Awarded contract

Provision of Corporate Financial Advice to Early-Stage Companies

Details

Supplier(s)
Johnston Carmichael
Value
£60,000
Topic
Financial consultancy services
Published
13 December 2024

Tender description

The Supplier will be responsible for providing Corporate Finance advice to a number of companies that will be seeking investment following participation in the impact training, specifically reviewing and providing detailed feedback on business plans with a detailed look at financials, revenue growth and valuation of the business. Lot 1: GCID (administered by the University of Strathclyde) has been awarded UK Govt Shared Prosperity Funding to deliver a Venture Studio – a series of innovation programmes across 4 pillars of activity where multiple projects and businesses collaborate. The Impact Pillar offers a highly interactive growth training opportunity for founder/Directors of companies at the early stages of growth, leading to access to funded Corporate Finance support for raising growth funding/investment. The Supplier will be responsible for providing Corporate Finance advice to a number of companies that will be seeking investment following participation in the impact training, specifically reviewing and providing detailed feedback on business plans with a detailed look at financials, revenue growth and valuation of the business.

Timeline

  1. Completed: Award date20 November 2024
  2. Completed: Award published13 December 2024
    Current notice

About the buyer

University of Strathclyde is a higher education provider in Glasgow, and buys through its own Procurement Services Team. Tender notices are advertised through the Public Contracts Scotland portal. Larger contracts also appear on Find a Tender once they pass the set threshold. Schools, faculties and departments place their own routine orders under central Finance Regulations and procurement procedures. Framework agreements through Advanced Procurement for Universities & Colleges, the Scottish Government and the Government Procurement Service cover much of its spend. Suppliers need a university purchase order before supplying goods or services, and cannot win business through direct marketing.

Education procurement reached £47.4bn in 2024/25, the fourth-largest public sector budget.

Over the past 5 years, most of University of Strathclyde's contract awards have been in business services, IT services and education and training.

Relevant CPV codes

  • 66171000 · Financial consultancy services
  • 73220000 · Development consultancy services

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