SE987 Crowdfunding Platform and Associated Services

Concepts

• finance
• sport england
• high-level purpose of the crowdfunding platform
• consultancy services
• crowdfunding platform
• platform
• england
• unilateral option of sport england
• longer term
• estimated sport england

Location

Description

Sport England is seeking to appoint a Provider for a crowdfunding platform, providing coaching and support to not less than 1,000 selected projects per annum who need to generate alternative sources of investment to sustain their business, both now during Covid, return to play and longer term. The high-level purpose of the crowdfunding platform is to deliver community rewards-based campaigns under the brand 'Active Together'. Sport England is seeking through this tendering process to award a contract with a suitably capable contractor to provide these Services for a term of 36 months and a unilateral option of Sport England to extend for further periods up to a maximum of six months at no additional cost. The anticipated contract value is up to £420,000 over the initial contract period. The estimated Sport England annual contract value is £60,000. Based on historic annual figures of 500 successful campaigns, attracting 50,000 supporters raising £3.5m, this could generate around £80,000 per annum income from fees.

Award Detail

CPV Codes

• 66171000 - Financial consultancy services

Indicators

• Contract is suitable for SMEs.