Social Enterprise Investment Fund

Estimated value

£508k

Awarded value

£477k

Awarded 14 Sept 2016

Suppliers

1

Lots

1

1 awarded

Published

21 Oct 2016

Deadline 22 Jun 2016

Description

The Social Enterprise Investment Fund was set up in 2007 to stimulate the role of social enterprise in health, wellbeing and social care though providing investment to help new social enterprises start up and existing social enterprises grow and improve their services. By enabling social enterprises to deliver health and social care services, the Social Enterprise Investment Fund aimed to improve the quality of services for patients. The Fund resulted in a portfolio of investments, both grant and loan, in social enterprises in accordance with sections 149 to 151 of the Health and Social Care Act 2008. The Fund’s loan book is now closed. The Department of Health (the Authority) sought tenders to continue with active portfolio management of the continuing SEIF investments to ensure maximum recovery of assets, as well as sustainability of the social enterprises now delivering health and care services.

Scope

Reference
60235
Total value
£508,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
30 Sept 2016 to 30 May 2020
CPV classifications
66000000

Submission & procedure

Submission deadline
22 Jun 2016, 11:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£477k

Award date

14 Sept 2016

Contract start

30 Sept 2016

Contract end

30 May 2020