The entrepreneurial rise of Oxfordshire

September 5, 2014 at 6:36 pm | Consultist Blog | No comment

 
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As a Consulting firm working with innovative companies, we are astonished by the entrepreneurial rise of Oxfordshire, a unique location that perfectly blends academics and science with innovation and entrepreneurship.

Oxford

Oxfordshire is not only a leading academic destination, but also a distinctive place where science and innovation meets entrepreneurship, with an exceptional concentration of intellectual capital and high-tech SMEs determined to become game changers.

The University of Oxford and the Brookes University attract the top global talents, and provide excellent support to entrepreneurs and innovators. The Science Parks across the county serve as great incubators for the start-ups, and provide collaboration opportunities on international scale.

 At this blog post, we would like to take a look at the most promising and the fastest growing industries of Oxfordshire.

Life Sciences

Oxford University is the top institute on life science studies, and has 23 Nobel Prize winners in chemistry and medicine.

Built on these competences, Oxfordshire is a leading centre for biomedical research, and hosts the largest and fastest growing biotech cluster of the UK.

Science parks such as Milton, Oxford Science, Begbroke and  Culham provide biotech companies the best environment for the full range of activities on R&D and trials for medical technologies, drug development, and diagnostics.

  • There are over 180 R&D companies on life sciences, and 150 companies serving associated industries.

  • The biotech companies of Oxfordshire have received over $458 million investment from 2007 onwards.

Energy and Low Carbon Technologies

Oxford is a leading hub for research on energy and environmental technologies, and the 5th greatest county in terms of SME’s focusing on low carbon activity. The increasing number of clean-tech companies in Oxfordshire employ 9000 people , and generate annual sales of £1 billion.

The Culham Centre for Fusion Energy (CCFE) is the UK’s fusion energy research laboratory. CCFE hosts the Joint European Tarus (JET), the world’s largest magnetic fusion experiment. JET is given a huge importance with its potential to shape the world’s future of energy.

The JET: Joint European Tarus. Image credentials: ESDA 

Digital & Creative Industries

Oxfordshire is one of the top “hot spots” with its vibrant environment for digital and creative industries. It hosts over 3 thousand creative businesses, which creates the annual value of  £1 billion.

The games and technology company Natural Motion , acquired by  Zynga for $527M, and Plink Art, which had been acquired by Google, are two inspiring examples of the digital & creative success of the Oxfordshire.

Space and Satellite

Harwell Oxford Science and Innovation Campus is the centre of UK’s space industry. The Campus serves as a hub for commercialisation of space research and satellite applications, and a fast growing cluster for international collaborations for SMEs and large companies with the highest standards of technology.

The campus also hosts the world-famous Rutherford Appleton Laboratory, and the Satellite Applications Catapult.

Advanced Engineering: Motorsports

Oxfordshire is the centre of Motosport Valley with four F1 teams based in the county: Williams F1, Caterham F1, Lotus F1 and Marussia F1.

There are 4000 high engineering companies providing wide range of services and competing on the global stage of Motorsport Industry.

Oxford is also a car manufacturing hub, being the birthplace of MINI of the BMW Group. The Oxford plant is considered as one of the most advanced manufacturing sites of Great Britain.

Cryogenics

Cryogenics is the study of the production and behaviour of materials at very low temperatures ( minus 150 °C and below ).

Oxfordshire is the centre of the The British Cryogenics Cluster, and is the world’s top location for the cryogenics development. The county creates £1 billion economic activity on cryogenics, and employs over 1000 people.

Liquid air is a disruptive application of Cryogenics, which is expected to revolutionize the energy consumption on transportation. There are significant developments such as the Dearman Engine, and the cluster works for the further progress.

As another application of the cryogenics development, half of the world’s superconducting magnets for MRI (magnetic resonance imaging) scanners are being produced in Oxfordshire.

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