Contract for the Administration of a Business Loan Fund In Staffordshire
key details
| Value | £700,000 |
|---|---|
| Status | complete |
| Category (CPV) | 66190000 |
| Region | West Midlands |
| Deadline | 9 Oct 2015 |
| Contract start | 1 Dec 2015 |
| Contract end | 31 Dec 2018 |
| Procedure | open |
| SME suitable | Yes |
| OCID | ocds-b5fd17-cb434769-adc8-11e6-9901-0019b9f3037b |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| Black Country Reinvestment Society Ltd | £700,000 | 9 Nov 2015 | active |
description
The County Council working in partnership with the City Council, is seeking a Fund Manager to deliver loans to small businesses that have been unable to access finance from mainstream sources such as banks.
The Fund Manager will offer loans of £10,000 to £50,000 across Staffordshire and Stoke-on-Trent. The loan capital will total approximately £1,500,000 with £750,000 from the Fund Manager £600,000 from the County Council, and approximately £150,000 from the legacy fund of the NSRCF). The City Council may also contribute up to £150,000.
Additional information: The County Council is running this as an electronic tender. A user guide is attached to help you register on the SCC etendering portal
notice history
1 notice published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 17 Sept 2015 | Award (award) | · | ocds-b5fd17-cb434769-adc8-11e6-9901-0019b9f3037b-74518-pc596 |
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source
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