Civic Finance Commission

Description

This ITT refers explicitly to the supply of suitable qualified professional services to produce a research report into identifying and amplifying best practice and identifying new and or under utilised mechanisms for the raising of place-based finance to fund investments in regional innovation ecosystems. In particular, we are interested to explore tools which enable local public bodies and or community assets/ interests to take a financial interest in the success of their place. Likewise, we are keen to understand possible mechanisms and barriers that are challenging such groups in raising finance to deliver their aspirations. This might include but not exclusively Community Finance Development Initiatives (CFDIs, Community Ownerships, Social Investment etc). It is expected that suppliers will undertake a mix of primary (through identifying and engaging with key stakeholders) and secondary research, building on the range of existing initiatives, funds and literature on the subject. This project complements an existing research project the Catapult is running, looking at Civic Bonds and Smart Commons. The projects, while independent will be expected to and benefit from collaboration and cross-referencing each other. Keywords: Finance Research