Source: https://tendernation.io/opportunities/01a13c69-c562-7137-bfbf-df0ea0948be9/qu510-feasibility-study-of-financial-support-mechanism-award awarded GB open procedure Suitable for SMEs # QU510 - Feasibility Study of Financial Support Mechanism - AWARD [Birmingham City Council](https://tendernation.io/buyers/birmingham-city-council) Estimated value Not stated Published 12 Oct 2021 Deadline Closed 19 Aug 2021 ## Who can bid - Buyer says suitable for SMEs The buyer ticked “suitable for SMEs” on the notice. Anyone can still bid. - Open procedure Anyone can submit a full tender; there is no shortlisting stage. [More contracts for small businesses and VCSEs](https://tendernation.io/opportunities/for-small-businesses) ## About this tender The Council is seeking experienced/independent external consultants to undertake a feasibility study to establish alternative financial support mechanisms for repayment grants, loans, loan guarantees, equity schemes and wage subsidy schemes. The findings of the feasibility study will be used to formulate a business strategy for Birmingham City Council and it is intended that the new provision will be delivered inhouse by the City Council. The Feasibility needs to provide: o An in-depth overview of current market provision for a) repayment grants, b) loans c) loan guarantees (ie interest free and soft loans), d) equity provisions and wage subsidies o Market need and demand for alternative mechanisms o Conduct an online survey to establish SME preferences and gauge the appetite for the provision options being considered o Gaps/opportunities in the market o Liaise with key stakeholders/Council delivery partners o Identify/liaise with Local Authorities which already have alternative financial mechanisms in place o Level of investment required by the Council for each mechanism/the minimum scales of funding provision o Advantages/disadvantages of each option o Engagement with the Council's key delivery partners and SMEs to gauge feedback on these proposals o Recommendations for the best option This contract will be for a period of 8 weeks commencing 13th September 2021 until 5th November 2021. The Council will be using its free to use e-tendering system (in-tend) for the administration of this procurement process and potential suppliers must register with the system to be able to express an interest. If you wish to express an interest in this opportunity please click on the following link to access [in-tendhost.co.uk/birminghamcc](https://in-tendhost.co.uk/birminghamcc/) and submit your details to register. You will then be sent details on how to log on which will enable you to download all relevant quotation documentation. If you are unable to register with In-tend or have any questions or problems on how to use this web site please either email us at: or call CPS Helpdesk on 0121 464 8000. Your completed quotation submission should be returned by noon on 9th September 2021 via the 'in-tend' system [in-tendhost.co.uk/birminghamcc](https://in-tendhost.co.uk/birminghamcc) Read full description ## CPV classification Feasibility study, advisory service, analysis Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/2a0eba63-80d5-44fa-9610-2db3f02f8555) 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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