to £5m - this figure may be exceeded in exceptional circumstances and with Investor Consent In the South East of England Region only Geographical Targets (ITL2 and ITL3 areas) as set out in the procurement documentation and the Contract. The Lot Value is the estimated maximum value of Fund Manager fees...

Delivery: UKJ · United Kingdom

Lot 2 South East Investment Fund - Debt

£13,000,000

Initial Allocation of Funds: £59m Debt loans from £25k up to £2m - this figure may be exceeded in exceptional circumstances and with Investor Consent In the South East of England Region only Geographical Targets (ITL2 and ITL3 areas) as set out in the procurement documentation and the Contract. The Lot Value is the estimated maximum value of Fund Manager fee...

Delivery: UKJ · United Kingdom

Lot 3 East of England Investment Fund - Equity

£12,000,000

Initial Allocation of Funds: £63m Equity investments up to £5m - this figure may be exceeded in exceptional circumstances and with Investor Consent In the East of England Region only Geographical Targets (ITL2 and ITL3 areas) as set out in the procurement documentation and the Contract. The Lot Value is the estimated maximum value of Fund Manager fees that t...

Delivery: UKH · United Kingdom

Lot 4 East of England Investment Fund - Debt

£10,000,000

Initial Allocation of Funds: £42m Debt loans from £25k up to £2m - this figure may be exceeded in exceptional circumstances and with Investor Consent In the East of England Region only Geographical Targets (ITL2 and ITL3 areas) as set out in the procurement documentation and the Contract. The Lot Value is the estimated maximum value of Fund Manager fees that...

Delivery: UKH · United Kingdom

Tender notice on Find a Tender

15 Dec 2025

Tender notice on Find a Tender

Tender notice · UK4 · Web page

Contract award notice on Find a Tender

5 May 2026

Contract award notice on Find a Tender

Award notice · UK6 · Web page

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