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Services for ESIF Internationalisation Fund Administration

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What the buyer wrote

The DIT is seeking a service provider to manage the Fund Administration of four DIT European Structural & Investment Fund (ESIF) projects delivering "Internationalisation Funds" to small and medium sized enterprises (SMEs) in England. The combined value of the ESIF projects is c£35.7m over three years, but there is the potential for the value to increase if more ESIF funding is made available. These projects will provide co-investment funding to SMEs, subject to meeting the relevant criteria for that project. Average fund (grant) size is expected to be c£5k, which suggests over 7,000 successful fund awards to SMEs will be required over the contract period. The Fund Administrator will be r…

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Details

What the buyer calls it
Services for ESIF Internationalisation Fund Administration
How they are buying
Advertised, shortlist firstSuppliers applied to be considered, and the buyer picked who went on to bid.
Type
services
Suitable for small firms
The buyer says yes. What that is worth
Work starts
31 Mar 2020
Work ends
31 Mar 2023

Who the buyer named

Keith Jackson was the named contact on this notice.

Keith.jackson@trade.gov.uk