West Yorkshire Business Accelerator Fund Manager

Tender description

The Combined Authority has identified a need for additional regional funding for high growth SME’s. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced £20m (total) to establish a new commercial investment fund – the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf. Lot 1: The Combined Authority has identified a need for additional regional funding for high growth SME’s. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced £20m (total) to establish a new commercial investment fund – the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf.