Services furnished by business, professional and specialist organisations

Tender description

The University of Derby is looking to create a framework of professional organisations who can carry out due diligence and appraisal services. It is envisaged that between 3 and 5 suppliers will be appointed to this framework. In September 2014 the University of Derby was awarded funding from the Regional Growth Fund RGF of 16,35 m through the department for Business, Energy and Industrial Strategy BEIS and established the Invest to Grow programme. Commencing in late 2014, the programme is designed to support private sector businesses across the East Midlands to innovate, grow and create jobs. The programme is a re-circulating finance scheme providing loans and grants, or a combination of both, to support specific projects typically related to businesses growing, developing or improving their products and related services. The programme is managed and delivered by a dedicated programme team from the University of Derby and are supported by an independent strategic investment panel who make funding recommendations on a business by business basis. The panel has an extensive range of industry and sector knowledge and experience. As at March 2019 the ITG Programme had supported over 200 companies, awarded over 23 m in funding and over 1,400 jobs had been created across the East Midlands. The University of Derby is looking to create a framework of professional organisations who can carry out due diligence and appraisal services. It is envisaged that between 3 and 5 suppliers will be appointed to this framework.