Investment Ready Programme

Descriptions

Introduction Funding London seeks to engage a subject matter expert to deliver in depth content on early-stage investment for twelve group sessions between 15/03/2022 and 16/12/2022 focused on topics outlined in the 'Scope of Work'. This programme is delivered by Funding London for the London Business Hub. About Funding London SME Wholesale Finance (London) Limited, trading under Funding London, was established in 2004 by the then Mayor of London with the specific long-term mandate to support the Economic Development Strategy for London through its SME funding activities. We are a wholly owned subsidiary of the Greater London Authority. More information about our activities and our funds can be found at www.fundinglondon.co.uk About the Investment Ready Programme 1.Background and context The Investment Ready Programme is designed as a pilot project to help London based SMEs, especially those led/managed by female, disabled or ethnic minority founders raise equity or debt finance. The overall goal is to help SMEs raise external finance by removing barriers to fundraising through targeted support. 2.Programme Objectives The programme will seek to: 1)Increase the value of investments made into SMEs from underrepresented groups; 2)Address presentation failures; and 3)Enable at least £2.5 M of investment, of which £1.5M to be raised by companies founded/led by underrepresented founders (female, disable and ethnic minority) Scope of Work The subject matter expert will help Funding London select eligible participants will provide content in the following areas for each cohort: •Fundraising strategy and funding options •Building and presenting the deck and the story •Financial modelling and valuation •Creating a data room and investor FAQ All the above are a combination of online and face-to-face group sessions. We expect these to be interactive sessions, lasting between three to four hours. A detailed scope of work and the bidding process can be found in the attachment of this notice. Please visit for further information. Budget We have a maximum budget of £40,000 (incl. VAT) to cover the delivery of 12 group sessions. Deadline for submission of proposals Submit your proposal addressing the scope of work, proposed budget and providing relevant credentials (skills and experience) by 11 February to bianca@fundinglondon.co.uk. You will be contacted separately after your proposal has been reviewed. Questions and clarification Please visit attachment 'Scope of work and bidding process' for further information. If you require additional clarification, please send your questions at bianca@fundinglondon.co.uk before 31 January.