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Overview

The UK Science and Technology Venture Capital Fellowship is a pioneering career accelerator designed for mid-career investment professionals in the UK venture capital sector with 3+ years of investing experience. The program is delivered by Imperial College London and the Royal Academy of Engineering with support from the Department for Science, Innovation and Technology (DSIT). It aims to develop a strong talent pipeline of science and technology VCs in the UK, focusing particularly on Deep Tech and Life Sciences investments. The fellowship features intensive contact days spread across sessions held every 6-8 weeks, providing bespoke learning and professional development tailored to life science and deep tech fund management.

Investment focus

The fellowship aims to develop a strong talent pipeline of science and technology VCs in the UK, focusing particularly on Deep Tech and Life Sciences investments.

Program details

Designed for Investors, Fund Managers, General Partners. The program is hybrid. Participation is generally part time.

Who it is for

Currently working in UK venture capital industry with minimum 3 years of investing experience; professionals from other asset classes (family offices, university investing, angel investors, accelerators) with 3+ years of experience; UK-based and registered firms only.

Check if you are eligible

Check your eligibility for UK Science and Technology Venture Capital Fellowship

Admissions and application

The application process involves an online application through the RAEng grant system, including references. Strong written applicants are invited to a video-call interview, then selected candidates receive next-step instructions for the programme.

Benefits

Specialized curriculum in life science and deep tech fund management; networking with peers developing next-generation VC leadership; intensive mentoring and teaching from industry experts; access to curated learning on Deep Tech and Life Sciences ecosystems.

Timeline

The program consists of 7 sessions over approximately 5-6 months, with 20 intensive contact days.

What came of it

Participants develop expertise in specialized venture capital sectors; strengthened investment decision-making capabilities; expanded professional networks within UK science and technology investing.

How to go about it

  1. Read what it asks for

    Who can apply, how people get in and whether it is open right now.

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  3. Apply the way the program asks

    The program has not published how to apply. Terms and dates change. Check the official page before you act.

What it pays

Participants contribute GBP 10,000 toward the fellowship cost, generally split as GBP 5,000 from the fellow and GBP 5,000 from the employer.

Questions about this program

Who was eligible for the 2025 cohort?

The 2025 guidance required at least three years of relevant investing experience, UK residence and work rights throughout the program, and employer support for the time commitment. These requirements should not be assumed to apply unchanged to a future cohort.

What did the 2025 program cost?

The listed fee was £10,000. Guidance expected a £5,000 Fellow contribution matched by the employer in most cases, though either could cover the full fee. Limited scholarships reduced the listed fee by 50%.

Is the fellowship accepting applications now?

The 2025 application window closed on September 9, 2025. Although RAEng announced a second round and a waiting list, the available evidence does not confirm a current intake or its dates.

How did the 2025 selection process work?

Applicants submitted an online form and letters through the RAEng Grants Management System. Applications were reviewed by at least two experts, followed by a video interview and panel selection.

About Royal Academy of Engineering / Imperial College London / Department for Science, Innovation and Technology

Royal Academy of Engineering / Imperial College London / Department for Science, Innovation and Technology

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From public sources

What the sources say about UK Science and Technology Venture Capital Fellowship

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