PS22328 - Appraisal Value for Money Model for Catapults Programme

Tender description

***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a mini competition under the CCS RM6126 Research & Insights DPS. Brief Description of Requirement As part of their new 5-year Grant Funding Agreement (GFA) with Innovate UK, April 2023 - March 2028, Innovate UK has committed to develop/ build on the existing appraisal Value for Money (VfM) model for the Catapult programme. The model will form part of Innovate UK's next Catapult's programme business case in summer 2027. The suppliers will build on existing programme level Value for Money appraisal model (ex-ante) which was developed in 2022. This is relatively unsophisticated in terms of monetised/ non-monetised benefits and is based on the econometric analysis which assessed the economic impact on business turnover during 2011-2016 for businesses who engaged with Catapults (Roper and Vannoi 2022 - paper to be supplied to the successful supplier). The research incorporated segmentation by size of business as well as taking into account the type of engagement between the business and Catapult, looking at the impact at 3-years and 6-years after engagement. The model and the econometric analysis will be provided to the supplier when the contract is awarded.