Appointment of Co-Investors for the London Co-Investment Fund (LCIF) 2017
Details
- Supplier(s)
- Value
- GBP 23,000,000
- Duration
- 2 years
- Topic
- Financial and insurance services
- Published
- 14 June 2017
- Source
- ContractsFinder
Tender description
Funding London is the trading name of SME Wholesale Finance (London) Limited. Funding London have competitively selected five additional organisations to become co-investment partners with theLCIF. The selected partners will enter into co-investment agreements with the LCIF with an investment period of 18 months. The aims of the LCIF are as follows:- To invest 23m GBP into high-growth early stage Science, Digital and Technology businesses in Londonduring a three year period;- To achieve a target across the fund of 2.9 GBP of private sector investment for every 1 GBP invested byLCIF;- To generate approx. 2 653 jobs as a result of the investments being made; and- To maximise returns from exits to enable further investment in later years.
Timeline
- Completed: Award date13 June 2017
- Completed: Award published14 June 2017Current notice
- Completed: Contract expiry date31 December 2018
About the buyer
SME Wholesale Finance (London) Limited is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.
Relevant CPV codes
- 66000000 · Financial and insurance services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@sme-wholesale-finance-london-limited.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@sme-wholesale-finance-london-limited.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@sme-wholesale-finance-london-limited.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@sme-wholesale-finance-london-limited.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@sme-wholesale-finance-london-limited.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@sme-wholesale-finance-london-limited.gov |
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