Awarded contract

Health and Wealth Innovation Programme Delivery Partner

Details

Supplier(s)
Label Ventures
Value
£140,000
Topic
Research consultancy services
Published
6 January 2026

Tender description

FinTech Scotland, trading through Edinburgh Innovations Ltd, a wholly owner subsidiary of the University of Edinburgh, were approached by the Scottish Government with a request to deliver a programme of work focusing on the research and innovation opportunities at the intersection between Health and Wealth. Lot 1: Given the strategic importance of this work to FinTech Scotland, The University of Edinburgh, the financial services sector and society FinTech Scotland leadership are committed to advancing this work at pace. An external delivery partner will be required to ensure that delivery of this important project can be completed to the appropriate standards and we can lay the foundations for further research and innovation funding on this critical topic. The programme will mobilise cross-sector expertise to deliver practical, high-impact outcomes to initiate and form a foundation for potential future work. The programme will be delivered using a proven structured, yet flexible project management framework led by FinTech Scotland and including participation of relevant large financial services companies/fintechs, academia and SMEs.

Timeline

  1. Completed: Award date1 December 2025
  2. Completed: Award published6 January 2026
    Current notice

About the buyer

University of Edinburgh buys as a higher education institution, through its own Procurement function. Larger tenders are advertised on Public Contract Scotland, via the PCS-T e-tendering platform. Suppliers must register separately on both systems before bidding. Much of this procurement flows through framework agreements with APUC, Scotland Excel and the Crown Commercial Service. Prior information notices invite market engagement from suppliers ahead of larger tenders. The Strategic Procurement team leads regulated sourcing, while Operational Procurement manages day-to-day purchase orders. A Procurement Support team handles reporting, data analysis and training across the function.

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

Over the past 5 years, most of University of Edinburgh's contract awards have been in laboratory and precision equipment, medical equipment and pharmaceuticals and software and information systems.

Relevant CPV codes

  • 73210000 · Research consultancy services

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