Venture Science Doctorate: venture-creation PhD program (funded scholarship)

Applications are open ‍until 31 July 2026 (end of day, BST) and are reviewed on a rolling basis, so we encourage early submission. Applications submitted after 31 July 2026 may still be considered for the April 2027 intake, depending on the status of the admissions process and at the discretion of the admissions team.

The world’s first 3-year venture creation focused PhD program run by Deep Science Venture College at Woolf University: a globally recognised, decentralised institution widening access to higher education. Our focus is exclusively on solving global challenges in health, climate, agriculture and computation through science as the basis for designing research projects from first-principles, and creating new companies founded by candidates based on this research.

The VSD is backed by a philanthropic consortium of mission aligned Partners, including Schmidt Futures, Innovate UK and SPRIN-D (Germany), and embedded in a global R&D coalition of universities and national labs, including National Physical Laboratory, the James Hutton Institute, Imperial College, Max Planck, the University of Edinburgh, University College London, Goldsmiths, University of London, Cornell University, the Mayo Clinic, and many others.

The aim of year 1 is for candidates to familiarise themselves with a given industry and mapping the landscape to identify areas of opportunity for high-impact venture creation. In a process called Scoping, candidates will identify the optimal solution to a given problem and - alongside accredited courses such as experimental design - perform lab work to develop their hypotheses, and contact partner research groups for further experimentation.

Year 2 is focused on invention and further developing the initial hypotheses, working within leading research groups to prove the technology against the original hypothesis and validate it through techno-economic analysis.

The goal for year 3 is building further on the research from the previous two years to develop a scalable technology capable of product market fit. If necessary, candidates may join multiple different research groups to do this. Having validated the technology, candidates will work with experienced venture partners to build a complementary team and a rock-solid investment case before venture incorporation and spin-out.

At incorporation, all the intellectual property is transferred into the new venture, which the candidate continues to lead as a co-founder, with continuous support from DSV.

We’re looking for individuals with the ambition and capability to launch a science company using advanced research, and be determined to do this in just a few years.

To be eligible, you should meet the following criteria:

• A Master’s degree (or higher) in the natural sciences, engineering or a closely related technical field. Candidates with only an undergraduate degree may also be considered, but may not be eligible for PhD accreditation.
• The ambition, determination and resilience to develop and co-found a science-based venture tackling global challenges in climate, agriculture, health or computation. All ventures are built from scratch during the program. We do not accept ideas, concepts, or IP that have already been developed and that applicants wish to develop further at VSD.
• A strong ability to think creatively from first principles, identify industry-specific commercial bottlenecks and solve technical challenges.
• Relevant prior experience in entrepreneurship, innovation, new technology development and/or solving large-scale societal challenges.
• Strong communication and influencing skills, with the ability to articulate complex ideas and persuade diverse stakeholders.
• The ability to commit full-time (5 working days per week) to the program.

We actively welcome candidates from any part of the world and any walks of life to apply - our primary focus is on mission alignment and the desire to create impact through science.

You'll join a global community of >200 science entrepreneurs across our portfolio and programs, work with some of the world's most entrepreneurial professors, research labs and government agencies supporting the VSD, and access top-tier investors/funders backing deeptech ventures.

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Deep Science Ventures is creating a future in which both humans and the planet can thrive.

We use our unique venture creation process to create, invest in, and spin-out science companies. We empower entrepreneurial scientists to combine scientific expertise and models for business to synthesise high-impact ventures de novo.

We are a team of operators who have founded companies and led the translation of science at some of the most respected universities, charities, funds, and government agencies. 2/3 of the team have founded or led a company at C-suite, and 65% have a Ph.D. We are deeply involved in each venture.

You will access our industry network and receive advice on follow-on fundraising strategy, including introductions to seed investors and potential customers from our global network. Furthermore, you will receive support with term sheet negotiation, grant applications to leverage further non-dilutive funding and value uplift, and access to a community of seasoned science founders in our portfolio.

We offer mentorship and guidance through weekly deep-dive work sessions, access to our opportunity insights and knowledge base, a global network of experts, a community of other science founders working on launching their own companies, and a curated collection of resources and proprietary tools.

We offer Co-Founder(s) sourcing and assessment via our proprietary tools, advisory board sourcing, advice on technical and commercial investment milestones, co-development of technical roadmap and go-to-market strategy, investment readiness pre-launch with further focus on technical and commercial proof, and customer development support.

To learn more about why we launched the VSD program, visit our article on Why we need to reinvent the PhD.