The Provision of Investment Management Services for the Scottish Universities Fund Ignition Strategy

Scottish National Investment Bank
Open procedure

Establishment and operation of an investment vehicle for a £15 million segregated mandate, with a single investor. The manager will exercise delegated discretion to invest in early-stage, innovation-led companies originating from universities, supporting their creation, growth and long-term scaling.

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Closes in 5 days· 10 November 2026

Estimated value: £6.5m; Buyer estimate
Published: 9 October 2026
Deadline: 10 November 2026; 5 days left
Contract length: Not stated

What the contract covers

Segregated investment mandate

Investment management services for a segregated mandate investing in early-stage, innovation-led university-originated companies, including investment vehicle establishment and portfolio management.

Establish and manage a 15 million GBP segregated investment mandate for the delivery of the Scottish Universities Ignition Fund Strategy
Establish and operate an appropriate investment vehicle through which the Mandate will be delivered

Lot	Estimated value	SMEs
Lot 1	£6.5m	Not stated
Lot 2	£6.5m	Not stated

Terms and requirements

Contract type: Segregated investment mandate
Procedure: Open procedure
Initial term: 4 months
Certifications asked for: FCA authorisation and all required FCA permissions
Lots: 2
Suitable for SMEs: Not stated
Category: Services
CPV codes: 66100000

Services in this tender

Business finance fund managementMain service£60k typicalManaging a segregated investment mandate for a university spin-out fund

Lifecycle

Published
9 October 2026
Deadline for bids5 days left
10 November 2026
Contract awardedUsually published within a few months
Contract starts

The buyer

Scottish National Investment Bank

Type: Locked
Contracts, 24 months: Locked
Recorded value: Locked
Typical contract: Locked
Open angel investment fund tenders: Locked

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Contact details

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Website: Locked
Address: Locked

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Cite this tender

Link: https://bidskim.com/tender/3876076/the-provision-of-investment-management-services-for-the-scottish-universities-fu
Buyer reference: CON-0313
Open contracting ID: ocds-r6ebe6-0000840049
Last checked: 5 November 2026

Scottish National Investment Bank. The Provision of Investment Management Services for the Scottish Universities Fund Ignition Strategy. Tender, 9 October 2026. BidSkim, https://bidskim.com/tender/3876076/the-provision-of-investment-management-services-for-the-scottish-universities-fu (accessed 5 November 2026).