British Business Bank is conducting this procurement to establish frameworks of fund managers for:-
Lot 1 — Equity funds within the framework range value of 80 000 000 to 300 000 000 GBP across a number of funds;
Lot 2 — Debt funds within the framework range value of 120 000 000 to 400 000 000 GBP across a number of funds;
Lot 3 — Small business loans funds within the framework range value of 30 000 000 to 60 000 000 GBP across a number of funds;
Lot 4 — Proof of concept and early stage funds within the framework range value of 20 000 000 to 40 000 000 GBP across a number of funds;
It is anticipated that the first fund which will call off under the Framework Agreement by way of Mini-Competitions will be The Midlands Engine Fund (MEIF) where there is an expected 250 000 000 GBP to be invested in SME's in the Midlands subject to European Funding. However the scope of the Framework extends to other funds which may be identified during the period of the Framework in the MEIF Area.
Equity Funds where the authority is looking to commit between 80 000 000 and 300 000 000 GBP across a number of funds.
Each investment must satisfy the conditions as outlined in the Contract Notice.
Debt Funds — Where the authority is looking to commit between 120 000 000 and 400 000 000 GBP.
Each loan must satisfy the conditions as outlined in the Contract Notice.
Small Business Loans where the authority is looking to commit between 30 000 000 and 60 000 000 GBP.
Each small business loan must satisfy the conditions as outlined in the Contract Notice.
Proof of Concept and Early Stage Fund where the authority is looking to commit between 20 000 000 GBP and 40 000 000 GBP.
Each equity, quasi-equity or loan investment must satisfy the conditions as outlined in the Contract Notice.
Sheffield City Council has been successful in securing funding from the Arts Council and is looking to appoint an organisation to deliver singing activities in schools during the financial year to end of March 2015.
South Yorkshire Archives Partnership, comprising Barnsley, Doncaster, Rotherham and Sheffield local authorities (SYAP) / The National Archives (TNA) are seeking to commission a piece of work to explore how SYAP, a network of four local authority archives and local studies services, could work together to improve services, maximise resources, strengthen future resilience and achieve savings targets in the current challenging financial environment.
Sheffield City Council and the Clinical Commissioning Group would like to purchase technical expertise to undertake detailed business planning and development required to establish the feasibility of a social impact bond to deliver A Fresh Start.
We anticipate that this programme will improve outcomes for families on the edge of care during pregnancy and infancy, whilst simultaneously reducing costs for public agencies and generating sufficient financial benefit in the first 3-5 years to be attractive to investors.
The New Enterprise Allowance scheme was designed to support the move into self-employment for those people who want to start their own business. The NEA Phase 2 extends this support to some Universal Credit participants already self employed. It provides Mentoring support and financial assistance (NEA allowance for new business start ups) to Participants who satisfy eligibility and are referred to the scheme by Jobcentre Plus.
Sheffield City Council in partnership with Sheffield Galleries and Museums Trust and Sheffield Industrial Museum Trust is the owner or custodian of a diverse collection of Museum Exhibits, ranging from fine art to heavy machinery closely related to the city’s industrial heritage. Ensuring the future of the collections for coming generations requires the financial protection of a first class insurance solution fit for a collection of Museum Exhibits of the quality within the collection and which also supports the aims of the Museum Trusts in bringing visiting collections to the City.