Science & Technology Venture Capital Fellowship
Estimated value
£1.4m
Awarded value
£1.4m
Suppliers
1
Lots
1
Published
16 Aug 2024
Description
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. 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.
Scope
- Reference
- tender_406163/1391951
- Total value
- £1,391,760 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 06 Jun 2024 to 30 Mar 2026
- CPV classifications
- 80000000
- Particular suitability
- Small and medium-sized enterprises (SME)Voluntary, community and social enterprises (VCSE)
Submission & procedure
- Submission deadline
- 06 Jun 2024, 4:00 pm
Award details
Awarded supplier(s), contract period and value as published in the award notice.
Awarded value
£1.4m
Award date
21 May 2024
Contract start
06 Jun 2024
Contract end
30 Mar 2026