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Awarded United Kingdom Services

Liverpool City Region Seed Fund: Fund Manager

Buyer: Liverpool City Region Combined Authority

Published
9 July 2025
Estimated value
£1,072,500
Place of performance
UKD7
Procedure
Open procedure
Lots
1
Notice number
038634-2025
Reference
ocds-h6vhtk-047e49
Official source
Official source

Description

Liverpool City Region has one of the UK's most developed place-based innovation ecosystems. However, despite high business birth rates, Liverpool City Region has relatively low levels of high growth enterprises. This is in part due to a lack of finance at the crucial seed stage of investment. Research commissioned by Liverpool City Region Combined Authority indicates that 'providers of Seed Fund investment in Liverpool City Region are limited' despite a strong pipeline of demand. Liverpool City Region Combined Authority has committed to investing in the LCR Seed Fund. The Combined Authority is leading on the procurement and selection of a Fund Manager. This forms part of a wider programme of activity to stimulate the growth of early stage businesses with high-growth potential. The CA will be conducting a tender exercise to seek a high-quality Fund Manager able to meet the objectives oft he Fund. This will include consideration of the scale of Fund, options to leverage additional investment and proposals to embed activity in the Liverpool City Region Innovation Eco-System.

Awards

Awarded toAmountDate
LCRSF GENERAL PARTNER LTD — —

Official publications

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Frequently asked questions

What is the estimated value of this tender?
The estimated value published by the buyer is £1,072,500.
Who is the buyer of this tender?
The contracting authority is Liverpool City Region Combined Authority (United Kingdom).
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Data collected from official public procurement sources. Amounts as published by the buyer.