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PROCUREMENT OPPORTUNITY

UKRI-5955 IUK Venture Builder Pilot

UK Research & Innovation · Contract details notice on Find a Tender

Tender information last checkedLast checked 25 Sept 2026, 12:10.

Opportunity overview

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.

Awarded to

Amounts belong to published awards or contracts. Where several suppliers share one value, it is labelled as shared and is not a supplier-specific allocation.

PIONEERING VENTURES LIMITED

Matched by exact name
Contract value
£1.2m
Awarded
Not supplied
Contract signed
17 Aug 2026
Including VAT
£1.5m
Award ID
1
Status
active
Identifier
GB-PPON PJYB-2324-BGJJ
Location
London, UKI41, EC2A 4NE, United Kingdom

Classification

No classification was supplied.

Lots

  • Lot 1Value not stated

Documents and notices

Published notice details

Additional information from the published procurement release. Fields appear only when supplied by the source; check the original notice and tender documents before acting.

Scope, procedure and submissions

Id
UKRI-5955
Status
complete
Procurement Method
open
Procurement Method Details
Open procedure

Legal basis

Id
2023/54
Scheme
UKPGA

Covered By

GPA

Lots and requirements

Entry 1
Id
1
Status
complete

Published documents

Entry 1
Id
conflictOfInterest
Document Type
conflictOfInterest
Description
Not published

Buyer, suppliers and contacts

Organisation 1
Name
UK Research & Innovation
Id
GB-PPON-PDQJ-7126-JDHG

Identifier

Scheme
GB-PPON
Id
PDQJ-7126-JDHG

Address

Street Address
Polaris House, North Star Avenue
Locality
Swindon
Postal Code
SN2 1FL
Country
GB
Country Name
United Kingdom
Region
UKK14

Contact

Roles

buyer

Details

Classifications

Entry 1
Scheme
UK_CA_TYPE
Id
publicAuthoritySubCentralGovernment
Description
Public authority - sub-central government
Organisation 2
Name
PIONEERING VENTURES LIMITED
Id
GB-PPON-PJYB-2324-BGJJ

Identifier

Scheme
GB-PPON
Id
PJYB-2324-BGJJ

Address

Street Address
3rd Floor 86 - 90 Paul Street,
Locality
London
Postal Code
EC2A 4NE
Country
GB
Country Name
United Kingdom
Region
UKI41

Contact

Roles

supplier

Details

Scale
sme
Vcse
No
Public Service Mission Organization
No
Sheltered Workshop
No

Award information

Award 1
Id
1
Status
active
Main Procurement Category
services

Items

Item 1
Id
1
Related Lot
1

Additional Classifications

Entry 1
Scheme
CPV
Id
79411100
Description
Business development consultancy services

Delivery locations

Entry 1
Region
UKK14
Country
GB
Country Name
United Kingdom

Suppliers

Supplier 1
Id
GB-PPON-PJYB-2324-BGJJ
Name
PIONEERING VENTURES LIMITED

Related lots

1

Contracts and changes

Entry 1
Id
1
Award ID
1
Title
UKRI-5955 IUK Venture Builder Pilot
Status
active
Has Renewal
Yes
Has Options
Yes
Above Threshold
Yes
Date Signed
18 Aug 2026, 00:00
No Agreed Metrics Rationale
Not required

Period

Starts
19 Aug 2026, 00:00
Ends
19 Aug 2027, 23:59
Max Extent Date
18 Aug 2028, 23:59

Renewal

Description
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).

Options

Description
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.

Value

Including VAT
1,488,000
Amount
1,240,000
Currency
GBP

Documents

Entry 1
Id
080956-2026
Document Type
contractNotice
Notice Type
UK7
Description
Contract details notice on Find a Tender
Published
25 Aug 2026, 16:00
Format
text/html

Recorded locations

  • Buyer location · Swindon · UKK14 · SN2 1FL · United Kingdom

Notice and amendment history

5 published notice versions reviewed by ProcuraAxis.

5 VERSIONS
  1. 030253-2026Preliminary market engagement notice on Find a Tender ·
  2. 051008-2026Tender notice on Find a Tender ·
  3. 058309-2026Tender notice on Find a Tender ·
  4. 073371-2026Contract award notice on Find a Tender ·
  5. 080956-2026Contract details notice on Find a Tender ·