Evaluation of the Investment Ready Programme for Diverse Founders
SME Wholesale Finance (London) Limited · United Kingdom
Key facts
- Estimated value
- £35,000
- Closing date
- 28 Feb 2025
- Contract starts
- 07 Mar 2025
- Contract ends
- 31 May 2025
- Procedure
- Open procedure (below threshold)
- Buyer type
- Other public body
- Source
- Contracts Finder
Description
The Contracting Authority for this Tender is SME Wholesale Finance (London) Limited (trading as Funding London), a company limited by guarantee with its registered office at 5th Floor, 330 Holborn Gate, 326-332 High Holborn, London, WC1V 7QH. Funding London was established in 2004 by the then Mayor of London with a specific long-term mandate to support the Economic Development Strategy for London through its SME funding activities. Since its inception, Funding London has supported London-based SMEs caught in the finance gap through its investment activities, and more recently through complementary business support. Our mission is to create an evergreen source of funding whereby returns from previous funds are reinvested into new funds. Therefore, the focus of our activities is not only to deliver impact through investment in growth and jobs but also to deliver the best financial returns possible by working in partnership with the private sector. In September 2023, Funding London launched the Investment Ready Programme (https://fundinglondon.co.uk/programmes). This is a free, six-week programme designed to support London based pre-seed and seed stage businesses led by diverse founders in raising external capital, delivered in partnership with Mountside Ventures (https://www.mountsideventures.com/accelerator). The programme is the recipient of £1,065,964 from UK Shared Prosperity Fund (UKSPF) managed by the Greater London Authority. We seek to appoint a firm/consultant to evaluate the Investment Ready Programme and provide insights into the programme's performance against its contractual targets. The evaluation should reflect the programme's relevance, as outlined in Annex E, which demonstrates the rationale for the project activity and its links to outputs, outcomes, and impact. It should also assess the programme's consistency, progress, and impact while evaluating value for money, delivery, and management. Bids should be submitted to [email protected] by 4pm 28 February 2025.
Categories (CPV)
- 66100000 Banking and investment services
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