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planned
Official procurement procedure

Science & Technology Venture Capital Fellowship

Education and training services
UK
Published value
£3,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Department for Science, Innovation & Technology: "Science & Technology Venture Capital Fellowship". Published status: planned. Published value: £3,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityDepartment for Science, Innovation & TechnologyScope & CategoriesNot publishedSubmission Window
planned
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£3,000,000
Bidder Intelligence · Authority Profile: Department for Science, Innovation & Technology
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Department for Science, Innovation & Technology. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
Not availableNo published reports
Bid counts are not published for this buyer
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 0 active published awards; 0 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Price reduction compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityDepartment for Science, Innovation & Technology
Procedure methodNot published
Procurement categoryNot published
Statusplanned
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published9 Jan 2024, 17:28 GMT
Last source update9 Jan 2024, 17:28 GMT
Recurring procurementNot published
ClassificationEducation and training services
Delivery area
UK
OCIDocds-h6vhtk-042bdd
What is being bought
At the Autumn Statement, the Chancellor announced the creation of a Science & Technology Venture Capital Fellowship - 'the Fellowship' to help produce the next generation of world-leading investors in the UK’s renowned venture capital funds to support investment into the UK’s most innovative high-growth companies. The Department for Science Innovation and Technology (DSIT) is now undertaking a market engagement activity to inform the design and delivery this pilot Fellowship. We will be delivering a presentation of the proposed structure for the Fellowship, seeking feedback on the content and delivery approach. Respondents are asked to indicate their level of interest in bidding to deliver the Fellowship.
What changed
From the official release history
  1. Published value updated to £3,000,000
    9 Jan 2024, 17:28 GMT
  2. Status changed to planned
    9 Jan 2024, 17:28 GMT
  3. Official notice release published
    9 Jan 2024, 17:28 GMT
  4. Buyer information updated
    9 Jan 2024, 17:28 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    planned
    Published valueNot published
    The Department for Science, Innovation and Technology (DSIT) will be holding a pre-market engagement event on the 16th of January 2024 at 14:00. In this session we will outline the programme fellowship scheme in more detail, run a quick poll to those in attendance, and host a Q&A session towards the end of the event. Following this pre-market engagement we will ask interested attendees to provide further information in the form of a Request for Information (“RFI”) in order for the Department to shape the programme prior to procurement launch. The event will be hosted via Microsoft teams and the joining details are below: https://teams.microsoft.com/l/meetup-join/19%3ameeting_NjliNTc4NzgtN2JlMy00NzU2LTk5MDMtOWY3ZGRhZmVhMzJh%40thread.v2/0?context=%7b%22Tid%22%3a%22cbac7005-02c1-43eb-b497-e6492d1b2dd8%22%2c%22Oid%22%3a%22fe09f2f9-f07c-455d-9223-a1b38a772f22%22%7d If you are not able to attend this event, but would still like to participate in the RFI exercise, please contact matthew.findlow@dsit.gov.uk or jack.millward@dsit.gov.uk for further details. The Department DSIT will not be accepting any RFI responses beyond the 26th January 2024.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    9 Jan 2024, 17:28 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Department for Science, Innovation & Technology

Contracting authority GB-FTS-102043
View buyer profile
Documents (0)
Official links; attachments are not copied
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Related procedures (0)
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