Corporate finance and venture capital services

Tender description

The aim of the Initiative is to establish a competitively procured arrangement that will facilitate funding to heat network projects and provide projects with access to an investor base with the experience and appetite to bring projects to fruition. The Initiative aims to support public sector and other organisations with a route to accessing investment for heat network projects, increasing external investment and helping to create a self-sustaining heat network market. BEIS would expect the Initiative to be utilised by potential providers to provide funding and ancillary services to support the delivery of heat network projects. In addition, the Initiative will be capable of both securing demonstrable value for money investment and funding expertise to heat network projects. BEIS is currently in the process of finalising its procurement strategy and is issuing this PIN to gauge the views of potential providers in respect of scope of services to be included within this procurement. Services may include: — those as set out in Annex A (located at this link: https://www.contractsfinder.service.gov.uk/Notice/a387ac9e-6ee0-4b4b-b394-911988ee71ed — to participate within a pre-selected group of Heat Network investors aimed at bidding for investment opportunities, — to provide investment in heat networks subject to a competitive process. Services may include: — those as set out in Annex A (located at this link: https://www.contractsfinder.service.gov.uk/Notice/a387ac9e-6ee0-4b4b-b394-911988ee71ed — to participate within a pre-selected group of Heat Network investors aimed at bidding for investment opportunities, — to provide investment in heat networks subject to a competitive process.