The instrument SPICE, while funded by ESA, is led by a consortium of multiple partners. Two main lead institutes, one for the development the instrument, another one for the operations, have been identified. Since 2012, the instrument Consortium is lead by RAL Space (United Kingdom). The Lead is Dr Andrzej Fludra and the Project Manager is Dr Martin Caldwell. Since 2017, the operation Consortium is lead by the Institut d'Astrophysique Spatiale (France). The Lead is Dr Frédéric Auchère and the Project Manager is Stéphane Caminade.

Nationally-funded hardware contributions have been provided by France, Germany, Switzerland and the United Kingdom, and the telemetry processing pipeline will be provided by Norway. The operations are prepared with many institutes. The main consortium institutes are listed below:

• Rutherford Appleton Laboratory (Didcot, UK)
   
• Institut d’Astrophysique Spatiale (Orsay, France)
   
• Institute of Theoretical Astrophysics, University of Oslo (Norway)
   
• Max-Planck Institut für Sonnensystemforschung, Göttingen (Germany)
   
• NASA Goddard Space Flight Center (Washington DC, USA)
   
• Southwest Research Institute (Boulder, USA)
   
• Physikalisch Meteorologisches Observatorium Davos (Switzerland)
   
• Fraunhofer Institut für Angewandte Optik und Feinmechanik (Jena, Germany)
   
• Physikalisch-Technische Bundesanstalt (Berlin, Germany)