Expired contract

GB-Sheffield: future funds

Details

Value
GBP 5,730,000
Duration
2 years
Topic
Financial consultancy services
Published
26 May 2020

Tender description

2.1.1The Chancellor of the Exchequer announced the establishment of a new scheme to support innovative businesses in the UK currently impacted by Covid-19 (the "Future Fund"). The Future Fund is aimed at businesses that have been unable to access other government business support programmes either because they are pre-revenue or pre-profit and/or typically rely on equity investment. The support provided will be in the form of convertible loan notes ("CLN") into eligible companies on a 'matched basis' meaning there is a requirement for eligible investors to make an investment into the company as a condition to receiving government support.

Timeline

  1. Completed: Award date4 May 2020
  2. Completed: Award published26 May 2020
    Current notice
  3. Completed: Contract expiry date17 November 2021

About the buyer

British Business Bank 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

  • 66171000 · Financial consultancy services

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