The new scheme – the Cherwell Business Adaptation Fund - will be delivered by the Oxfordshire Local Enterprise Partnership (OxLEP) Business team on behalf of the council.
The funding will allow The Oxford Trust to commence the conversion of dedicated high spec laboratory facilities with 3,000 sq ft of laboratory and close to 9,000 sq ft of allied space.
The Oxfordshire Business Investment Fund – which launched in March – was developed to boost the county’s business community to move into a renewal phase following the Coronavirus outbreak.
The class II labs answer the significant demand from science and tech start-ups and SMEs for lab space in Oxford’s world-leading life sciences cluster in Headington.
Based at Osney Mead in Oxford and funded by the government’s Getting Building Fund, the pilot will be a world-leading multi-disciplinary hub championing green innovation.
Created by the University of Oxford’s Environmental Change Institute (ECI), the report challenges Oxfordshire’s key decision-makers to embrace several new recommendations.
The arrival of G7 health ministers to Oxford on Thursday 03 June will shine a spotlight on Oxfordshire’s considerable achievements in the life sciences sector.
Works on phase one of a new project – set to boost ‘cleaner’ modes of commuting in Oxford, as well as connectivity options in-and-out of the city – continues to make positive progress.
The project will deliver laboratory facilities in response to the demand from science and tech start-ups and SMEs for lab space in Oxford’s Health and Life Sciences District.
The work has been delivered at pace thanks to the £1.4 million of funding secured by the Oxfordshire Local Enterprise Partnership (OxLEP) from the Government’s Local Growth Fund.