The Combined Authority therefore requires an Fund Manager to manage this fund on its behalf.
West Yorkshire Business Accelerator Fund Manager
West Yorkshire Combined Authority
Banking and investment services – 66100000
Investment banking services and related services – 66120000
Location of contract
Value of contract
£15,000,000 to £20,000,000
PROJECT NO. CA1489
2 June 2021
2 July 2021
Contract start date
15 September 2021
Contract end date
1 September 2031
Open procedure (OJEU)
Contract is suitable for SMEs?
Contract is suitable for VCSEs?
The Combined Authority has identified a need for additional regional funding for high growth SME’s. An opportunity therefore exists for the creation of a new funding product via a Combined Authority commercial investment fund to drive inclusive growth, boost productivity and drive green growth in line with the Strategic Economic Framework Priorities. Using money previously invested and recycled through the Growing Places Fund, the Combined Authority has ring-fenced £20m (total) to establish a new commercial investment fund – the West Yorkshire Business Accelerator Fund (WYBAF or the Fund). The Combined Authority therefore requires an Fund Manager to Manage this Fund on its behalf.