Invitation to Tender: HealthTech Consultancy Services Feb 2021 - Sept 2021

3. Tender objective

The CTI team have an existing pipeline of 47 prospective inward investor leads and continues to receive enquiries as a result of marketing activity and lead generation. CTI is looking to appoint an experienced Healthtech consultant to support the CTI team in promoting a compelling proposition to foreign businesses and converting at least 10 inward investments before September 2021. Conversion will be the result of the foreign business investing in an operating registration in Cornwall with the intention to recruit.

Armed with a thorough understanding of the healthcare system both on a national, regional and local scale in addition to a strong understanding of Cornwall's business landscape, the successful tenderer will be expected to work directly with businesses alongside the CTI team.

The successful tenderer will ensure all project activity is focused on achieving the commission target to secure at least 10 ERDF eligible inward investors by September 2021.

3. Targeted inward investment CTI is seeking to secure at least 10 inward investors before the project completion date of 30th September 2021. CTI is seeking to work with high-growth, ambitious, businesses to ensure the projects meets its job creation target of 150.

3. Output requirements Each business is required to formally register a business address in Cornwall. The CTI team are required to demonstrate that a minimum of 12 hours of support has been provided to the business to support the inward investment. The successful tenderer will be expected to work alongside CTI's Trade & Investment Managers and contribute to the 12 hours of support provided. Adequate records to evidence support will need to be maintained by the successful tenderer for state aid purposes.

4. Tender requirements

The successful tenderer will be expected to undertake the following activities:

• 4.1Pipeline analysis and market insights
• The successful tenderer will support the CTI team to triage and prioritise new and existing leads in the pipeline that best meet the challenges and needs of the local healthcare system based on specialist knowledge and insights from within the sector.
• Building on CTI's existing mapping of the healthcare ecosystem in the region and beyond, the successful tenderer will use its expertise to identify opportunities and routes to support inward investment.
• Drawing on its extensive knowledge of the healthcare ecosystem in the region and understanding of inward investor requirements, the successful tenderer will provide key insights to troubleshoot issues encountered in providing a clear route to market, and match businesses with previously unexplored routes to support.

Please submit the Tender document by email by 29th January 2021. Please send by email to tenders@cornwalldevelopmentcompany.co.uk with the following wording in the subject box: "Tender 494 Strictly Confidential. HealthTech Consultancy Services".