High Growth Accelerator Programme

Concepts

• birmingham
• management consultancy
• business support programmes
• internal support programmes
• high growth accelerator programme
• high-growth businesses
• accelerator
• consultancy services
• third party support
• peer

Location

Birmingham

Description

The West Midlands Combined Authority (WMCA) is commissioning a range of business support programmes to address the region’s economic priorities. The High Growth Accelerator Programme forms part of these suite of programmes and will be funded via the Commonwealth Games Legacy Fund, aiming to complement existing schemes available locally as well as nationally. The High Growth Accelerator Programme aims to help high-growth businesses in the West Midlands (WM) manage their growth more sustainably, to increase the pace of growth and its duration. It will do this through a range of potential interventions including, but not limited to, intensive one-to-one coaching, peer-to-peer support and workshops.

Total Quantity or Scope

WMCA intend to award one contract to a Provider with a demonstrable track record of providing in-depth support to “High Growth” firms. The provider can be a single organisation or part of a consortium. If bidding as a consortium, a declaration must be made confirming all members of the consortium and their respective roles in delivery of the services and a lead organisation must be appointed to enter the contract with WMCA if successful. In delivering the programme, the Provider will be required to carry out the following activities: Brand and collateral The Provider will provide a distinctive brand and marketing collateral to promote the High Growth Accelerator Programme to the eligible businesses, explaining the offer succinctly. Business Engagement & Recruitment The Provider will be required to engage with stakeholders to support the promotion of the programme, including universities, internal support programmes (such as the Investment Readiness Programme), private sector networks and providers such as Federation of Small Businesses (FSB) and Institute of Directors (IoD), banks, accountants and solicitors etc. Discovery meeting and baseline position Following a referral and initial diagnostic from the Business Growth West Midlands service, the Provider will be required to arrange an initial meeting with the participant business to develop the completed diagnostic and understand how to best meet the needs of the business and achieve the aims of the programme. The Provider will then prepare an improvement plan, agreeing a baseline of the company’s performance, and detailing the proposed activity over the duration of the programme to continue growth sustainably and include costings against each activity proposed. Active account management Rather than simply offering advice and guidance, the Provider will be required to actively work on behalf of the participant businesses to achieve the goals set in the improvement plan over the lifetime of the programme. The Provider will be required to work closely and in collaboration with the Business Growth West Midlands team and Local Authority (LA) account managers to involve third party support where relevant and suitable. Activity will be delivered predominantly as one-to-one support but can include a range of support such as small group workshops, peer-to-peer workshop activity, best practice visits etc. where there are additional benefits mutually agreed by all participants. The Provider will provide the participant businesses access to a network of mentors, coaches, non-executive directors, investors, and other expertise. Assist and inform an independent evaluation An independent evaluation will be commissioned by a third party, to commence midway through the programme. This will provide initial feedback to the Provider and WMCA to help inform delivery. The provider will facilitate access to businesses taking part in the programme to assist with the independent evaluation.

CPV Codes

• 79400000 - Business and management consultancy and related services

Indicators

• Bids should cover the whole contract.
• Renewals are not available.
• Award on basis of price and quality.