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planningFind a Tender · planning Update

Unlocking Space for Investment – Growth Pathway Market Engagement

Buyer: Department for Science, Innovation & Technology →

BuyerDepartment for Science, Innovation & Technology
Statusplanning
DeadlineNot published
Value£4,000,000
Published23 Jun 2026

What is being bought

**Please note, the engagement event will now be held virtually, please see the Engagement section below for more information** The UK Space Agency (UKSA), part of the Department for Science, Innovation and Technology (DSIT), intends to run a competitive procurement to appoint a capable and experienced delivery partner (or consortium) to design and deliver the next phase of the Growth Pathway – a key initiative within the Unlocking Space for Investment (USI) programme. The Growth Pathway supports the investment readiness of UK space businesses through subsidised, tailored sell-side advisory services. The Advisory Scheme provides bespoke one-to-one support for growth-stage (Series A+) and high-potential space companies, focused on areas including commercial strategy, financial and capital planning, legal and IP, and investor engagement. The overarching aim is to help UK space scale-ups overcome access-to-finance barriers and attract private investment, supporting HM Government's mission of economic growth. The successful supplier will be responsible for: delivering robust diagnostics and bespoke advisory services to participating businesses; supporting marketing, communications and pipeline development; designing a transparent and flexible service menu; delivering structured engagement touchpoints between UKSA and industry participants; and contributing to monitoring, evaluation and learning activity. The Advisory Scheme was first piloted in FY2025/26, supporting six industry participants. This procurement seeks to build on lessons learned and scale delivery to support approximately 30 companies over the contract period. The full Specification of Requirements is available by requesting a copy from uksa.commercial@dsit.gov.uk. The Government Procurement Agency Management Consultancy Framework 4 (MCF4) RM6309, Lot 2 will be used to procure this contract. Suppliers with relevant experience and knowledge of sell-side advisory and the Space sector that are not currently on this framework are encouraged to explore forming consortia with organisations that are on the framework. Further detail is provided below.

Delivery location

UK, GB

Categories

Financial consultancy services 66171000Business development consultancy services 79411100

Lot details

Lot 1

No lot description published.

Statusplanning
Contract periodFrom 1 Sept 2026 to 31 Mar 2030

What is included

ItemCategoryQuantity
1Business development consultancy services, Financial consultancy servicesNot published

Comparable-procurement analytics

Benchmarked against retained Find a Tender procedures with CPV division 66. The category anchor is Financial consultancy services (66171000); this is a deliberately broad market comparator. The comparison is shown at several levels rather than pretending one company or region is always the best benchmark.

Comparison setProceduresReported bids per procedureNamed award suppliersPrice evidence
Market: CPV division 661,7703 median · 17.9 average (693 of 1,770 with a bid count)2.5 average (781 of 1,770 with named award suppliers)Not published
Same buyer0Not publishedNot publishedNot published
Delivery region: UK5635 median · 24.2 average (179 of 563 with a bid count)3 average (210 of 563 with named award suppliers)Not published
Similar published value (0.5×–2×)14511.5 median · 11.5 average (2 of 145 with a bid count)6 average (2 of 145 with named award suppliers)Not published

“Reported bids” is an official aggregate, sometimes reported per lot; it is the closest available competition measure. “Named award suppliers” are winners, not all applicants.

Price-outcome signal

Not enough comparable procedures currently publish both a GBP tender value and a usable lowest-valid-bid value to calculate a responsible price-reduction benchmark. Tenderline deliberately does not infer a saving from named award suppliers or from missing award values.

Procurement strategy & market signals

Framework agreementNot published
Dynamic purchasing systemNot published
Competitive procurementNot published
Recurring requirementNot published
Procurement method rationaleNot published
Rationale classificationsNot published
Special regimeNot published
Covered byNot published
Submission policyNot published
Selection criteriaNot published
Risk detailsNot published

Planning & early market engagement

BudgetValue not published
No-engagement rationaleNot published
Planning documents1
Planning milestones1
MilestoneTypeDueStatus
Please note, this section has been updated: In light of the extreme heat warnings issued for this week, and following travel guidance from Transport for London and Network Rail urging passengers to only travel if absolutely necessary, we have taken the decision to switch the planned in-person session to a virtual format to ensure the safety and wellbeing of all attendees and staff. The session will go ahead virtually at the same time, 12:25–13:45 on Thursday 25 June. Joining details will be circulated in advance of the session in the form of an MS Teams invite. We recognise that a key focus of the in-person session was to promote networking and support consortia building between potential suppliers. To ensure this objective is not lost by moving to a virtual format, we will share details of attendees following the session – including names, email addresses, and a short description of the services offered by each company – to support post-session outreach, networking, and consortia development. The purpose of this session is to: • provide prospective suppliers with an overview of the Specification of Requirements (available on request), • outline the aims and scope of the Growth Pathway Advisory Scheme, and offer the opportunity to raise questions in advance of the formal tender process, and • facilitate consortia or new working relationships between suppliers who are appointed to MCF4 Lot 2 and suppliers with space sector specific knowledge. To register for the session, please use this link: https://forms.cloud.microsoft/e/h6sABhnJMx Specification of Requirements: The Specification of Requirements for the Growth Pathway Advisory Scheme is available on request by emailing uksa.commercial@dsit.gov.uk. Prospective suppliers are encouraged to review this document ahead of the engagement session to inform their questions and to understand the full scope, objectives, and requirements of the contract. Advance Questions: We are inviting interested organisations to submit questions in advance by close of play Tuesday 23 June 2026 to allow us to prepare for the session. Questions should be submitted to: uksa.commercial@dsit.gov.uk All questions raised, whether submitted in advance or during the session itself, together with the corresponding answers, will be made available to bidders following the engagement session. This is to ensure full transparency and a level playing field for organisations that are unable to attend. Consortia and Networking: Our chosen route to market is RM6309 MCF4 Lot 2. We recognise that the breadth of skills and experience required by this procurement, spanning sell-side investment advisory, space and deep-tech market understanding, legal and regulatory expertise, and marketing and communications, may not reside within a single organisation. This engagement session is therefore also intended as an opportunity for organisations to network and explore forming suitable consortia. In particular, we encourage organisations that possess relevant specialist capabilities but are not currently on the MCF4 framework to attend, with a view to partnering with framework-listed organisations. Participation: This opportunity is of particular suitability for: • Management consultancy and financial advisory firms listed on Crown Commercial Service Management Consultancy Framework 4 (MCF4) RM6309, Lot 2, with demonstrable experience in sell-side investment advisory and capital-raising support for growth-stage businesses. • Specialist advisory firms – including those offering legal, regulatory, strategic, and commercial consultancy services that can complement the core financial advisory capability of MCF4 Lot 2 suppliers through consortium or subcontracting arrangements. • Space sector advisory and consulting firms with credible experience in space and deep-tech business strategy, technical due diligence, and investment advisory who can bring sector-specific knowledge and networks to strengthen consortium bids. The procurement will be conducted through MCF4 Lot 2 using the following filters: Business Case Development, Business Structure, Future Planning, Strategic Advice, Strategy; accordingly, the lead organisation in any bid must be a framework-listed supplier. Organisations not currently on MCF4 are encouraged to attend this engagement session to explore consortium or subcontracting partnerships with framework-listed firms. Please note: This market engagement opportunity is intended for organisations providing independent professional advisory and consultancy services. It is not suitable for organisations that are themselves active participants in the UK space industry (e.g., technology developers, satellite operators, launch providers, or other commercial space-tech enterprises), as the nature of the contract requires suppliers to operate in an impartial advisory capacity, independent of active technology development, proprietary commercial pursuits, or market positioning activities within the space sector.engagement25 Jun 2026scheduled

Related procurements

No linked framework, prior procurement or reprocurement published.

Documents & submission route

Source data inventory

Diagnostic view. “Not published” means this current release does not provide a value.

OCIDocds-h6vhtk-06b552
Latest release ID059152-2026
Latest release timestampTue Jun 23 2026 15:54:26 GMT+0000 (Coordinated Universal Time)
Sourcefind-a-tender
Official notice URLNot published
Tender statusplanning
Procurement methodNot published
Procurement method detailsNot published
Main procurement categoryservices
Above thresholdYes
Legal basis2023/54
Tender period: startNot published
Tender period: endNot published
Expression of interest deadlineNot published
Enquiry deadlineNot published
Award period: startNot published
Award period: endNot published
Submission method detailsNot published
Submission languagesNot published
Electronic catalogue policyNot published
Total tender value£4,000,000
Tender lots in source1
Tender items in source1
Tender documents in source0
Awards in latest release0
Contracts in latest release0
Parties in latest release1

Notice history

DateEventReference
23 Jun 2026planningUpdate059152-2026
15 Jun 2026planning056336-2026

All source data

Unmodified official OCDS data retained by Tenderline for this procurement process.

Complete current OCDS release JSON
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        "description": "Please note, this section has been updated:\nIn light of the extreme heat warnings issued for this week, and following travel guidance from Transport for London and Network Rail urging passengers to only travel if absolutely necessary, we have taken the decision to switch the planned in-person session to a virtual format to ensure the safety and wellbeing of all attendees and staff.\nThe session will go ahead virtually at the same time, 12:25–13:45 on Thursday 25 June. Joining details will be circulated in advance of the session in the form of an MS Teams invite.\nWe recognise that a key focus of the in-person session was to promote networking and support consortia building between potential suppliers. To ensure this objective is not lost by moving to a virtual format, we will share details of attendees following the session – including names, email addresses, and a short description of the services offered by each company – to support post-session outreach, networking, and consortia development. \nThe purpose of this session is to:\n•\tprovide prospective suppliers with an overview of the Specification of Requirements (available on request),\n•\toutline the aims and scope of the Growth Pathway Advisory Scheme, and offer the opportunity to raise questions in advance of the formal tender process, and\n•\tfacilitate consortia or new working relationships between suppliers who are appointed to MCF4 Lot 2 and suppliers with space sector specific knowledge.\nTo register for the session, please use this link: \nhttps://forms.cloud.microsoft/e/h6sABhnJMx \nSpecification of Requirements:\nThe Specification of Requirements for the Growth Pathway Advisory Scheme is available on request by emailing uksa.commercial@dsit.gov.uk. Prospective suppliers are encouraged to review this document ahead of the engagement session to inform their questions and to understand the full scope, objectives, and requirements of the contract.\nAdvance Questions:\nWe are inviting interested organisations to submit questions in advance by close of play Tuesday 23 June 2026 to allow us to prepare for the session. Questions should be submitted to: uksa.commercial@dsit.gov.uk\nAll questions raised, whether submitted in advance or during the session itself, together with the corresponding answers, will be made available to bidders following the engagement session. This is to ensure full transparency and a level playing field for organisations that are unable to attend.\nConsortia and Networking:\nOur chosen route to market is RM6309 MCF4 Lot 2. We recognise that the breadth of skills and experience required by this procurement, spanning sell-side investment advisory, space and deep-tech market understanding, legal and regulatory expertise, and marketing and communications, may not reside within a single organisation.\nThis engagement session is therefore also intended as an opportunity for organisations to network and explore forming suitable consortia. In particular, we encourage organisations that possess relevant specialist capabilities but are not currently on the MCF4 framework to attend, with a view to partnering with framework-listed organisations. \nParticipation:\nThis opportunity is of particular suitability for:\n•\tManagement consultancy and financial advisory firms listed on Crown Commercial Service Management Consultancy Framework 4 (MCF4) RM6309, Lot 2, with demonstrable experience in sell-side investment advisory and capital-raising support for growth-stage businesses.\n•\tSpecialist advisory firms – including those offering legal, regulatory, strategic, and commercial consultancy services that can complement the core financial advisory capability of MCF4 Lot 2 suppliers through consortium or subcontracting arrangements.\n•\tSpace sector advisory and consulting firms with credible experience in space and deep-tech business strategy, technical due diligence, and investment advisory who can bring sector-specific knowledge and networks to strengthen consortium bids.\nThe procurement will be conducted through MCF4 Lot 2 using the following filters: Business Case Development, Business Structure, Future Planning, Strategic Advice, Strategy; accordingly, the lead organisation in any bid must be a framework-listed supplier. Organisations not currently on MCF4 are encouraged to attend this engagement session to explore consortium or subcontracting partnerships with framework-listed firms.\nPlease note: This market engagement opportunity is intended for organisations providing independent professional advisory and consultancy services. It is not suitable for organisations that are themselves active participants in the UK space industry (e.g., technology developers, satellite operators, launch providers, or other commercial space-tech enterprises), as the nature of the contract requires suppliers to operate in an impartial advisory capacity, independent of active technology development, proprietary commercial pursuits, or market positioning activities within the space sector."
      }
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  },
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}
Complete JSON history (2 releases)
23 Jun 2026 · 059152-2026 · planningUpdate
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        "description": "Please note, this section has been updated:\nIn light of the extreme heat warnings issued for this week, and following travel guidance from Transport for London and Network Rail urging passengers to only travel if absolutely necessary, we have taken the decision to switch the planned in-person session to a virtual format to ensure the safety and wellbeing of all attendees and staff.\nThe session will go ahead virtually at the same time, 12:25–13:45 on Thursday 25 June. Joining details will be circulated in advance of the session in the form of an MS Teams invite.\nWe recognise that a key focus of the in-person session was to promote networking and support consortia building between potential suppliers. 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In particular, we encourage organisations that possess relevant specialist capabilities but are not currently on the MCF4 framework to attend, with a view to partnering with framework-listed organisations. \nParticipation:\nThis opportunity is of particular suitability for:\n•\tManagement consultancy and financial advisory firms listed on Crown Commercial Service Management Consultancy Framework 4 (MCF4) RM6309, Lot 2, with demonstrable experience in sell-side investment advisory and capital-raising support for growth-stage businesses.\n•\tSpecialist advisory firms – including those offering legal, regulatory, strategic, and commercial consultancy services that can complement the core financial advisory capability of MCF4 Lot 2 suppliers through consortium or subcontracting arrangements.\n•\tSpace sector advisory and consulting firms with credible experience in space and deep-tech business strategy, technical due diligence, and investment advisory who can bring sector-specific knowledge and networks to strengthen consortium bids.\nThe procurement will be conducted through MCF4 Lot 2 using the following filters: Business Case Development, Business Structure, Future Planning, Strategic Advice, Strategy; accordingly, the lead organisation in any bid must be a framework-listed supplier. Organisations not currently on MCF4 are encouraged to attend this engagement session to explore consortium or subcontracting partnerships with framework-listed firms.\nPlease note: This market engagement opportunity is intended for organisations providing independent professional advisory and consultancy services. It is not suitable for organisations that are themselves active participants in the UK space industry (e.g., technology developers, satellite operators, launch providers, or other commercial space-tech enterprises), as the nature of the contract requires suppliers to operate in an impartial advisory capacity, independent of active technology development, proprietary commercial pursuits, or market positioning activities within the space sector."
      }
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}
15 Jun 2026 · 056336-2026 · planning
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      "scheme": "UKPGA"
    },
    "description": "The UK Space Agency (UKSA), part of the Department for Science, Innovation and Technology (DSIT), intends to run a competitive procurement to appoint a capable and experienced delivery partner (or consortium) to design and deliver the next phase of the Growth Pathway – a key initiative within the Unlocking Space for Investment (USI) programme.\nThe Growth Pathway supports the investment readiness of UK space businesses through subsidised, tailored sell-side advisory services. The Advisory Scheme provides bespoke one-to-one support for growth-stage (Series A+) and high-potential space companies, focused on areas including commercial strategy, financial and capital planning, legal and IP, and investor engagement. The overarching aim is to help UK space scale-ups overcome access-to-finance barriers and attract private investment, supporting HM Government's mission of economic growth.\nThe successful supplier will be responsible for: delivering robust diagnostics and bespoke advisory services to participating businesses; supporting marketing, communications and pipeline development; designing a transparent and flexible service menu; delivering structured engagement touchpoints between UKSA and industry participants; and contributing to monitoring, evaluation and learning activity.\nThe Advisory Scheme was first piloted in FY2025/26, supporting six industry participants. This procurement seeks to build on lessons learned and scale delivery to support approximately 30 companies over the contract period. The full Specification of Requirements is available by requesting a copy from uksa.commercial@dsit.gov.uk.\nThe Government Procurement Agency Management Consultancy Framework 4 (MCF4) RM6309, Lot 2 will be used to procure this contract. Suppliers with relevant experience and knowledge of sell-side advisory and the Space sector that are not currently on this framework are encouraged to explore forming consortia with organisations that are on the framework. Further detail is provided below.",
    "communication": {
      "futureNoticeDate": "2026-06-30T23:59:59+01:00"
    },
    "aboveThreshold": true,
    "mainProcurementCategory": "services"
  },
  "buyerID": [],
  "parties": [
    {
      "id": "GB-PPON-PVWZ-3216-PVQL",
      "name": "Department for Science, Innovation & Technology",
      "roles": [
        "buyer"
      ],
      "address": {
        "region": "UKI32",
        "country": "GB",
        "locality": "London",
        "postalCode": "SW1A 2EG",
        "countryName": "United Kingdom",
        "streetAddress": "22 Whitehall"
      },
      "details": {
        "classifications": [
          {
            "id": "publicAuthorityCentralGovernment",
            "scheme": "UK_CA_TYPE",
            "description": "Public authority - central government"
          }
        ]
      },
      "identifier": {
        "id": "PVWZ-3216-PVQL",
        "scheme": "GB-PPON"
      },
      "contactPoint": {
        "email": "uksa.commercial@dsit.gov.uk"
      }
    }
  ],
  "language": "en",
  "planning": {
    "documents": [
      {
        "id": "056336-2026",
        "url": "https://www.find-tender.service.gov.uk/Notice/056336-2026",
        "format": "text/html",
        "noticeType": "UK2",
        "description": "Preliminary market engagement notice on Find a Tender",
        "documentType": "marketEngagementNotice",
        "datePublished": "2026-06-15T16:31:59+01:00"
      }
    ],
    "milestones": [
      {
        "id": "engagement",
        "type": "engagement",
        "status": "scheduled",
        "dueDate": "2026-06-25T23:59:59+01:00",
        "description": "In-Person Market Engagement Session\nThe UK Space Agency will host an in-person pre-market engagement session about this procurement on Thursday 25 June 2026, 12:15-13:45 BST at 10 South Colonnade, London, E14 4PX. The purpose of this session is to:\n•\tprovide prospective suppliers with an overview of the Specification of Requirements (available on request),\n•\toutline the aims and scope of the Growth Pathway Advisory Scheme, and offer the opportunity to raise questions in advance of the formal tender process, and\n•\tfacilitate consortia or new working relationships between suppliers who are appointed to MCF4 Lot 2 and suppliers with space sector specific knowledge.\nTo register for the session, please use this link: \nhttps://forms.cloud.microsoft/e/h6sABhnJMx \nPlease note that there is a capacity limit for the room. Therefore, attendees are limited to one person per company. Spaces will be allocated on a first come first served basis, subject to suitability (see Participation section). The UK Space Agency reserves the right to make decisions on the final attendee list.\nSpecification of Requirements:\nThe Specification of Requirements for the Growth Pathway Advisory Scheme is available on request by emailing uksa.commercial@dsit.gov.uk. Prospective suppliers are encouraged to review this document ahead of the engagement session to inform their questions and to understand the full scope, objectives, and requirements of the contract.\nAdvance Questions:\nWe are inviting interested organisations to submit questions in advance by close of play Tuesday 23 June 2026 to allow us to prepare for the session. Questions should be submitted to: uksa.commercial@dsit.gov.uk\nAll questions raised, whether submitted in advance or during the session itself, together with the corresponding answers, will be made available to bidders following the engagement session. This is to ensure full transparency and a level playing field for organisations that are unable to attend.\nConsortia and Networking:\nOur chosen route to market is RM6309 MCF4 Lot 2. We recognise that the breadth of skills and experience required by this procurement, spanning sell-side investment advisory, space and deep-tech market understanding, legal and regulatory expertise, and marketing and communications, may not reside within a single organisation.\nThis engagement session is therefore also intended as an opportunity for organisations to network and explore forming suitable consortia. In particular, we encourage organisations that possess relevant specialist capabilities but are not currently on the MCF4 framework to attend, with a view to partnering with framework-listed organisations. \nParticipation:\nThis opportunity is of particular suitability for:\n•\tManagement consultancy and financial advisory firms listed on Crown Commercial Service Management Consultancy Framework 4 (MCF4) RM6309, Lot 2, with demonstrable experience in sell-side investment advisory and capital-raising support for growth-stage businesses.\n•\tSpecialist advisory firms – including those offering legal, regulatory, strategic, and commercial consultancy services that can complement the core financial advisory capability of MCF4 Lot 2 suppliers through consortium or subcontracting arrangements.\n•\tSpace sector advisory and consulting firms with credible experience in space and deep-tech business strategy, technical due diligence, and investment advisory who can bring sector-specific knowledge and networks to strengthen consortium bids.\nThe procurement will be conducted through MCF4 Lot 2 using the following filters: Business Case Development, Business Structure, Future Planning, Strategic Advice, Strategy; accordingly, the lead organisation in any bid must be a framework-listed supplier. Organisations not currently on MCF4 are encouraged to attend this engagement session to explore consortium or subcontracting partnerships with framework-listed firms.\nPlease note: This market engagement opportunity is intended for organisations providing independent professional advisory and consultancy services. It is not suitable for organisations that are themselves active participants in the UK space industry (e.g., technology developers, satellite operators, launch providers, or other commercial space-tech enterprises), as the nature of the contract requires suppliers to operate in an impartial advisory capacity, independent of active technology development, proprietary commercial pursuits, or market positioning activities within the space sector."
      }
    ]
  },
  "initiationType": "tender"
}