Official UK procurement notice
Science & Technology Venture Capital Fellowship
Authority: DESNZ & DSIT Group Commercial·Consortium: 2 public authorities
What is being bought
Published requirement descriptionDSIT has procured an implementing partner to design and deliver a “Science and Technology (S&T) Venture Capital Fellowship”, a 12-month pilot programme with the possibility to extend for a further year.
CPV: Education and training services
The lotProcurement structure
single lot · no lot value publishedLot #1A pilot Venture Capital Fellowship, focused on boosting the capabilities and capacity…Awarded
A pilot Venture Capital Fellowship, focused on boosting the capabilities and capacity of UK-based mid-career VC investors, giving them the tools and creating the network to increase the allocation of capital into UK science and technology, with an initial focus on R&D intensive industries.
As a pilot programme, the Fellowship should support a one-year cohort of 20-30 professional investors, drawn from high potential mid-level professional talent from UK-based VC firms (experienced Associate/Manager/Principal level) and high calibre entrepreneurs transitioning into venture capital with a strong interest in investing into Deep Tech and/or Life Sciences. In line with the Mansion House Reforms, we propose to include participants from other asset classes seeking to invest into unlisted equities.
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Price
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Awarded
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- No (one-off requirement)
- First published
- 27 Mar 2024, 16:34 GMT
- Last source update
- 21 Aug 2024, 12:33 BST
- Award evaluation window
- 29 Apr 2024 – …
- FTS notice number
2024/S 000-026648- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-044dccFind a Tender
How it was run
Official notice- Submission deadline
- 29 Apr 2024
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 29 Apr 2024, 15:00 BST
Timeline
29 Apr 2024 → 21 Aug 2024 · 3 dates- Submission deadline29 Apr 2024
- Bids opened29 Apr 2024, 15:00 BST
- Notice published21 Aug 2024, 12:33 BST
Notice history
2 events · 2 releases on Find a Tender · since 21 Aug 2024- Status changed to complete21 Aug 2024, 12:33 BST
- Buyer details updated21 Aug 2024, 12:33 BST
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecast| Awarded to | Value | Date | Status |
|---|---|---|---|
| Imperial College Projects London | £1,391,760 † | — | Awarded |
Contracts
Contract 026648-2024-1 · Imperial College Projects London
- Signed
- 24 May 2024
- Value
- £1,391,760
- Status
- active
Bid statistics published by the authority
| Bids | SME | VCSE | Valid bid range |
|---|---|---|---|
| 11bids · 11 electronic | — | — | — |
Contracting authority & participating public bodies
2 public bodies on the noticeConsortium members and other public bodies
- Department for Science, Innovation, & TechnologyContracting authorityMinistry or any other national or federal authority, including their regional or local subdivisionsEconomic affairs
Dispute resolution & review bodies
- DSITReview body
Bidders & participating suppliers
1 commercial party on the notice- Imperial College Projects LondonAwarded supplier
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.