£150,000 Grant for Deep-Tech Spin-Outs, Closes 22 May
Summary
Innovate UK has published a £3,750,000 funding opportunity under its Venture Builder Pilot Programme, offering grants of up to £150,000 each to support new deep-tech spin-outs in securing their first significant investment. The Expression of Interest stage closes on 22 May 2026 at 11:00am UK time. Applicants must be UK-registered micro, small or medium sized enterprises created in the last 24 months, or formally incorporated by 20 August 2026 if not currently an SME.
“Innovate UK is funding up to £150,000 for a pilot Innovate UK Venture Builder Programme to support new deep-tech spin-outs and to help them in raising their first significant investment.”
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What changed
Innovate UK has announced a new Venture Builder Pilot Programme offering up to £150,000 grants to support deep-tech spin-outs and help them raise their first significant investment. The Expression of Interest stage is now open with a closing date of 22 May 2026 at 11:00am UK time. The competition is open to single applicants only, and eligible spin-outs must be UK-registered SMEs created within the last 24 months, or formally incorporated by 20 August 2026.
This funding opportunity is relevant for research institutions, universities, and entrepreneurs considering deep-tech commercialisation, as well as investors seeking early-stage deal flow. The total fund of £3,750,000 is expected to support approximately 25 grants. Prospective applicants should submit their Expression of Interest via the Innovation Funding Service before the deadline.
Archived snapshot
Apr 23, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Funding opportunity
Funding opportunity: Innovate UK Venture Builder Pilot Expression of Interest
Opportunity status: Open Funders: Innovate UK Funding type: Grant Total fund: £3,750,000 Maximum award: £150,000 Publication date: 22 April 2026 Opening date:
22 April 2026 9:30am UK time
Closing date:
22 May 2026 11:00am UK time
See the full opportunity details on the Innovation Funding Service.
Innovate UK is funding up to £150,000 for a pilot Innovate UK Venture Builder Programme to support new deep-tech spin-outs and to help them in raising their first significant investment. This is the Expression of Interest stage of the competition.
Eligibility summary
This competition is open to single applicants only.
Your spin-out must be a UK registered micro, small or medium sized enterprise (SME) created in the last 24 months. If you are not an SME you must be formally incorporated by 20 August 2026.
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