Creative Industries Growth Fund

Creative Industries Growth Fund

Capital funding will be made available through the Creative Industries Growth Fund to:- •Fund the initial capital start up costs for a creative industry business at The Icehouse Quarter.

Reference number: CIGFAUG2013

Deadline date:20/09/2013

This deadline is for… The return of completed submissions

Contract value:£1 – £50,000

Location where the contract is to be carried out: Barking and Dagenham

Is this suitable for smaller suppliers? Yes

Is this contract suitable for a voluntary, community and social enterprise organisations? Yes

Name of the buying organisation: London Borough of Barking and Dagenham

 

Description of the contract

The London Borough of Barking and Dagenham is establishing a dedicated Creative Industries Growth Fund. The fund is aimed at growing the creative industry sector within the borough and creating employment opportunities, work experience, training and apprenticeships for local residents. Support to individuals starting up a business will also be a feature of the programme. The fund is primarily for activity related to the creative industries sector. This fund aims to support creative industries while at the same time focusing on local employment and economic growth opportunities. Capital funding will be made available through the Creative Industries Growth Fund to:- •Fund the initial capital start up costs for a creative industry business at The Icehouse Quarter ( attached for space available www.thegranarybarking.co.uk) •Create employment and training opportunities for borough residents •Offer apprenticeship opportunities for young people •Offer support (mentoring) to small and medium size business in the creative industries sector Funding of up to £50,000 is available for capital start up costs for a new creative industry. The funds will take the form of an interest free loan repayable over an agreed term of no more than 3 years . Studio space will be made available at the Icehouse Quarter. All other costs including running and staff costs are to be provided by the successful bidder. A business plan and repayment model should be submitted as part of the bid submission.

 

Documents

Classification of the contract

92312000 Artistic services

39525000 Miscellaneous manufactured textile articles

 

Additional information

Contract type: Services – Unspecified

Is it a framework agreement? No

Is this contract related to a programme of funding? Yes : Economic Development Growth Fund

Contract will be awarded based on: Most economically advantageous tender in terms of: The criteria stated in the contract documents

Estimated length of contract: 36 Months

 

Who to contact

Contact name Mamta Toohey

Organisation name London Borough of Barking and Dagenham

Address Regeneration& Economic Development, Barking Town Hall, Barking, Essex, IG11 7LU

Telephone 0208 724 8239

Extension number:

Fax

Web address www.lbbd.gov.uk

 

How to apply

If you think that this is a project that interests you please express your interest by email to mamta.toohey@lbbd.gov.uk. The closing date for the return of completed submissions is 12 noon on Friday 20 September 2013.