Planning

UKRI-5955 Venture Builder

UK RESEARCH & INNOVATION

This public procurement record has 1 release in its history.

Planning

01 Apr 2026 at 10:36

Summary of the contracting process

The procurement process for the "UKRI-5955 Venture Builder" is being orchestrated by UK Research & Innovation, a public authority located in Swindon, United Kingdom. The initiative is in the planning stage, with a market engagement webinar scheduled for 21 April 2026, and an anticipated launch of the tender in May 2026. This tender focusses on services within the realms of Frontier AI, Engineering Biology, and Advanced Manufacturing and Materials, which are part of the UK government's Industrial Strategy sectors. The procurement will provide around £1.2 million in services, with opportunities for multiple contracts or a consolidated approach, aiming to support university spin-outs in becoming investor-ready. The intended contract period is from 1 October 2026 to 30 September 2027, with a possibility of renewal until 2029.

This tender presents a substantial opportunity for businesses specialising in business development consultancy services, particularly those able to form consortia that blend complementary skills across the mentioned sectors. Small and medium enterprises (SMEs) and voluntary, community and social enterprises (VCSEs) are especially encouraged to participate, as the tender is suitable for these entities. Participation could facilitate significant growth for businesses capable of providing venture-development support to emerging industries, positioning them favourably within Innovate UK's growth sector programmes. By engaging in this process, firms not only contribute to the advancement of technology sectors but can also leverage new business networks and achieve expanded market reach.

Find more tenders on our Open Data Platform.
How relevant is this notice?

Notice Title

UKRI-5955 Venture Builder

Notice Description

Innovate UK intends to procure Delivery Partner services for the UKRI Venture Builder Programme, a new pilot initiative to support deep-tech university spin-out teams in 6 of the priority Industrial Strategy sectors (the IS6 sectors), initially focusing on Frontier AI, Engineering Biology, and Advanced Manufacturing and Materials. The Programme will provide intensive venture-development support over six to nine months to around 20-25 post-ICURe, or equivalent-stage, teams that have completed customer discovery. Its purpose is to convert validated academic research spin-outs into investor-ready companies and position them to progress into Innovate UK IS6 growth sector programmes. The procurement is initially structured around the three sector tracks above; however, the strategy and delivery model are still being established. It has not yet been determined whether the outcome will be separate contracts for each sector or a single contract covering all sectors. Consortium arrangements are welcomed where different organisations bring complementary capabilities across tracks or sub-sectors. A Webinar will be held on 21 April 2026, with the tender expected to launch in May 2026. To Register for the Webinar please access the link: https://events.teams.microsoft.com/event/dc0e9bab-53f0-49b8-be15-8363687e972c@8bb7e08e-daa4-4a8e-927e-fca38db04b7e Participation in the Webinar is optional and gives no advantage in any future procurement.

Planning Information

Market engagement Webinar

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-067a85
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/030253-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME, VCSE
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79411100 - Business development consultancy services

Notice Value(s)

Tender Value
£1,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
1 Apr 20263 days ago
Submission Deadline
Not specified
Future Notice Date
21 Apr 20263 weeks to go
Award Date
Not specified
Contract Period
30 Sep 2026 - 30 Sep 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
UK RESEARCH & INNOVATION
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
SWINDON
Postcode
SN2 1FL
Post Town
Swindon
Country
England

Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK7 Gloucestershire and Wiltshire
Small Region (ITL 3)
TLK71 Swindon
Delivery Location
Not specified

Local Authority
Swindon
Electoral Ward
Rodbourne Cheney
Westminster Constituency
Swindon North

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-067a85-2026-04-01T11:36:34+01:00",
    "date": "2026-04-01T11:36:34+01:00",
    "ocid": "ocds-h6vhtk-067a85",
    "initiationType": "tender",
    "parties": [
        {
            "id": "GB-PPON-PDQJ-7126-JDHG",
            "name": "UK Research & Innovation",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PDQJ-7126-JDHG"
            },
            "address": {
                "streetAddress": "Polaris House, North Star Avenue",
                "locality": "Swindon",
                "postalCode": "SN2 1FL",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKK14"
            },
            "contactPoint": {
                "email": "mrcprocurement@ukri.org",
                "telephone": "01793867000"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.ukri.org",
                "classifications": [
                    {
                        "id": "publicAuthoritySubCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - sub-central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PDQJ-7126-JDHG",
        "name": "UK Research & Innovation"
    },
    "planning": {
        "milestones": [
            {
                "id": "engagement",
                "type": "engagement",
                "description": "Market engagement Webinar",
                "dueDate": "2026-04-21T23:59:59+01:00",
                "status": "scheduled"
            }
        ],
        "documents": [
            {
                "id": "030253-2026",
                "documentType": "marketEngagementNotice",
                "noticeType": "UK2",
                "description": "Preliminary market engagement notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/030253-2026",
                "datePublished": "2026-04-01T11:36:34+01:00",
                "format": "text/html"
            }
        ]
    },
    "tender": {
        "id": "ocds-h6vhtk-067a85",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "UKRI-5955 Venture Builder",
        "description": "Innovate UK intends to procure Delivery Partner services for the UKRI Venture Builder Programme, a new pilot initiative to support deep-tech university spin-out teams in 6 of the priority Industrial Strategy sectors (the IS6 sectors), initially focusing on Frontier AI, Engineering Biology, and Advanced Manufacturing and Materials. The Programme will provide intensive venture-development support over six to nine months to around 20-25 post-ICURe, or equivalent-stage, teams that have completed customer discovery. Its purpose is to convert validated academic research spin-outs into investor-ready companies and position them to progress into Innovate UK IS6 growth sector programmes. The procurement is initially structured around the three sector tracks above; however, the strategy and delivery model are still being established. It has not yet been determined whether the outcome will be separate contracts for each sector or a single contract covering all sectors. Consortium arrangements are welcomed where different organisations bring complementary capabilities across tracks or sub-sectors. A Webinar will be held on 21 April 2026, with the tender expected to launch in May 2026. To Register for the Webinar please access the link: https://events.teams.microsoft.com/event/dc0e9bab-53f0-49b8-be15-8363687e972c@8bb7e08e-daa4-4a8e-927e-fca38db04b7e Participation in the Webinar is optional and gives no advantage in any future procurement.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "79411100",
                        "description": "Business development consultancy services"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 1500000,
            "amount": 1200000,
            "currency": "GBP"
        },
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "lots": [
            {
                "id": "1",
                "suitability": {
                    "sme": true,
                    "vcse": true
                },
                "contractPeriod": {
                    "startDate": "2026-10-01T00:00:00+01:00",
                    "endDate": "2027-09-30T23:59:59+01:00",
                    "maxExtentDate": "2029-09-30T23:59:59+01:00"
                },
                "hasRenewal": true,
                "status": "planning"
            }
        ],
        "status": "planning"
    },
    "language": "en"
}