Source: https://tendernation.io/opportunities/01a13c10-8ef0-70c0-8858-c28ffa843c5c/tender-brief-business-engagement-and-investment closed GB negotiated without publication procedure Suitable for SMEs # Tender Brief - Business Engagement and Investment [Silicon South Dorset Ltd](https://tendernation.io/buyers/silicon-south-dorset-ltd) Estimated value £24,000 Published 20 Nov 2017 Deadline Closed 11 Dec 2017 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Buyer says suitable for VCSEs The buyer ticked “suitable for voluntary, community and social enterprises” on the notice. - Small contract value Valued under £135,018 including VAT, the lowest Procurement Act threshold for goods and services. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender Background and aims: Silicon South is a not-for-profit based in Bournemouth, Dorset. Silicon South's aim is to accelerate the digital economy in Dorset. In February 2017, Silicon South, as part of a consortium in Dorset, received European Regional Development Funding to provide support to SMEs in the region to grow. We are looking for a partner to design, deliver and co-fund a programme of business engagement that provides high-growth creative and digital businesses with exposure to investment, business advice guidance and mentoring that will help businesses deliver on their plans as well build and bring to market new products, services and content. Core Outputs: We are looking to create 4 new products, and 25 new jobs through this programme of activity. Investment/Match - We are looking for a partner who is able to provide a minimum of 100% match for ERDF growth grants. It is a minimum project requirement that the partner is able to contribute and evidence a minimum of £100,000 of match funded investment to the project. Business Support - Investment will need to be accompanied by a suite of business support to aid the company in executing their business plans. Prior experience in delivering business support programmes particularly in relation to product development, business and financial planning, road mapping, IP exploitation and development is essential. Knowledge Exchange - Networking, access to peer and professional groups and mentors is important to the sustainability of early businesses. Proposals that offer access to these resources will be assessed favourably. Application, Payment and Contract Management - It is essential that the partner company has the infrastructure and systems in place to manage, process and assess project participation and investment applications. It's essential that the partner is also able to manage any contracting requirements relating to the partnership and beneficiary investment. Project Manage/Monitoring - It is essential that the partner organisation is able to monitor the project and project beneficiary participation and defrayal throughout and beyond the lifetime of the project. Experience of working with European projects will be useful and will be assed favourably. ### Duration - December 2017 December 2018 Fee: Value for money is a strong factor in choosing a partner. You will need to provide a budget that outlines the breakdown of expenses associated with project delivery. We are not looking for tenders to exceed the total grant value contributed. Marketing/Promotion: The companies that you will be supporting are likely to be operating in competitive markets or launching new products and services. As such the profiling and promoting of the beneficiary company's activities will undoubtedly contribute to their chances of success. Any application that supports this end will be looked upon favourably. Read full description ## CPV classification Business and management consultancy services Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/6ed43dc8-130e-493c-b4ab-27387e29cf1f) Never miss a tender like this again Get AI summaries, deadline alerts and a bid pipeline for tenders matched to your business. Free to start. 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