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Innovation Fund Short List

DWP have released a short list of bidders from the first round of Innovation Fund bids.  Organisations were invited to submit bids, with social investment at the heart of the model, to support vulnerable young people who are already disadvantaged or early intervention to prevent young people at risk. DWP expect to award 8-12 contracts in total as a result of this bidding round and a further bidding round due in the Autumn.

24 different organisations submitted 39 short listed bids, and are now being invited to develop a more detailed proposal.  These are (multiple bids numbers in brackets):

  • Advantage42 Ltd
  • APM UK Ltd
  • Capital Engineering Group Holdings
  • Community Links
  • Indigo Project Solutions
  • Lilian Black Associates
  • London Borough of Hammersmith & Fulham
  • Manchester City Council
  • North Lanarkshire Council
  • Northwood Valley Consulting Ltd (3)
  • Nottingham City Council
  • Pluss
  • Prevista
  • Private Equity Foundation
  • Rehab Group
  • Robert Owen Investors LLP
  • Senate Consulting Ltd
  • Shepherds Bush Housing Association
  • Social Enterprise London
  • Social Finance (13)
  • The Social Investment Business
  • The Wise Group (2)
  • Triodos Bank
  • Warm Wales - Consult Cymru

 

At this stage we have no detail about the delivery organisations associated with these bids but look forward to seeing the final handful.  

Watch out for round 2 of the Innovation Fund on the DWP website in the very near future.

 

23 September 2011


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