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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.
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| PIONEERING VENTURES LIMITED | Procurement ID: PJYB-2324-BGJJ | £1,240,000 | 1 lot Lot 1 | - |
Taken from this notice, not from Companies House. Check the original notice — details change and are not updated here.
This procurement was divided into 1 lots, each awarded separately. 14 bids were received in total.
| Lot | Value | Bids Received | Awarded To | Status |
|---|---|---|---|---|
| Lot 1 Aug 2026 – Jul 2027 | £1,250,000 £1,240,000 initial term | 14 | PIONEERING VENTURES LIMITED | active |
Weightings from the notice.
Changes the buyer published to this notice after it first appeared.
The deadline for submissions has been extended from 25/06/2026 to 29/06/2026.