Establishment of a Nationwide Seed Fund — Consultancy and Management Environment

Innovasjon Norge

The procurement is based on the draft resolution 85 S (2017-2018), Report 400 S(2017-2018) and Nærings- og fiskeridepartementets (NFD’s) [the Ministry of Trade, Industry and Fisheries] supplementary letter of assignment to nnovasjon Norge [Innovation Norway], dated 7.11.2018.
Innovation Norway wants to find a management environment for the fund that government capital has been granted for. This means that the management environment awarded the assignment will be given a mandate to obtain the capital from private investors for the purpose of establishing the seed fund.
Click here https://permalink.mercell.com/101813684.aspx

Frist

Fristen for mottak av tilbud var 2019-04-12. Anskaffelsen ble publisert 2019-03-13.

Hvem?

• Innovasjon Norge

Hva?

Hvor?

• Norge
• Oslo

Anskaffelseshistorikk

Dato	Dokument
2019-03-13	Kunngjøring av konkurranse

Kunngjøring av konkurranse (2019-03-13)
Gjenstand
Anskaffelsens omfang
Tittel: Financial management consultancy services
Referansenummer: 2019/103968
Kort beskrivelse:

The procurement is based on the draft resolution 85 S (2017-2018), Report 400 S(2017-2018) and Nærings- og fiskeridepartementets (NFD’s) [the Ministry of Trade, Industry and Fisheries] supplementary letter of assignment to nnovasjon Norge [Innovation Norway], dated 7.11.2018. Innovation Norway wants to find a management environment for the fund that government capital has been granted for. This means that the management environment awarded the assignment will be given a mandate to obtain the capital from private investors for the purpose of establishing the seed fund. Click here https://permalink.mercell.com/101813684.aspx

Metadata for kunngjøring
Originalspråk: engelsk 🗣️
Dokumenttype: Kunngjøring av konkurranse
Kontraktens art: Tjenester
Forskrift: Det europeiske økonomiske samarbeidsområdet (EØS), med deltakelse av GPA-land
Felles innkjøpsordliste (CPV)
Kode: Rådgivning i forbindelse med økonomisk forvaltning 📦
Tilleggs-CPV: Tjenester i forbindelse med forvaltning av aktiva og depot 📦
Utførelsessted
NUTS-region: Oslo 🏙️

Prosedyre
Prosedyretype: Konkurranse med forhandling
Tilbudstype: Innlevering for alle delkontrakter
Tildelingskriterier
Det mest økonomisk fordelaktige tilbudet

Oppdragsgiver
Identitet
Land: Norge 🇳🇴
Type tildelende myndighet: Offentligrettslig organ
Navn på tildelende myndighet: Innovasjon Norge
Postadresse: Akersgata 13
Postnummer: 0158
Poststed: Oslo
Kontakt
Internettadresse: https://permalink.mercell.com/101813684.aspx 🌏
E-post: anne-berit.ostby.urke@innovasjonnorge.no 📧
URL for dokumenter: https://permalink.mercell.com/101813684.aspx 🌏
URL for deltakelse: https://permalink.mercell.com/101813684.aspx 🌏

Referanse
Datoer
Sendt dato: 2019-03-13 📅
Innleveringsfrist: 2019-04-12 📅
Publiseringsdato: 2019-03-15 📅
Identifikatorer
Kunngjøringsnummer: 2019/S 053-123535
OJ-S-utgave: 53

Gjenstand
Anskaffelsens omfang
Kort beskrivelse:

Innovation Norway wants to find a management environment for the fund that government capital has been granted for. This means that the management environment awarded the assignment will be given a mandate to obtain the capital from private investors for the purpose of establishing the seed fund.

Click here https://permalink.mercell.com/101813684.aspx

Innovasjon Norge manages the government's capital contribution in 3 seed fund schemes. Since 1998, the State has contributed loan capital to 15 seed funds in three so-called waves. In the last wave (2014), the state contributed equity capital to four funds that are all privately owned and operated. These four funds have committed capital of 1 600 000 000 NOK kroner. An additional co-investment fund has been established with a capital base of 132 400 000 NOK. The last wave, with up to 6 funds, is a completion scheme and represents a unique tool in business development as it secures active owner competence, experience, network and engagement from private industry.

Goal setting:

The long term aim of the nationwide seed fund capital scheme is to support the establishment of innovative, international competitive growth companies in an early phase nationwide and thereby create growth and competence based jobs. This shall be done by increasing access to competent capital and competence and by building up and further developing good management environments.

Guidelines and terms:

Guidelines and terms have been prepared, regulating how the seed funds will operate. These guidelines and conditions are based on the EEA contract's rules on government subsidy and will ensure that the seed funds work towards achieving the objective of the seed capital scheme.

Investment phase, focus and direction:

The seed funds will be limited to undertake first time investments in small businesses [1] less than 5 years in seed grain and the start-up phase [2]. The businesses must be Norwegian, knowledge based and innovative companies with international growth potential. The funds must have the opportunity to invest a minor portion of the portfolio internationally. The seed funds’ industry focus is based on the managers’ competence. The management will occur on a commercial basis.

Previously, a nationwide seed fund was established in Trondheim, Oslo, Bergen and Agder/Telemark. Only one seed fund will be established in Oslo. This means that a new seed fund must be located outside of Oslo, prior to signing the contract. Oslo means Oslo municipality.

If the management company or other legal subjects that have been awarded assignments after 2012 for the management of nationwide seed funds, want to participate in this competition, participation must occur through another legal subject.

Total assets:

The seed funds must be large enough to safeguard competent and robust management of the resources. This means that the minimal management capital for the fund is 300 000 000 NOK, of which the government will participate with up to 150 000 000 NOK. As a rule, the fund must be closed for investors when the capital is committed. With minimum capital of 300 000 000 NOK, additional private capital acquisition will be possible through a new tranche soon after the first capital acquisition. Bank total assets must be financed as cash deposits in the form of equity with 50/50 distribution between private investors and the state. The private investors will have the opportunity to increase their share of the capital base beyond 150 000 000 NOK. Private capital must be equal to the state capital set aside from the subsidy element.

See the tender documents for further information.

Varighet: 12 måneder
Beskrivelse av fornyelser: The contract can be extended for 1 year at a time, to a total of 10 years.

Prosedyre
Rettslig grunnlag: 32014L0024
Tidspunkt for mottak av tilbud: 12:00
Språk som tilbud eller forespørsler om deltakelse kan sendes inn på: norsk 🗣️
Tilbudets gyldighetsperiode: 3 måneder

Oppdragsgiver
Identitet
Nasjonalt registreringsnummer: 986399445
Kontakt
Kontaktpunkt: Anne-Berit Østby Urke
Adresse til kjøperprofilen: http://www.innovasjonnorge.no/ 🌏
URL for dokumenter: https://permalink.mercell.com/101813684.aspx 🌏

Utfyllende informasjon
Klageinstans
Navn: Klagenemdssekretariatet for offentlige anskaffelser
Poststed: Bergen
Land: Norge 🇳🇴
Kilde: OJS 2019/S 053-123535 (2019-03-13)

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