Administration of ESIF Internationalisation Funds for SMEs in England
Awarded 02 Aug 2020
About
Department for International Trade awarded a contract to Capita Business Services for the administration of four European Structural and Investment Fund (ESIF) projects delivering Internationalisation Funds to small and medium-sized enterprises (SMEs) in England.
The contract, valued at approximately AUD 2,670,163.33, covers the full SME fund appraisal, award, and payment process, including development and administration of a fully ESIF-compliant process.
The Fund Administrator will work closely with DIT's regional International Trade Adviser delivery partners to manage a pipeline of eligible SME applicants.
The combined value of the ESIF projects is approximately GBP 35,700,000 over three years, with an estimated 7,000 successful fund awards averaging GBP 5,000 each.
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