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Awarded

Financial and insurance services

Published

Supplier(s)

FSE CIC

Value

10,000,000 GBP

Description

The British Business Bank is conducting this procurement to establish an agreement for a fund manager for the Cornwall and Isles of Scilly region for: A combined debt and equity fund; value range of: 40 000 000 GBP to 80 000 000 GBP A Debt and Equity Fund where the authority is looking to commit between 40 000 000 GBP to 80 000 000 GBP funds. Each equity investment must satisfy the following conditions: 1) Be an investment in an SME in the CIOSIF Area; 2) Be an investment in a range size from 25 000 GBP to 2 000 000 GBP 2 000 000 GBP. This figure may be exceeded in exceptional circumstances and with Investor Consent; 3) All conditions in the IOGs, LPA and FMA of the Fund. Each Debt loan must satisfy the following conditions:

Timeline

Award date

6 years ago

Publish date

6 years ago

Buyer information

British Business Bank

Email:
procurement@british-business-bank.co.uk

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