Planning

Science & Technology Venture Capital Fellowship

  • Department for Science, Innovation & Technology

F01: Prior information notice (prior information only)

Notice identifier: 2024/S 000-000873

Procurement identifier (OCID): ocds-h6vhtk-042c2d

Published 10 January 2024, 5:12pm



Section one: Contracting authority

one.1) Name and addresses

Department for Science, Innovation & Technology

London

Email

Jack.Millward@beis.gov.uk

Country

United Kingdom

Region code

UK - United Kingdom

Internet address(es)

Main address

https://www.gov.uk/government/organisations/department-for-science-innovation-and-technology

one.2) Information about joint procurement

The contract is awarded by a central purchasing body

one.3) Communication

Additional information can be obtained from the above-mentioned address

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

Economic and financial affairs


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Science & Technology Venture Capital Fellowship

two.1.2) Main CPV code

  • 80000000 - Education and training services

two.1.3) Type of contract

Services

two.1.4) Short description

At the Autumn Statement, the Chancellor announced the creation of a Science & Technology Venture Capital Fellowship - 'the Fellowship' to help produce the next generation of world-leading investors in the UK’s renowned venture capital funds to support investment into the UK’s most innovative high-growth companies. The Department for Science Innovation and Technology (DSIT) is now undertaking a market engagement activity to inform the design and delivery this pilot Fellowship.

We will be delivering a presentation of the proposed structure for the Fellowship, seeking feedback on the content and delivery approach. Respondents are asked to indicate their level of interest in bidding to deliver the Fellowship.

two.1.5) Estimated total value

Value excluding VAT: £3,000,000

two.1.6) Information about lots

This contract is divided into lots: No

two.2) Description

two.2.2) Additional CPV code(s)

  • 80000000 - Education and training services

two.2.3) Place of performance

NUTS codes
  • UK - United Kingdom

two.2.4) Description of the procurement

The Department for Science, Innovation and Technology (DSIT) will be holding a pre-market engagement event on the 15th of January 2024 at 14:00. In this session we will outline the programme fellowship scheme in more detail, run a quick poll to those in attendance, and host a Q&A session towards the end of the event.

Following this pre-market engagement we will ask interested attendees to provide further information in the form of a Request for Information (“RFI”) in order for the Department to shape the programme prior to procurement launch.

The event will be hosted via Microsoft teams and the joining details are below:

https://teams.microsoft.com/l/meetup-join/19%3ameeting_NjliNTc4NzgtN2JlMy00NzU2LTk5MDMtOWY3ZGRhZmVhMzJh%40thread.v2/0?context=%7b%22Tid%22%3a%22cbac7005-02c1-43eb-b497-e6492d1b2dd8%22%2c%22Oid%22%3a%22fe09f2f9-f07c-455d-9223-a1b38a772f22%22%7d

If you are not able to attend this event, but would still like to participate in the RFI exercise, please contact matthew.findlow@dsit.gov.uk or jack.millward@dsit.gov.uk for further details. The Department DSIT will not be accepting any RFI responses beyond the 26th January 2024.

two.3) Estimated date of publication of contract notice

1 March 2024


Section four. Procedure

four.1) Description

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes