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Official procurement procedure

UKRI-5955 IUK Venture Builder Pilot

No classification published
Location not published
Official notice
Published value
£1,250,000
Submission deadline 29 Jun 2026, 17:00 BST
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: UK Research & Innovation (UKRI): "UKRI-5955 IUK Venture Builder Pilot". Published status: complete. Published value: £1,250,000. 1 published lot. Recorded submission deadline: 29 Jun 2026, 17:00 BST. See the official notice for participation instructions.
Contracting AuthorityUK Research & Innovation (UKRI)Scope & CategoriesNot publishedSubmission Window
Closed
29 Jun 2026, 17:00 BST
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£1,250,000
Bidder Intelligence · Authority Profile: UK Research & Innovation (UKRI)
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for UK Research & Innovation (UKRI). These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
8.4Bids / Report
11.8% of reports have one bid
Supplier ConcentrationModerate Concentration
CPC Project Services LimitedTop vendor: 41.9% of attributable value
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 2273 active published awards; 34 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
Supplier NameHistoric AwardsAttributable GBP Value
CPC Project Services Limited1 win£16,000,000
Air Liquide Advanced Technologies1 win£15,138,407
PROFUSION MEDIA LTD1 win£2,410,149
QA LIMITED1 win£1,944,773
Convergence Group1 win£824,052
Procedure terms
Contracting AuthorityUK Research & Innovation (UKRI)
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published25 Aug 2026, 16:00 BST
Last source update25 Aug 2026, 16:00 BST
Recurring procurementNot published
ClassificationNot published
Delivery areaLocation not published
OCIDocds-h6vhtk-067a85
What is being bought
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.
What changed
From the official release history
  1. Official notice release published
    25 Aug 2026, 16:00 BST
  2. tender value changed
    3 Aug 2026, 16:40 BST
  3. Status changed to complete
    3 Aug 2026, 16:40 BST
  4. Official notice release published
    3 Aug 2026, 16:40 BST
  5. Submission deadline changed to published date
    3 Aug 2026, 16:40 BST
  6. Official notice release published
    22 Jun 2026, 08:46 BST
  7. Submission deadline changed to 29 Jun 2026, 17:00 BST
    22 Jun 2026, 08:46 BST
  8. Published value updated to £1,250,000
    29 May 2026, 16:23 BST
  9. Status changed to active
    29 May 2026, 16:23 BST
  10. Official notice release published
    29 May 2026, 16:23 BST
  11. Submission deadline changed to 25 Jun 2026, 17:00 BST
    29 May 2026, 16:23 BST
  12. Published value updated to £1,200,000
    1 Apr 2026, 11:36 BST
  13. Status changed to planning
    1 Apr 2026, 11:36 BST
  14. Official notice release published
    1 Apr 2026, 11:36 BST
  15. Buyer information updated
    1 Apr 2026, 11:36 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    complete
    Published valueNot published
    The source published no individual title or description for this lot.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    25 Aug 2026, 16:00 BST
  2. Submission deadline
    29 Jun 2026, 17:00 BST
  3. Award active
    Not published · Not published
  4. Contract active
    Signed 18 Aug 2026, 00:00 BST · £1,240,000
Commercial outcome and competition
Awards
PIONEERING VENTURES LIMITED
Not published · Not published · active
Contracts
UKRI-5955 IUK Venture Builder Pilot
£1,240,000 · signed 18 Aug 2026, 00:00 BST · active
Contract period: 19 Aug 2026, 00:00 BST — 19 Aug 2027, 23:59 BST
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

UK Research & Innovation (UKRI)

Contracting authority GB-PPON-PDQJ-7126-JDHG
View buyer profile

  • UK Research & Innovation
    buyer

    GB-PPON: PDQJ-7126-JDHG
    Polaris House, North Star Avenue, Swindon, UKK14, SN2 1FL, GB
    mrcprocurement@ukri.org

  • PIONEERING VENTURES LIMITED
    supplier

    GB-PPON: PJYB-2324-BGJJ
    3rd Floor 86 - 90 Paul Street,, London, UKI41, EC2A 4NE, GB
    ventures@thepioneergroup.com
Documents (1)
Official links; attachments are not copied

  • Not published

    tender
    conflictOfInterest
Related procedures (0)
No data
No related procedures published