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Official procurement procedure

Science & Technology Venture Capital Fellowship

Education and training services
UK
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: DESNZ & DSIT Group Commercial: "Science & Technology Venture Capital Fellowship". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityDESNZ & DSIT Group CommercialScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: DESNZ & DSIT Group Commercial
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for DESNZ & DSIT Group Commercial. 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
12.1Bids / Report
31% of reports have one bid
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: 31 active published awards; 29 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 Unpublished data stays unknown.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 AuthorityDESNZ & DSIT Group Commercial
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published21 Aug 2024, 12:33 BST
Last source update21 Aug 2024, 12:33 BST
Recurring procurementNot published
ClassificationEducation and training services
Delivery area
UK
OCIDocds-h6vhtk-044dcc
What is being bought
DSIT 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.
What changed
From the official release history
  1. Status changed to complete
    21 Aug 2024, 12:33 BST
  2. Official notice release published
    21 Aug 2024, 12:33 BST
  3. Submission deadline changed to published date
    21 Aug 2024, 12:33 BST
  4. Buyer information updated
    21 Aug 2024, 12:33 BST
  5. Status changed to active
    27 Mar 2024, 16:34 GMT
  6. Official notice release published
    27 Mar 2024, 16:34 GMT
  7. Submission deadline changed to 29 Apr 2024, 01:00 BST
    27 Mar 2024, 16:34 GMT
  8. Buyer information updated
    27 Mar 2024, 16:34 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    21 Aug 2024, 12:33 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 24 May 2024, 00:00 BST · £1,391,760
Commercial outcome and competition
Awards
Imperial College Projects London
Not published · Not published · active
Contracts
Contract
£1,391,760 · signed 24 May 2024, 00:00 BST · active
Bid statistics
bids: 11 (lot 1)
electronicBids: 11 (lot 1)
Buyer and organisations in this procedure

DESNZ & DSIT Group Commercial

Contracting authority GB-FTS-114034
View buyer profile

  • DESNZ & DSIT Group Commercial
    buyer

    London, UK
    Jack.Millward@beis.gov.uk

  • DSIT
    reviewBody

    London

  • Imperial College Projects London
    supplier

    Level 1 Faculty Building, Exhibition Road, London,, UK, SW7 2PG
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published