High Growth Accelerator Programme

West Midlands Combined AuthoritycontractFind a TenderRef ocds-h6vhtk-041b4e32014L0024active
View buyer

Estimated value

services

Awarded value

Suppliers

1

Lots

1

1 awarded

Published

12 Jun 2024

Description

The aim of this programme is to provide intensive and in-depth support for 50 high-growth SMEs (as defined by sections 382 and 465 of the Companies Act) in the West Midlands, ending in March 2025. The support will help these firms to manage their growth in a more sustainable way, ensuring that their growth continues higher, longer, and more sustainably than may have been without the support. We define a “high-growth firm” as an enterprise with average annualised growth in employees or turnover greater than 20 percent per annum, over a two-year period, and with a turnover of greater than £1 million per annum in the most recent accounts (or which has raised more than £500,000 in equity from external investors).

Scope

Reference
ocds-h6vhtk-041b4e
Commercial tool
Standalone contract
Contract dates
to 31 Mar 2025
Main category
services
Contract locations
West Midlands

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Total Fixed/Other Costs5quality
Average Staff Rate15cost

Submission & procedure

Procedure
Open procedure

Award details

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

Awarded value

Award date

Contract start

Contract end