Source: https://tendernation.io/opportunities/01a13cb2-61da-70c0-af35-cf1d9107877e/6-cross-street-eye-mid-suffolk-operator closed GB open procedure Suitable for SMEs # 6 Cross Street , Eye Mid Suffolk Operator [Babergh District Council](https://tendernation.io/buyers/babergh-district-council) Open field Estimated value Not stated Published 11 Jul 2023 Deadline Closed 14 Jul 2023 ## 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 In October 2019 Babergh and Mid Suffolk District Councils commissioned Menta to carry out a Grow on Space Supply and Demand Analysis - 318MEN Grow on Spaces Study V2.01 midsuffolk.gov.uk, which was subsequently updated to reflect the impact of the Covid 19 pandemic in August 2021. Following in depth consultation with local businesses and property agents, this study highlighted the need for incubation and start up space that is in or on the town outskirts where there are better services and amenities. There is currently a lack of co-working and hot desk space in the Eye area which would present little competition if a new space were created. The Council is seeking to develop an innovation space and incubator facility in Eye which can provide a supportive environment to enable starts ups to grow, flourish and collaborate. In the report, Mid Suffolk has an identified supply shortfall for incubator space of up to 1,500 sq. ft. New build investment costs for incubator space are high and, because of high churn, the security of rental income means commercial investment is seen as high risk by commercial developers. This has led to a lack of investment in the delivery of incubator spaces across the district. It has been identified that other districts which have invested in incubator space have seen the reward of growth and higher success rates of start-up businesses. The location of this building in town, in the heart of the town centre will enable businesses to benefit from better services and amenities. In addition, the creation of a new business community which gives the opportunity to collaborate, network, and share experiences and knowledge can be a key contributor to the vibrancy of the town centre. This investment underpins the organisation's vision and mission which is to provide strong, proud, and inspirational leadership, and that we will strive for excellence, and together build great communities for everyone to live, work, visit and invest in. Additional information: to view the tender and supporting documentation please visit the below website where you will be able to register and download all required documentation. [suffolksourcing.uk](http://www.suffolksourcing.uk/) Please be aware we will not accept late tender submissions, or tenders submitted to us other than via the e-tendering portal. We thankyou for your time and interest in this current opportunity. Is a Recurrent Procurement Type? : No Read full description ## CPV classification Development services of real estate Source Contracts Finder (UK) [View official notice](https://www.contractsfinder.service.gov.uk/notice/3b5d4a61-7f61-4390-9044-34488752557d) 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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