Oxfordshire launches 10-year plan to create 30,000 innovation jobs

Summarised from 2 outlets · Updated 25 Oct, 13:02 · Archive

Oxfordshire has launched a 10-year strategy aiming to create 30,000 innovation jobs and generate 20 unicorn companies.

Oxfordshire has launched the Equinox 2035 Strategy, a 10-year plan aimed at creating 30,000 new innovation jobs. The strategy also targets generating 20 unicorn companies—start-ups valued at more than £1bn—and attracting more than £1bn in annual venture and growth investment. It was launched at the House of Commons on 19 October.

Equinox is a collaborative partnership involving businesses, universities, investors, government and communities, supported by the University of Oxford, which acts as the secretariat and helps drive collaboration across the region's innovation ecosystem. The strategy sets out plans to anchor economic growth whilst ensuring opportunities reach residents across the county.

The initiative targets attracting investment from 10 top-tier US venture capital funds and 10 UK pension funds, establishing a permanent presence for six global corporates, and ranking Oxfordshire among the world's top three innovation-intensive clusters per capita. Anneliese Dodds, MP for Oxford East, said that Oxford's success 'has to be measured by what that success means for people who live here.' Professor Irene Tracey, vice-chancellor of the University of Oxford and chair of the Equinox Council, described Oxfordshire as 'a national asset with global reach.'

How it is being reported

• Oxfordshire strategy aims to create 30,000 innovation jobsThe 10-year Oxfordshire Equinox 2035 Strategy also aims to generate 20 unicorn companies - start-ups valued at more than £1bn.Oxford Mail · 25 Oct, 12:30
• Oxfordshire strategy aims to create 30,000 innovation jobsThe 10-year Oxfordshire Equinox 2035 Strategy also aims to generate 20 unicorn companies - start-ups valued at more than £1bn.Oxfordshire Guardian · 25 Oct, 12:30

In this story: Oxfordshire · University of Oxford · Anneliese Dodds · Irene Tracey · House of Commons

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