Funding is in place for a new half million-pound life sciences centre in the city, creating 100 jobs. The Oxford Trust – a city charity which encourages the pursuit of science and enterprise – plans to install life science laboratory facilities at its Wood Centre for Innovation in Headington. £100,000 in funding towards the project comes from the Government’s Local Growth Fund, via the Oxfordshire Local Enterprise Partnership (OxLEP). Plans for the new lab follow a leap in demand from science and tech start-ups and small businesses for lab space in Oxford’s global health and life sciences district, which is one of the UK’s leading technology clusters delivering lifesaving developments such as the Covid-19 vaccine.
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