Consultancy Services for an Innovation Challenge Tender - 51746063

Procurement Summary

Country: Trinidad and Tobago

Summary: Consultancy Services for an Innovation Challenge Facility Management Firm

Deadline: 15 Apr 2021

Posting Date: 30 Mar 2021

Other Information

Notice Type: Tender

TOT Ref.No.: 51746063

Document Ref. No.: ATN/ME-17852-TT/GRT/ER-17966-TT

Competition: ICB

Financier: INTER-AMERICAN DEVELOPMENT BANK (IDB)

Purchaser Ownership: -

Tender Value: Refer Document

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Tender Details

Expression of Interest are invited for Consultancy Services for an Innovation Challenge Facility Management Firm.
Posted on: 2021-03-26T00:00:00.00-04:00
DB Reference N°: IDB-P702398-03/21
Country: Trinidad and Tobago
Institution: Inter-American Development Bank
Sector: General - Industry
Deadline: 2021-04-15T00:00:00.00-04:00
Status: Published
Loan N°./Financing: ATN/ME-17852-TT; GRT/ER-17966-TT
Project: Shaping the Future of Innovation
Title: Consultancy Services for an Innovation Challenge Facility Management Firm
Borrower/Bid No: CAR/IDB/EU/2021-001
CARIBBEAN INDUSTRIAL RESEARCH INSTITUTE
SHAPING THE FUTURE OF INNOVATION
ATN/ME-17852-TT/GRT/ER-17966-TT
REQUEST FOR EXPRESSIONS OF INTEREST
CONSULTING SERVICES
Institution: European Union and Inter-American Development Bank
Country: Trinidad and Tobago
Project: Shaping the Future of Innovation
Abstract: Consultancy Services for an Innovation Challenge Facility Management Firm
Grant No.: ATN/ME-17852-TT; GRT/ER-17966-TT
Contract/Bid No.: CAR/IDB/EU/2021-001
Deadline: 9:59 am A.S.T., Thursday 15

th April 2021

The Caribbean Industrial Research Institute (CARIRI) has received financing from the European Union and IDB

Lab, a member of the Inter-American Development Bank Group (IDB), for the Project, “Shaping the Future of

Innovation”. The specific objective of the project is to catalyze an increase in innovation activity to drive business led

economic growth and jobs, via the development of new markets, products, services, and business models.

The intervention will include three major components that will be implemented concurrently.

(i) Component 1: The Innovation Challenge Facility

[1]

: SMEs and other organizations will be invited to

participate in a competitive call inviting applications for financing of innovation proposals

[2]

. This call will be a

2-step process and some technical support will be provided to prospective applicants in preparation of their

proposals. The fund will finance innovation in goods, services and busines models for applicants qualifying

under each call.

(ii) Component 2: Building Industry and Academic Linkages: This component is geared towards piloting a

programme that will improve collaboration between tertiary level postgraduates and local firms in Trinidad and

Tobago. In this component a platform will be established linking postgraduates, with private sector firms

seeking an intern specialized in specific areas to advance R&D /Innovation within their respective

organizations.

(iii) Component 3: Building the Innovation Network: Activities under this component will seek to build a network

model linking local actors as well as external (regional and international) accelerators, incubators, academic

institutions, venture capital funds and company builders to create an innovation network that can support

continuity and expansion of the innovation thrust in Trinidad and Tobago.

CARIRI intends to apply part of the project funding for consulting services to assist in delivery of activities

identified under Component 1and 2.

The specific objective of this consultancy is to structure, implement and monitor the Innovation Challenge Facility

in collaboration with CARIRI. This facility will be a competitive and demand-driven fund that will provide grant financing to

organisations in Trinidad and Tobago to commercialize or scale innovation. It is envisaged that a management consultancy

firm with the requisite expertise willsupport day to day operations of this facility under the direction of CARIRI. This firm will

be responsible for promoting the facility, organization of calls for proposals every six months, supporting an independent

expert advisory panel in initial screening and shortlisting of stage one applicants, supporting applicants in development of

detailed innovation financing proposals, linking applicants to other relevant funding sources and accelerator/company builders,

development of legal agreements with applicants selected for financing, as well as monitoring, provision of ongoing technical

and advisory support, and reporting on beneficiaries- performance in the post approval phase.

The innovation challenge will be open to allsectors, with the exception of primary Oil and Gas extraction and production as

well as purely academic research projects with no commercialization potential. Priority areas will include

Technologies for Inclusion, ICT, Renewable Energy, Energy Efficiency, Waste Reduction, High Value Agribusiness, and

Manufacturing.

Under Component 2 the firm will assist in the definition and management of a suitable platform for matching potential interns

with organizations seeking short term engagement of graduates with specialized skills that may not be available within their

organization. In this regard, the firm will provide support to CARIRI in assisting in the assignment of interns and in the

monitoring and reporting on results.

Please see a further description of the project in Annex 1

This Consultancy requires management consulting firms to demonstrate experience and/or capabilities, as

follows:

(i) Minimum of 5 years- experience managing innovation projects in the private sector.

(ii) Prior experience managing calls for proposals for funding from the private sector.

(iii) Demonstrated knowledge and experience in SME innovation.

(iv) Demonstrate access to key team members that have multi-sectoral experience as well as an

understanding of technology for innovation.

(v) Project Management experience and certification

(vi) Quality Management systems for management of client engagements

(vii) Knowledge of innovation in the context of Small Countries

(viii) Fluency in English language

(ix) Understanding and experience in application of IDB and EU policies and procedures regarding

project execution and fiduciary management would be an asset.

(x) Local experience will be an asset.

A maximum indicative budget of US $400, 000 has been allocated for this consultancy for a period of 4 years.

CARIRI now invites eligible management consulting firms, (“Consultants”) to indicate their interest in providing

the services as outlined through the submission of an Expression of Interest (EOI). Interested Consultants should

provide information demonstrating that they have the required qualifications and relevant experience to perform

the required services.

Estimated Duration of the Contract: an initial 12 months with an option to renew for an additional period of up to

36 months

Consultants will be selected in accordance with the procedures set out in the Inter-American Development Bank:

www.iadb.org/en/projects/project-procurement GN-2350-15 and is open to all eligible bidders as defined in the

policies.

Consultants will also be selected in accordance with the procedures as outlined by the EU, specifically

compliance with EU restrictive measures as outlined at the following link https://www.sanctionsmap.eu/#/main.

Please note this opportunity is open to providers from IDB member countries, and countries recognized by the

EU as eligible.

Please access the list of IDB Eligible Countries and Territories for IDB-financed contracts via the following link:

Project Procurement | IADB

Please access the list of EU Eligible Countries and Territories as defined in Part II of Annex a 2a of the “External Action

Financial Instruments and European Development Fund- Rules on Participation in the Procurement Procedure and Grants

(PRAG)” via the following link:

https://ec.europa.eu/europeaid/prag/annexes.do?annexName=A2a&lang=en

Consultants may associate with other firms in the form of a joint venture or a sub-consultancy to enhance their

qualifications. For the purpose of establishing the short list, the nationality of a firm is that of the country in which it is legally

incorporated or constituted and in the case ofJoint Venture, the nationality of the firm appointed to represent it.

A Consultant will be selected in accordance with the Quality and Cost Based Selection method set out in the

IDB-s Consultant Policies GN-2350-15.

Any request for clarification must be sent by11:59pm A.S.T., Sunday 4

th April 2021 with the heading

“Request for Clarification” in writing by electronic mail to CARIRI-s address as follows:

Attention: The Project Chief - Shaping the Future of Innovation

Email: [email protected]

Please note there will not be an individual response to requests for clarifications, all responses will be posted

publicly by CARIRI and can be accessed via the following link:

https://future.cariri.com/

Please note CARIRI will not provide additional updates and/or responses after 11:59pm A.S.T., Friday 9

th

April 2021

Consultants must submit their EOIs no later than 9:59 am A.S.T., Thursday 15

th April 2021

via email to [email protected]

Late EOIs will not be considered under any circumstances.

ANNEX 1

Project Description

I. Project Name: Support to Competitive and Innovative Economy in Trinidad & Tobago - Shaping the Future of

Innovation

II. Funding Source: IDB Lab and the European Union (“EU”)

III. Executing Agency: The Caribbean Industrial Research Institute (CARIRI) will act as the Executing Agency for this

operation

IV. Project Description:

The specific objective of the project is to catalyze an increase in innovation activity in order to drive business led

economic growth and jobs, via the development of new markets, products, services and business models,

increased efficiency, and competitiveness. The intervention will include three major components that will be

implemented concurrently.

Component I: The Innovation Challenge Facility

The Executing Agency (“CARIRI”) will establish a competitive and demand-driven innovation challenge facility

targeting organizations in Trinidad and Tobago (“T&T”) that are seeking financing for innovation in products, services,

channe

Documents

 Tender Notice