Coming up· published 6 Feb 2025
Early Stage Investment Fund
West Yorkshire Combined Authority · Leeds, Yorkshire and The Humber
West Yorkshire Combined Authority is planning Early Stage Investment Fund. It is a contract for other health and social care in Leeds.
Source: Find a Tender, published 6 Feb 2025. Details are refreshed every 30 minutes.
Key dates
2025
Pipeline notice published
Planning Notice · 16:16
View notice2025
Tender notice expected
Date given in the buyer's earlier notice
About this tender
In brief
West Yorkshire Combined Authority is planning Early Stage Investment Fund. It is a contract for other health and social care in Leeds. The buyer has published an early notice. It gives providers time to prepare before the tender opens.
Find a Tender published it on 6 February 2025. The notice number is 004030-2025. The OCDS ID is ocds-h6vhtk-04dc65. Bids are made through the buyer's EU-Supply portal.
Summary of the contracting process
The West Yorkshire Combined Authority is planning a procurement for a fund manager to oversee an Early Stage Investment Fund. The procurement process is currently in the planning phase, with an anticipated delivery start in Summer 2025. The initial budget of £4M may increase to over £10M.
The investment period is planned for the first four years, followed by six years of portfolio management. Key dates include a future notice expected on 1st September 2025. This procurement falls under the services category and involves corporate finance and venture capital services, with additional classifications in IT services, research and development, and health and social work services.
Fund managers with experience in leveraging additional private and public sector funds, and those capable of securing deal flows in collaboration with Health Innovation Yorkshire & Humber, will find this contract particularly beneficial.
The notice in full
*PIN ONLY* We are looking for a fund manager with experience in early-stage investments into Health & Life Science and Digital Tech companies across West Yorkshire. We expect our funds to be used to contribute between PS200k and PS500k to a pre-seed/early-seed deal, with the ability to bring in leverage, either via other private sector funds, or via public sector funds such as the Northern Powerhouse Investment Fund.
The fund manager will work closely with our accelerator partner (Health Innovation Yorkshire & Humber) to secure deal flow. The fund manager will not be expected to make follow-on investments. Anticipated tender timings: We are aiming to go into delivery in Summer 2025 Anticipated contract length: It's envisaged that the first four years would be the investment period, followed by six years of portfolio management.
Estimated budget: PS4M is confirmed currently, but we are looking to get the budget north of PS10M. This will be confirmed in due course.
Lots (1)
- 01
Lot 1Planned
Key facts
Contract
- Service
- Other health and social care
- Procurement type
- Standard
- Category
- Services
- Contract period
- Not specified - Not specified
- Lots
- 1
Procedure
- Notice type
- Planning Notice
- Current stage
- Planning
- Stages so far
- Planning
- Published on
- Find a Tender Service
- Buyer's portal
- EU-Supply
Not stated in the notice: procurement method, awardee scale.
Values
Not stated in the notice: tender value, lots value, awards value, contracts value.
Status
- Tender
- Planned
- Lots
- Planned
Not stated in the notice: awards, contracts.
References
- Find a Tender notice
- 004030-2025
- Open Contracting ID
- ocds-h6vhtk-04dc65
- CPV code
- 66122000 - Corporate finance and venture capital services; 72000000 - IT services: consulting, software development, Internet and support; 73000000 - Research and development services and related consultancy services; 85000000 - Health and social work services
- CPV division
- 66 - Financial and insurance services; 72 - IT services: consulting, software development, Internet and support; 73 - Research and development services and related consultancy services; 85 - Health and social work services
Location
- Local authority
- Leeds
- Town
- Leeds
- Postcode
- LS1 2DE
- Electoral ward
- Little London & Woodhouse
- Constituency
- Leeds Central and Headingley
- Delivery area
- West Yorkshire
- Region
- Yorkshire and The Humber
- Sub-region
- Leeds
- Area
- West Yorkshire
- Country
- England
Buyer
Contracting authority
- Organisation
- West Yorkshire Combined Authority
- Category
- Services
- Contact
- Carla Shoesmith
- Address
- Leeds, LS1 2DE · Yorkshire and The Humber · England
Not stated in the notice: phone.
Documents and links
- EU-Supply portal, to register and biduk.eu-supply.com/ctm/Company/CompanyInformation/Index/103257
- Uk.eu-supply.comuk.eu-supply.com/ctm/Supplier/Documents/Folder/96930
- Latest noticefind-tender.service.gov.uk/Notice/004030-2025
- OCDS record ocds-h6vhtk-04dc65 (JSON)find-tender.service.gov.uk/api/1.0/ocdsReleasePackages/ocds-h…
Questions about Early Stage Investment Fund
When will the Early Stage Investment Fund tender open?
West Yorkshire Combined Authority has not yet given a date for the tender notice. An early notice is the time to answer any market engagement questions and gather the evidence a bid will need.
Who is the buyer for Early Stage Investment Fund?
West Yorkshire Combined Authority, based in Leeds, Yorkshire and The Humber. The named contact is Carla Shoesmith.
How do I bid for Early Stage Investment Fund?
Register on the buyer's EU-Supply portal, download the tender pack and check every condition of participation before you start writing. Care Sync Experts writes and reviews care tender bids from £1,500 + VAT.
Want help winning this tender?
We write and review care tender bids: quality answers, case studies and social value, checked against how the buyer scores before you submit.
What to do next
- Read the early notice in full.
- Answer any market engagement questions.
- Gather your evidence and case studies now.
- Check your policies are up to date.
- Watch for the tender notice.
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