North of Tyne Combined Authority Fund Manager for Venture/Equity Fund
The procurement contact named on the official notice.
The submission route named on the official notice.
On behalf of North of Tyne Combined Authority ("NTCA") (see section VI.3 of this notice), North Tyneside Council (the "Procuring Council") is conducting a procurement of a fund manager in respect of a venture fund it is establishing to improve access to finance for high-growth potential organisations based in North East region of England (the "Fund").
The Fund is estimated to have an initial value of c.£30m, composed of £10m of funding from NTCA and £20m being co-investment finance to be raised by the fund manager.
The fund manager will be responsible for executing deals and managing the Fund during the 10 year funding cycle.
Provided additional funding is secured, the total Fund value could exceed £100m.
While the estimated range of value for the contract is explained in this notice, NTCA is unable to give a definitive contract value as this will depend on the scope of the final services required and total value of the Fund.
Further details are contained in section II.2.3.
What the supplier must deliver
The fund manager will be responsible
The fund manager will be responsible for executing deals and managing the Fund during the 10 year funding cycle.
Derived from the notice text — always confirm against the original documents.
Make the case to bid
Reveal who to approach at North Tyneside Council, and generate a go-to-market strategy from their news, accounts and people.
The full intelligence dossier
Our agent reads North Tyneside Council’s accounts, hunts live signals, finds the people who decide — and hands you a bid strategy plus a go-to-market influence plan, including what your team should post this week. You approve every paid step.
Ask me about this tender, the buyer, who wins their work, or whether you should bid.
- OCID
- ocds-h6vhtk-034672
- Stage
- tender · Open
- Source
- Find a Tender
- Buyer ref
- 016333-2022
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
Who wins this kind of work
The suppliers and buyers around this opportunity — drawn from official award data. Drag to orbit; click a node to explore.
Top suppliers & buyers in Business Services
North Tyneside Council’s tender network
Assembling the network…
Similar open tenders
Safety and Security Advisory Services, Risk Management Support and Training
THE WESTMINSTER FOUNDATION FOR DEMOCRACY LIMITED
IPRFQ007-26-07 Audio and Video Managed Services
Leicestershire County Council, trading as ESPO