--- title: "UKRI-5955 IUK Venture Builder Pilot" ocid: "ocds-h6vhtk-067a85" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-067a85" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-067a85.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-067a85.json" source: "Find A Tender Service" current_stage: "Award" buyer: "UK RESEARCH & INNOVATION" published: "2026-08-03" --- # UKRI-5955 IUK Venture Builder Pilot Buyer: UK RESEARCH & INNOVATION Current stage: Award OCID: ocds-h6vhtk-067a85 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-067a85) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-067a85.json) ## Summary The UK Research & Innovation (UKRI) has completed the procurement process for the "UKRI-5955 IUK Venture Builder Pilot" with a contract awarded to PIONEERING VENTURES LIMITED. This procurement, focused on business development consultancy services, falls under the industry category of deep-tech innovation and was conducted using an open procedure. With a procurement stage now at the 'Award' status as of 3rd August 2026, the contract period is set to begin on 17th August 2026 and end on 16th August 2027, with a potential extension up to an additional 12 months. The location for the delivery of services is Swindon, UK (UKK14 region), and the total contract value amounts to £1,488,000 gross. Key dates included a milestone target for contract signing scheduled for 14th August 2026. This tender offers significant opportunities for businesses involved in deep-tech and consultancy services, particularly SMEs, as the procurement is designed to support the growth of deep-tech teams into investor-ready entities. Ideal candidates for future similar opportunities would include companies offering innovative solutions in the Industrial Strategy priority sectors, namely Frontier AI, Engineering Biology, and Advanced Manufacturing and Materials. The open procurement method used allows diverse suppliers to participate, and the established ecosystem in Swindon provides a fertile ground for collaboration and networking with deep-tech enterprises and potential investors, ultimately fuelling business growth and expansion in cutting-edge technology domains. ## Notice The Venture Builder pilot takes validated deep-tech teams in three Industrial Strategy priority sectors and works intensively to bring them to the point where an investor can make a decision. ### Lot Information Lot 1 Options: UKRI may increase the value of the contract to include additional similar services where permitted to do so under Schedule 8 of the Procurement Act 2023. Renewal: The Contract duration shall be for a period of 12 months with an option to extend for further period of up to 12 months (1+1). ### Planning Information Market engagement Webinar ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/073371-2026 | | Notice type | UK6 - Contract Award Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | SME, VCSE | | Awardee scale | SME | | All stages | Planning, Tender, Award | ## Dates | Field | Value | | --- | --- | | Publication date | 3 Aug 2026 | | Submission deadline | 29 Jun 2026 | | Future notice date | 21 Apr 2026 | | Award date | 23 Jul 2026 | | Contract period | 16 Aug 2026 - 16 Aug 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £1,250,000 | | Lots value | £1,250,000 | | Awards value | £1,240,000 | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Complete | | Lots status | Complete | | Awards status | Pending | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | UK RESEARCH & INNOVATION | | Locality | SWINDON | | Post town | Swindon | | Postcode | SN2 1FL | | Country | England | | ITL 1 | TLK South West (England) | | ITL 2 | TLK7 Gloucestershire and Wiltshire | | ITL 3 | TLK71 Swindon | | Local authority | Swindon | | Electoral ward | Rodbourne Cheney | | Westminster constituency | Swindon North | | Delivery location | Not specified | ## Supplier | Field | Value | | --- | --- | | Number of suppliers | 1 | | Supplier names | PIONEERING VENTURES | ## CPV Codes ### Divisions - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 79411100 - Business development consultancy services ## Release History - 3 Aug 2026 at 15:40 - Award - UK6 - Contract Award Notice - https://www.find-tender.service.gov.uk/Notice/073371-2026 - 22 Jun 2026 at 07:46 - TenderUpdate - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/058309-2026 - 29 May 2026 at 15:23 - Tender - UK4 - Tender Notice - https://www.find-tender.service.gov.uk/Notice/051008-2026 - 1 Apr 2026 at 10:36 - Planning - UK2 - Preliminary Market Engagement Notice - https://www.find-tender.service.gov.uk/Notice/030253-2026 ## Documents - https://www.find-tender.service.gov.uk/Notice/073371-2026 3rd August 2026 - Contract award notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/058309-2026 22nd June 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/051008-2026 29th May 2026 - Tender notice on Find a Tender - https://www.find-tender.service.gov.uk/Notice/030253-2026 1st April 2026 - Preliminary market engagement notice on Find a Tender ## Notice URLs - http://www.ukri.org - https://ukri2.my.site.com - https://www.legislation.gov.uk/ukpga/2023/54/contents ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-067a85. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-067a85.json.