SSBCI INVENT Investment Advisor

The State of Illinois is seeking a single, experienced investment‑advisor firm to provide on‑demand consulting services for the SSBCI INVENT fund, a $114 million venture‑capital program. The advisor will manage the full investment lifecycle—application intake, eligibility screening, due‑diligence, investment memos, portfolio monitoring, reporting, and exit support—on a request‑by‑request basis over an initial four‑year term (extendable to ten years). Compensation will be based on a blended hourly rate, with the vendor required to enter a $1 million budget for the four‑year term. The solicitation includes mandatory diversity‑commitment scoring and extensive compliance disclosures. • On‑demand, hourly‑based advisory services covering deal sourcing, analysis, portfolio management, and reporting. • Mandatory submission of vendor disclosures, technical response, and a Commitment‑to‑Diversity answer form. • Single‑vendor award; subcontractors may be used but prime remains fully responsible.