2023-DB-005 - EXPANSION OF FCC'S VENTURE CAPITAL PROGRAM (2023-DB-005)

Request for Proposals (RFP) – Expansion of FCC's Venture Capital Program

About FCC 

FCC is Canada’s leading agriculture and food lender, with a healthy loan portfolio of more than $47 billion. Our employees are dedicated to the future of Canadian agriculture and food. We provide flexible financing, AgExpert management software, information and knowledge specifically designed for the agriculture and food industry. As a Crown corporation, we provide an appropriate return to our shareholder, and reinvest our profits back into the industry and communities we serve. For more information, visit fcc.ca.  

RFP Scope: 

Farm Credit Canada has had a venture capital program for 20 years. It is currently delivered through a ‘fund of funds’ program with investment in externally managed venture capital funds. The program is currently focused on the following key objectives:  

Become the trusted partner and catalyst of the Canadian Agriculture and Food Venture Capital ecosystem  

Act as a lead ecosystem investor, collaborating to provide capital and knowledge  

Drive innovation, sustainability, productivity and success for the Ag & Food industry   

With this background, FCC is issuing an RFP for support of the development of an expanded venture capital program. FCC is looking for an unbiased opinion, supported by research and industry best practices, to substantiate recommendations in the areas of organizational structure, program governance and related roles, and the refinement of FCC’s strategic investment thesis, target market and investment channels approach. FCC is looking for one or more consultant(s) to perform the engagement. FCC anticipates the consultant would provide an individual(s) to work alongside FCC’s venture project team to develop these initial deliverables, who can also leverage the expertise and information of the broader consulting firm. 

RFP Schedule: 

RFP issue date: March 28, 2023 

Vendor questions accepted until: April 5, 2023 at 2:00PM* 

RFP closing date and time: April 24, 2023, at 2:00 PM * 

*Note: All times are CST, Saskatchewan 

RFP Process Considerations 

Vendors should note that: 

this opportunity notice references a non-binding, competitive RFP, not a call for tenders. FCC is not obligated to proceed with the work described in the RFP scope, and may cancel the RFP at any time. 

FCC’s procurement process allows for negotiation between FCC and one or more vendors, prior to awarding a contract. 

Requesting the RFP Document:

Capable vendors who are interested in receiving a copy of the RFP document are to contact:

Dhruv Bhatt 

Procurement and Vendor Manager 

Farm Credit Canada

procurement@fcc.ca  

Note: Vendors do not receive the RFP document by registering for the list of interested suppliers (“LIS”) on buyandsell.ca. Vendors must request the RFP document through FCC’s designated RFP contact.