# Evaluation of new finance products for innovation - scoping a pilot and impact evaluation

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [UK SHARED BUSINESS SERVICES LIMITED](/buyers/uk-shared-business-services-limited/contract-awards)
- Contract winner: [SQW Ltd](/contract-winners/sqw/public-sector-contract-awards)
- Award value: £41,225
- Tender value: £41,225
- Award date: 21 June 2016
- Published: 18 November 2016
- Contract start: 27 June 2016
- Contract end: 30 September 2016
- Stage: awarded
- Procurement category: services
- Notice ID: 338059db-9b7b-4078-b484-c9a600cb68fc-109128
- OCID: ocds-b5fd17-2b50cc9f-adca-11e6-9901-0019b9f3037b

## Description

BIS Research & Evaluation Framework - Lot 3 Innovate UK will be piloting new financial products for innovation\. These will complement existing innovation grant support and add to the range of financial products available\. This Invitation for Tender, issued by the Department for Business, Innovation and Skills \(BIS\), is for a scoping study for the first stage of work to develop a pilot and impact evaluation framework for the new finance products and will look to develop a sound theory of change and logic model against which to evaluate the policy; and to review and prioritise the data which will need to be collected \(and the means for collecting it\) to ensure effective evaluation is possible\.

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## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/338059db-9b7b-4078-b484-c9a600cb68fc-109128)