Oxford-Cambridge Growth Corridor Investment Prospectus

The Oxford to Cambridge Growth Corridor is a world-leading innovation corridor in the UK. It is a vibrant and innovative hub for globally renowned science and technology firms and internationally successful start ups, that contribute to and benefit from the rich ecosystem of talent and ambition in the region. It is anchored by two of the world’s best universities, producing world class research and generating hundreds of commercially successful spin outs. The government is committed to realising the full potential of the Corridor by unlocking opportunities for new investors and businesses to join this ecosystem. This will better connect working people to jobs, create thriving communities and boost innovation and investment across the whole of the UK. Deepening the links between Oxford and Cambridge, Milton Keynes, Bedford and beyond with significant investment into East West Rail, will ultimately connect a region of 3.5 million people - highly skilled, highly employable, and highly mobile. The Oxford to Cambridge Investment Prospectus sets out some of the opportunities within the Corridor that are at the cutting edge of all that makes the UK an exciting place to invest. ` This is the Oxford to Cambridge Growth Corridor Invest in a world-leading innovation hub This is one of the UK's strongest long-term investment opportunities, combining world-leading research, deep talent pools and places where companies can start, grow and scale - at the heart of the Golden Triangle, with direct links to London and global markets. This prospectus is for investors, developers and businesses looking to invest in, or locate within, the Corridor. Navigate to your opportunity: Setting up, growing or relocating your business → p.11 Firms choose the Corridor for its research base, specialist talent and connectivity — particularly for R&D and headquarters functions. Investing in sites and infrastructure → p.15 Science parks, research campuses and commercial centres In strong, sustained demand — underpinned by East West Rail and major national infrastructure investment. Investing in innovative growth companies → p.20 A continuous flow of IP-rich spin-outs and fast-growing companies in life sciences, AI and clean tech, with strong scale-up potential. Cambridge Biomedical Campus The Oxford to Cambridge Growth Corridor 3 1 In this prospectus: The Chancellor’s Foreword (p. 2) Why invest in the Corridor (p. 3) Why invest in the UK (p. 4 - 6) Sectors and enabling strengths (p. 8 - 10) Opportunities for occupiers(p. 11 – 15) Opportunities for capital investment (p. 16 - 19) Innovation, scale-up and venture (p.20-21) How to engage (p. 22) The Oxford to Cambridge Growth Corridor is full of opportunities at the cutting edge of all that makes the UK an exciting place to invest, as you will see in this prospectus. With a rich tradition of academic research and expertise, and a track record of creativity and innovation, it sits at the intersection of our history and our future. I look forward to working with you as we continue to build that future together. The Corridor is already home to many unique strengths. It is a vibrant and innovative hub for globally renowned science and technology firms and internationally successful start-ups, that contribute to and benefit from the rich ecosystem of talent and ambition in the region. It is anchored by two of the world’s best universities, producing world-class research and generating hundreds of commercially successful spin-outs1. And the Government is committed to providing a strong base to facilitate sustainable future growth. We have delivered record funding for transport, housing, and infrastructure into the region, unlocking opportunities for new investors and businesses to join this ecosystem and grow here. Deepening the links between Oxford and Cambridge, Milton Keynes, Bedford and beyond with significant investment into East West Rail, will ultimately connect a region of 3.5 million people² – highly skilled, highly employable, and highly mobile. Investors and businesses alike can seize the opportunity to be part of the Golden Triangle, bringing together the Corridor and London as one of the world’s top innovation clusters. 2 Foreword Economic growth is the number one mission of this government and remains at the heart of all we do. The Oxford to Cambridge Growth Corridor is a key pillar of this mission and offers huge potential for the UK. It is Europe’s answer to Silicon Valley. The Government is committed to providing the foundation for sustainable future growth, and to working in partnership with local government, the private sector, and academia to achieve our shared vision for the region. We are accelerating delivery, increasing certainty for investors, and unlocking sites that can be built on now. This is not just ambition; it is action. Rt Hon Rachel Reeves, Chancellor of the Exchequer 3 Government actions to improve investability and reduce friction Competitive research and innovation- based incentives Uncapped R&D Tax Credits Innovate UK business-led Innovation funding and incentives6 Generous R&D allowances with 100% tax deduction for R&D capital expenditure9 Protected by certainty of Corporate Tax Roadmap until 202910 Why invest in the UK? Faster delivery and lower friction Faster consenting process for critical infrastructure, ensuring flexibility to reduce delays and uncertainty1 Expedited approval process for clean energy projects, halving average statutory consultation period2 Infrastructure Pipeline giving long-term certainty across 780 projects worth £530 billion over 10 years3 25% Reduction of administrative costs of regulation by 20294 Public backing and talent access National Wealth Fund – £27.8 billion Policy Bank: equity, debt and guarantee investment5 Innovate UK: grants, loans, pre-procurement, and tailored support6 British Business Bank – £25.6 billion Economic Development Bank7 2025 Immigration White Paper – expanding visa route eligibility, fast-tracking global top talent to the UK8 via the Global Talent Visa / High Potential Individual (HPI) Visa / Skilled Worker Visa 4 Globally for broadest geographic reach of international flows of trade, capital, information and people1 1st Most attractive location for investment in Europe as ranked by global CEOs (2024)² and 1st globally (alongside India) as ranked by UK CFOs (Q2 2025)3 1st For number of unicorns in Europe and 3rd globally4 (2025), with $17.3 billion in venture capital raised (January-September 2025)5 1st Out of top 10 universities worldwide for 20265 4 Countries and territories outside the EU with signed UK trade agreements (2024)6, with additional landmark deals agreed in 2025 with the US, India and the EU7 70+ 5 reasons to choose the UK “Universal chose Bedford, at the heart of the OxCam corridor, for the location of its first European theme park and resort because of its incredible connectivity, the skilled local workforce and supplier base, and the entrepreneurial energy that is evident across the whole area. We look forward to working with public and private sector partners across the region to realise the transformational potential of our project for jobs and economic growth” Gidon Freeman, Vice-President, External Affairs, Universal Destinations and Experiences Image: Bodleian 5 Why invest in the Oxford to Cambridge Growth Corridor? The Corridor is one of the world's most productive science and technology systems, globally recognised for translating research into high-growth companies and real-world impact. Its strength is the full system: Oxford, Cambridge and the places between them, including Milton Keynes, with its exceptional GVA growth, Bedford, the site of the new Universal Resort, and the green-energy accessibility brought by Chelveston Energy and Innovation Park in North Northamptonshire, providing the space, supply chains and infrastructure for companies to scale. The Corridor is already home to AstraZeneca, GSK, AVEVA, BMW, Mini, Oxford Biomedica, Immunocore, and eight F1 teams including Red Bull and Mercedes. Its reach extends far beyond its boundaries. In the last decade, OxCam-based venture capital organisations have invested over £150 million in UK businesses outside the Corridor, leveraging over £1 billion in total investment. Cambridge's growing partnerships with Manchester and Oxford's with Liverpool are deepening these connections, backed by £4.8m of Research England funding to forge new links between research, business and place. The Corridor is also within easy reach of London's fast-growing AI and technology cluster around King's Cross, one of Europe's densest concentrations of AI and data science activity, reinforcing its position as the connective tissue of the UK's wider knowledge economy. The Government is putting billions behind the Oxford to Cambridge Corridor through East West Rail, the Culham AI Growth Zone, and our record-breaking backing for UK R&D. The Corridor presents an enormous opportunity for anyone looking to invest in the UK. By bringing business, academia, plus national and local government together, we can pool this remarkable area's strengths to create one of the most important innovation zones in the world." Lord Vallance, Minister for Science, Innovation, Research and Nuclear and Champion for the Oxford to Cambridge Growth Corridor Image: University of Cambridge For investors, this means access to: Innovation engine: Strong pipeline of IP-rich spin-outs and R&D drives demand for lab and scale-up space. Skilled talent: Universities and research institutes supply a deep STEM workforce. Quality of place: Attractive locations help firms recruit and retain global talent. Market access: Strong links to London and UK innovation hubs support partnerships and supply chains. Deliverability: Rail, planning, grid and energy upgrades are unlocking build-ready sites. Recent investment news across the Corridor 1st and 2nd Europe’s innovation engine Cambridge ranked 1st in Europe in Global Innovation Index 2025 (2nd globally) for science and technology cluster intensity, with Oxford 2nd (5th globally)8 £27.5bn FDI super hub In the last 10 years, Greenfield investments in the Corridor have created over 43,000 jobs with a total capex value of £27.5 billion2 2nd Start-up environment Ranked second in the world for mean start-up deal size among global tech clusters3 40% Faster growth In employment in the Corridor than national average, providing talent to innovative companies4 1st Leader in spin-outs Together, the Universities of Oxford and Cambridge have produced over 400 spin-outs – the highest of any UK academic institutions1 £143bn GVA Productive workforce Regional GVA is driven by world- class research and productivity7 30% Highly skilled On average, 30% of all jobs in the corridor are in Knowledge Intensive Sectors, almost triple the average for Britain4 184 Nobel Prizes Awarded to alumni from Oxford (58)5 and Cambridge (126)6 • AstraZeneca has made a £300m recommitment to the UK including at Cambridge Biomedical Campus • Ellison Institute of Technology is building a major new global science and innovation campus part of a £10bn UK investment • Universal Resort in Bedford is investing billions to support growth in advanced manufacturing and visitor economy • Nike is opening a new UK logistics centre in Corby in 2028 creating hundreds of jobs • Prologis has made a £3bn investment into UK logistics and industrial capacity • BioNTech has made a major UK life sciences investment reinforcing the Corridor’s global attractiveness for biotech and R&D • Cadillac is a new entrant to the high-performance engineering cluster at Silverstone signalling continued sector growth • Central corridor selected for UKRI’s £500m Local Innovation Partnership Fund (LIPF) – national backing for innovation-led growth 7 Oxford to Cambridge Growth Corridor 2 of the top 5 Global universities in the Oxford to Cambridge Growth Corridor1 Established industries and high-growth sectors Productive industries, dynamic sectors and skilled workforce make this the destination of choice for many global companies. The Oxford to Cambridge Growth Corridor offers an ideal base for many of the key sectors outlined in the Government’s Modern Industrial Strategy. The UK’s premier destination for clean energy research with an advanced commercial ecosystem to drive the transition to net zero. Nationally important cluster Chelveston in Northamptonshire is the UK’s largest combined renewable energy and innovation park4, producing green hydrogen and engaged in commercial trials. Unique partnerships UK Atomic Energy Authority and Eni are constructing a unique tritium fuel cycle facility for fusion energy at the Culham Campus. Pioneering facilities The Culham Campus houses world-leading fusion energy research facilities, working closely with industrial partners to develop this exciting new energy opportunity. The Faraday Institution in Harwell is the leading electrochemical energy storage research institute in the UK, supporting the commercialisation of new battery concepts to the global energy storage market. Unmatched opportunities where global brands, pioneering SMEs, and elite research institutes collaborate. Driven by premier innovation The Silverstone Technology Cluster, with Silverstone Technology Park and Advanced Engineering Campus at its heart, boasts 8 of the 11 F1 teams and their supply chain2, pushing innovation in advanced engineering. Bicester Motion is home to innovators like YASA, the electric motor manufacturer. Most concentrated space cluster in Europe3 Harwell is home to a vibrant space sector, including over 100 space organisations3. Westcott Space Cluster is also in the region, supporting scale-ups through the Satellite Communications Catapult. Leading on autonomous vehicles The Corridor is leading the UK’s push for global prominence in connected autonomous vehicles, through RACE at Culham Science Centre and Millbrook Proving Ground, and in Milton Keynes. Advanced manufacturing Clean energy industries 8 Image: Westcott Space Cluster £1 billion+ campus Ellison Institute of Technology, opening 2027 as a collaboration between Larry Ellison and University of Oxford, driving innovation across life sciences, food security, clean energy and AI, uniting research talent and entrepreneurs5 Established industries and high-growth sectors Businesses in the Oxford to Cambridge Growth Corridor are at the forefront of the life sciences and technology sectors. Home to Bletchley Park, the birthplace of modern computing, the Corridor continues to add to its legacy as an innovator with a unique blend of talent, infrastructure, and investment. Europe’s quantum leader2 Advancing computing, sensing, and materials through world-class research at the National Quantum Computing Centre in Harwell, pioneering firms, and major commercialisation investment. Access frontier AI and talent Cambridge University’s Dawn AI supercomputer – the UK’s fastest – offers compute to SMEs3. The region is growing its AI talent and nurturing next generation start-ups through the UK’s first AI Growth Zone at Culham. A leader in AI and data, Milton Keynes offers one of the largest deployments of robotics (Starship robots). In2tec UK’s leader in sustainable electronics innovation based in Kettering and award winning ReUSE® and ReCYCLED® products. Global reputation Cambridge’s Arm is of global importance to the semiconductor industry with market penetration of 99% in mobile application processors4. Europe's premier biomedical research hub, and an integral part of the Golden Triangle, successfully competing with San Francisco and Boston- Cambridge1. Commercialising world-first technologies Moderna selected Harwell for its Innovation and Technology Centre and BioNTech selected Cambridge Biomedical Campus for their new R&D hub. Companies born from the area’s world-class research, like Bicycle Therapeutics, Oxford Nanopore, and CMR Surgical, are choosing to stay and scale locally, drawn by the strength of its innovation ecosystem. Derisking novel science Flagship public-private partnerships and key infrastructure (including Diamond Synchrotron and Rosalind Franklin Institute) are reducing companies’ costs to innovate. Accelerating drug discovery Complementary strengths in data science, AI and genomics have created an ideal discovery ecosystem. Life sciences Digital and technologies 9 Cambridge Biomedical Campus Unique in Europe Cranfield University, with its own fully-operational airport, aircraft and air navigation service provider is supporting cutting-edge research into aircraft electrification and urban air mobility.1 Established industries and high-growth sectors Highly productive and innovative partnerships between industry and universities in the defence and creative industry sectors. Rapidly emerging as one of the UK’s most dynamic defence and security innovation corridors. This sector is anchored by global research universities and a high density of defence tech companies, from Leonardo in Luton to Blue Bear in Bedford. Strategic investments BAE Systems’ partnership with Harwell-based Oxford Dynamics is scaling next-generation AI for defence platforms. Unique skills base Cranfield University specialises in post-graduate industrial innovation, applied research, and aerospace. Government-academic-private collaboration Milton Keynes is home to the UK's national security engineering centre (HMGCC), a leading force in security and tech innovation. Defence and security Artistic tradition married with a thriving, high-tech creative ecosystem, attracting global investment including the planned Universal Resort in Bedford. Historic reputation Pinewood Studio’s creative cluster is globally renowned for its state-of-the-art film, TV and gaming production and development, and Cardington Film Studios in Bedford continues this tradition. Chosen by sector giants Microsoft’s first Research Lab outside of the US2 is pioneering AI, data storage in glass, game AI, and teachable tools in Cambridge, located alongside Google, Apple and Amazon. Collaborative environment Established strengths in publishing, gaming and AI provide enabling support for growth, encouraging companies such as AVEVA, JagEx, Rebellion, and Sophos to expand. Creative industries 10 © Cranfield University Milton Keynes offers a unique city-scale urban testbed for digital, autonomous and technology-enabled services, enabling real-world deployment across transport, energy, data and city systems. Key opportunities include the MK Gateway / Saxon Court area, a mixed-use gateway location with Grade A office and innovation space, alongside Lower Westside and associated innovation sites aligned to long-term, technology-led growth plans. Together, these sites support integrated innovation — combining research, commercial space and live urban deployment — and position Milton Keynes as a focal point for scaling technologies from pilot to market. Milton Keynes Central  Sector: Digital, autonomous and technology-enabled services  Status: Priority innovation areas identified and supported through local partner strategies  Opportunity: Occupier and investment opportunities within a city-scale testbed, offering innovation space, mixed-use development and real-world deployment at scale Talk to us about the next step on your investment journey  Image: Cranfield University If you are establishing, expanding or relocating operations New Towns The UK is revisiting large scale new town development for the first time in over 50 years. Renewed interest is driven by the need for major housing supply expansion, economic growth, and coordinated long-term planning. In the Corridor two locations have been named in consultation on the next generation of new towns —Tempsford, and Milton Keynes. Opportunity: Opportunities for early-stage investors in land assembly, master planning, core infrastructure; and private capital to co-fund transport, utilities, social infrastructure Model: Joint-Venture/SPV/direct equity investment/ development partners This section looks at locations across the Oxford to Cambridge Growth Corridor that are well suited to corporate occupiers. These places offer opportunities for companies that want to move to the UK, grow, or set up new operations, with easy access to research expertise, skilled workers, testing facilities and established industry networks. . “Milton Keynes sits right in the middle of the Oxford- Cambridge Innovation Arc — it's a hotbed of talent, only 30 minutes from London, and a third of the cost of a London office. That meant we could build our purpose-built 5,000 sq ft collaboration space. It just wouldn't have been possible anywhere else." — Steve Salvin, CEO, Aiimi” Image: Milton Keynes - Unsplash Chelveston Renewable Energy & Innovation Park Northamptonshire The UK’s largest combined Renewable Energy Park, with Direct Wire Feed to a large-scale Innovation Park. Currently generating up to 200GWh from existing wind & solar, combined with large scale on-site ‘second life’ battery storage & green hydrogen production. Existing buildings providing for over 100,000 sq ft (let & occupied) with detailed & outline planning for further phase of circa 400,000 sq ft. Sector: Advanced Manufacture, Digital Technologies, Defence, Clean Energy, R&D Status: Operational. 800 acres. Planning consent for further development. Opportunity: World class facilities & technologies available to occupier market via Design & Build contracts. Opportunities for Occupiers 11 12 Image: Culham Campus The UK’s national centre for fusion energy and a major hub for AI innovation. Designated as the UK’s first AI Growth Zone; a prime site for building out UK strategic AI infrastructure. Culham is growing into a sustainable science village combining clean energy, digital innovation, and adjacent opportunities for residential development. Potential for employment-led growth with 3,000+ new jobs. To support talent retention, associated investment in housing and placemaking is progressing. Culham Campus Oxfordshire  Sector: Clean energy, digital & technology, advanced research  Status: Nearby Culham No.1 development (115,000m2 employment space) awaiting determination AI Growth zone – expression of Interest completed 2025; invitation to participate launching shortly  Opportunity: UK’s first AI growth zone, and science village expansion FDI into clean energy, AI, and advanced technology If you are establishing, expanding or relocating operations £1.2 billion, 26-hectare innovation district purposefully designed for discovery. Integrating laboratory and commercial space with new homes, amenities, parks, public art and sustainable transport initiatives to create a new mixed-use community for science and technology. Phase 1A completed 14,700m2 of new labs and workspace, café and public park. Phase 2 is three lab buildings of 34,782 m2, with a total of 93,000 m2 of office and labs, 480 homes, 4,500 jobs, and extensive new public realm development. Oxford North Oxfordshire  Sector: Science, digital and technologies  Status: Phase 1A complete; Phase 2 with detailed planning consent  Opportunity: Occupier and investment opportunities in major, new innovation hub with labs, commercial space, housing and amenities This section looks at locations across the Oxford– Cambridge Growth Corridor that are well suited to corporate occupiers. These places offer opportunities for companies that want to move to the UK, grow, or set up new operations, with easy access to research expertise, skilled workers, testing facilities and established industry networks. . Opportunities for Occupiers Talk to us about the next step on your investment journey  Opportunities for Occupiers Multidisciplinary research and innovation campus, housing £3+ billion state-funded research infrastructure alongside a dynamic commercial ecosystem of 200+ organisations and 7,500+ skilled professionals. Research facilities: Diamond Light Source Synchrotron, National Satellite Test Facility, Rosalind Franklin Institute, and National Quantum Computing Centre. University teams, start-up incubators, and a thriving community include global businesses such as Moderna, Oxford Nanopore, Agilent and Thales. Harwell Science and Innovation Campus Oxfordshire  Sector: Life sciences, AI, quantum computing, digital & technology, clean energy, space and satellites, advanced manufacturing  Status: Active expansion programme into 2030s  Opportunity: New facilities from high-spec labs and R&D facilities to advanced manufacturing space for expansion or relocation Proximity to research infrastructure for commercial partnerships and licensing Capital investment into start-ups and scale-ups from Seed to Series C This section looks at locations across the Oxford– Cambridge Growth Corridor that are well suited to corporate occupiers. These places offer opportunities for companies that want to move to the UK, grow, or set up new operations, with easy access to research expertise, skilled workers, testing facilities and established industry networks. . 13 Globally unique community of academics, industry leaders and NHS hospital researchers and clinicians. Home to world-class biomedical research and health science companies, MRC Laboratory of Molecular Biology, eight Cambridge University research institutes, clinical trial facilities, three research driven hospitals, and a Cancer Research UK research institute. Currently contributing £4.7 billion GVA annually to the UK economy which is forecast to double within 10 years, with 2050 vision planning for an additional 1 million m2 for life sciences development alongside world-class amenities and infrastructure. The campus is an active life sciences growth market, with substantial expansion coming forward through multi-billion-pound investment by Prologis. Cambridge South railway station is opening in June 2026 with direct services to London and future connectivity to East West Rail. Cambridge Biomedical Campus Cambridgeshire Talk to us about the next step on your investment journey  © Harwell Science and Innovation Campus If you are establishing, expanding or relocating operations  Sector: Life sciences  Status: To 2050+ Operational with vision for expansion  Opportunity: Co-locate with world leading biomedical and health science organisations and collaborate with companies like AstraZeneca, Abcam and BioNTech. Image: Culham Campus “I worked in Silicon Valley for eight years. I think Harwell is the closest place in the UK to that Google Campus feel.” Aiden Crawley, CEO and Co-Founder, Amber Therapeutics Cranfield University and King’s College London have announced the news that the two universities have signed an agreement as the first step towards a merger, with the aim of bringing the two institutions together from August 2027. Businesses can partner with Cranfield University, a world-leading specialist postgraduate university focused on science, technology and engineering. Cranfield has its own airport and numerous direct links to aerospace and defence supply chains and a local and regional skills pipeline. World recognised and established life science cluster, with anchor institutes Wellcome Sanger Institute, EMBL-EBI, and coming soon the new NHS Health Data Research Service and a highly skilled, international workforce. Expanding with opportunities for global firms and spin-outs to scale alongside major research institutes, as part of a growing community and ecosystem of organisations and experts. Expanding to 178 hectares with new, flexible R&D and translational science buildings (150,000 m2), residential developments (1,500 campus worker homes), retail, leisure, and community uses plus microgrid power, ambient loop heat, data centre and other infrastructure. Wellcome Genome Campus Cambridgeshire Cranfield University Campus Bedfordshire  Sector: Life sciences  Status: Outline planning permission granted; Phase 1 detailed permission and delivery underway  Opportunity: Capital investment in facilities and infrastructure at scale Ideal for life sciences companies across genomics, personalised medicine, biodata, health data and data science, machine learning and AI 14 Talk to us about the next step on your investment journey  Image: Cranfield University  Sector: Defence and security, advanced manufacturing, clean energy R&D  Status: Cranfield has outline planning agreement for an approx. 36-hectare commercial development adjacent to the campus and airport. In addition, a c.20-hectare site, with a three storey 5,500m2 building supported by Central Bedfordshire Council’s Local Plan. Opportunity: Capital investment in aerospace, clean energy (inc. hydrogen), environmental science, defence facilities, defence technologies, advanced manufacturing, and other areas of science and innovation. If you are establishing, expanding or relocating operations This section looks at locations across the Oxford– Cambridge Growth Corridor that are well suited to corporate occupiers. These places offer opportunities for companies that want to move to the UK, grow, or set up new operations, with easy access to research expertise, skilled workers, testing facilities and established industry networks. . Opportunities for Occupiers A nationally significant science and innovation campus at the heart of one of the world's leading university cities. ARC Oxford is an 88-acre science and innovation campus in east Oxford. The site brings together life sciences, health technology, and digital innovation businesses in a thriving community campus, anchored by world-class collaborative workspace, state-of- the-art laboratories, and a rich programme of community and cultural activity. Europe's oldest science park and a cornerstone of the Cambridge Phenomenon, now embarking on a generational expansion to cement its place as a world-leading innovation hub. Founded by Trinity College Cambridge in 1970, the Park generates approximately £1 billion in annual GVA and is home to 7,000 people based in 130+ companies across life sciences, technology, and clean energy. A privately funded masterplan submitted for planning consent in May 2026 targets a tripling of GVA to over £3 billion and up to 20,000 additional high-skilled jobs. Cambridge Science Park Cambridgeshire ARC Oxford (Innovation Campus) Oxfordshire  Sector: Life sciences; technology and computing; clean energy; advanced engineering; science and innovation Status: Operational campus; masterplan submitted for planning consent with privately funded expansion programme Opportunity: Capital investment and occupier partnerships within Europe's most historically productive science park, with strong institutional backing from Trinity College Cambridge and direct alignment with the Oxford-Cambridge Growth Corridor strategy 15 Talk to us about the next step on your investment journey  Image: Cambridge Science Park Sectors: Life sciences; health technology; digital and data; science and innovation Status: Operational campus with an active and growing tenant community, and a long- term investment programme underway to expand and enhance science and innovation capacity Opportunity: Capital investment and occupier partnerships within an established, amenity-rich innovation campus, with significant development potential and proximity to world-class academic and clinical institutions If you are establishing, expanding or relocating operations This section looks at locations across the Oxford– Cambridge Growth Corridor that are well suited to corporate occupiers. These places offer opportunities for companies that want to move to the UK, grow, or set up new operations, with easy access to research expertise, skilled workers, testing facilities and established industry networks. . Opportunities for Occupiers      Capital opportunities across strategic sites 115-hectare estate encircling the iconic Silverstone Grand Prix Circuit. A campus for future innovation, hosting three centres of excellence and 90+ businesses across 89,300m2 of commercial space. Additional 30 hectares to be developed over the next decade to expand capacity and capabilities. A founding member of Silverstone Technology Cluster, boasting around 3,000 advanced engineering, electronics and software businesses. Uniquely situated at the intersection of high-performance engineering supply chains and a robust skills pipeline and primed to become a global centre of excellence for next-generation mobility solutions. Silverstone Park Technology and Advanced Engineering Campus Northamptonshire/Buckinghamshire 16  Sector: Advanced manufacturing, clean energy, digital & technology  Status: Expansion plans under way  Opportunity: Capital investment into innovation hubs, R&D facilities, and scale-up spaces to support high-growth technology ventures Image: Silverstone Technology Park and Advanced Engineering Campus Talk to us about the next step on your investment journey  This section sets out investment opportunities across the Oxford to Cambridge Growth Corridor, focusing on major sites and infrastructure projects that are well suited to long-term investors such as institutions, developers, infrastructure funds and sovereign wealth funds. Luton Airport Central Corridor A nationally significant aviation-led growth opportunity, with the approved expansion of Luton Airport providing long-term planning certainty and reinforcing its role at the heart of the regional economy. Strategically located within the London–Oxford–Cambridge Golden Triangle, and complemented by the Universal Studios investment at Bedford, Luton is well positioned for large-scale capital investment, skills growth and innovation-led development across infrastructure, commercial and mixed-use sectors.  Sector: Aviation; advanced manufacturing; aerospace; science and innovation; transport and logistics; creative industries; visitor economy  Status: London Luton Airport growth has been consented via Development Consent Order, with delivery planning and investment mobilisation underway.  Opportunity: Infrastructure-led capital investment supported by planning certainty, with associated commercial real estate, hospitality, logistics and supply-chain development, strong potential for integrated development responding to aviation growth and destination-driven demand Nationally significant innovation district co-locating world-class University of Cambridge facilities, global industry partners, national research institutes /infrastructure facilities, scaling companies and investors. Flagship projects: Ray Dolby Centre (Cavendish Laboratory); UK National Centre for Propulsion & Power within New Whittle Laboratory, Rokos School of Government. Strong industry partnerships with Rolls-Royce, Siemens, Hitachi, Mitsubishi and Raspberry Pi. £500+ million invested in academic and research facilities over the last 10 years plus significant additional investments from philanthropic and industrial partners. Clear deliverability and capacity for up to 383,300 m² of new R&D and commercial space within a curated and activated campus. Post-doctoral researchers are housed in nearby high-quality, residential neighbourhood, Eddington. Cambridge West Cambridgeshire 17 Image: Cambridge West Capital opportunities across strategic sites This section sets out investment opportunities across the Oxford to Cambridge Growth Corridor, focusing on major sites and infrastructure projects that are well suited to long-term investors such as institutions, developers, infrastructure funds and sovereign wealth funds. White Horse Reservoir Oxfordshire A nationally significant water infrastructure project critical to enabling long-term growth and resilience across the Corridor. White Horse Reservoir is a proposed strategic water storage reservoir in Oxfordshire designed to secure long-term water supply for the South East of England, serving up to 15 million people. The project is a RAPID Strategic Resource Option (SRO) and a priority scheme within Ofwat’s Major Water Infrastructure Programme (MWIP), aligned with the PR24 price control period.  Sector: Water infrastructure  Status: Major reservoir scheme entering procurement phases for contractors and investment in the next 12 - 24 months, expected to progress as a Nationally Significant Infrastructure Project  Opportunity: to growth-enabling water security investment  Sector: Multi-disciplinary, deep tech and beyond advanced manufacturing, digital and technologies  Status: Outline consent 2024; Ray Dolby Centre completed 2024; Whittle Laboratory due 2026  Opportunity: Master developer, joint venture, equity partner, major occupiers, entrepreneurial start-up, co-location, large-scale R&D and innovation space Talk to us about the next step on your investment journey  A nationally significant digital and research campus proposed at scale on the northern edge of Oxford. EXOq is a c. 3 million sq ft mixed-use research and innovation development proposed on land on land adjacent to Oxford Parkway Station and promoted by Exeter College. The site is centred around a proposal for integrated quantum, AI and classical sovereign high-performance compute infrastructure at Tier-1 scale. It is intended to support advanced research and commercialisation in quantum, AI,science and technology. EXOq (Exeter Oxford Quantum Innovation District) Oxfordshire  Sector: Quantum computing; digital and technologies; science and innovation  Status: Strategic site proposal advanced by the landowner, with planning and environmental assessment and investment/partnering programme under development  Opportunity: Capital investment into a large-scale Quantum and AI innovation district, including specialist research infrastructure and advanced computing facilities 18 Image: EXOq Talk to us about the next step on your investment journey  Capital opportunities across strategic sites This section sets out investment opportunities across the Oxford to Cambridge Growth Corridor, focusing on major sites and infrastructure projects that are well suited to long-term investors such as institutions, developers, infrastructure funds and sovereign wealth funds. An advanced aviation technology research and manufacturing campus adjacent to Duxford Airfield, the working airfield of IIWM Duxford. Duxford AvTech is planned as a specialist campus supporting aviation innovation, testing, manufacturing and employment, making use of the adjacent airfield for development and validation of new technologies. The site sits at the intersection of advanced manufacturing, technology and creative industries. Duxford AvTech Cambridgeshire  Sector: Creative industries; advanced manufacturing; aviation technologies; advanced air mobility (AAM)  Status: Proposed advanced aviation technology campus progressing through regional investment pipelines, with site concept and occupier proposition under development  Opportunity: Capital investment into specialist innovation and commercial space supporting aviation and advanced manufacturing A major mixed-use regeneration opportunity at the western edge of Oxford city centre, with scale comparable to leading national regeneration schemes. The Oxford West End encompasses a number of projects including Osney Mead and Oxpens — a cluster of brownfield and former industrial sites with the potential to deliver large-scale commercial and employment space, housing and public realm, supported by enabling infrastructure. The area benefits from direct proximity to Oxford station and the city centre, with delivery structured around phased regeneration and flood-risk mitigation where required. Oxford West End Oxfordshire  Sector: Housing; commercial real estate; mixed-use regeneration  Status: Priority regeneration area under active consideration for strategic intervention; MHCLG and partners are progressing delivery options, phasing and infrastructure requirements across the constituent sites  Opportunity: Institutional capital for large-scale, phased mixed-use regeneration — offering long-term income, value creation and the chance to shape one of Oxford's most significant urban renewal opportunities 19 Image: An artistic impression of Brampton Cross – Endurance Estates Capital opportunities across strategic sites This section sets out investment opportunities across the Oxford to Cambridge Growth Corridor, focusing on major sites and infrastructure projects that are well suited to long-term investors such as institutions, developers, infrastructure funds and sovereign wealth funds. A large-scale, net-zero-aligned enterprise and innovation proposition in Huntingdonshire. Brampton Cross is proposed as a c. 1,000-acre enterprise centre capable of accommodating businesses across multiple priority innovation sectors. Early work has focused on financing options, infrastructure requirements and a proposed battery research centre, with initial enabling investment identified. Brampton Cross Cambridgeshire  Sector: Clean energy; advanced manufacturing; research and innovation  Status: Early-stage enterprise proposition identified through regional investment work, with initial engagement underway on financing and infrastructure requirements  Opportunity: Capital investment into a large-scale clean-energy-aligned enterprise and research campus Talk to us about the next step on your investment journey  20 Image: Cambridge Biomedical Campus The Oxford to Cambridge Growth Corridor is one of the world's most productive systems for turning research into companies, and companies into global leaders. It has already produced globally scaled technology leaders including Arm, Darktrace, Oxford Nanopore and CMR Surgical. These are not outliers. They are the product of a system that continuously generates IP-rich spin-outs, attracts international capital, and provides the conditions for companies to scale from first funding to global market. The Corridor is home to one of the highest concentrations of high-technology companies anywhere in Europe. Innovation, scale-up and venture The next generation is already here. Companies including Riverlane (quantum error correction), Nu Quantum (quantum networking), Oxford Ionics (trapped-ion quantum computing), PragmatIC (flexible semiconductors), Oxford PV (perovskite solar), Immunocore (immunotherapy), T-Therapeutics (oncology and autoimmune) and OrganOx (organ preservation) represent the current wave of high-potential businesses moving through the system — each with deep IP, strong founding teams and clear routes to scale. Case Study: DMC (Digital Manufacturing Centre) DMC is an advanced manufacturing business based at Silverstone Park, working across sectors including motorsport, defence and aerospace. DMC applies digital engineering and precision manufacturing to produce high-performance components at speed and scale. Its location within the Silverstone cluster provides access to specialist skills, supply chains and testing environments, supporting innovation-led manufacturing. 21 Innovation, scale-up and venture “At EIT we’re building a new kind of institute which will speed up the path from discovery science to real-world impact. The clear-headed leadership of the Oxford to Cambridge Growth Corridor has helped us advocate for the infrastructure changes we need to make the wider science ecosystem a success. By amplifying the business community's aspirations and overcoming key obstacles, the Corridor has been able to present a bold vision for economic growth which benefits the whole of the UK.” Lisa Flashner, Chief Operating Officer, the Ellison Institute of Technology, Oxford What makes the system work: Research depth: Two of the world's top universities, alongside institutes including the Wellcome Genome Campus, Babraham and Culham, generate a continuous flow of commercially viable IP across life sciences, AI, quantum and clean energy. Clinical adjacency: The Corridor offers direct proximity to world-class patient cohorts, clinical trial infrastructure and NHS research hospitals. The ability to test in patients — not just in labs — compresses development timelines and de-risks investment. Scale-up infrastructure: Science parks, research campuses and incubators across the Corridor provide space for companies at every stage, from earliest spin-out to pre-IPO growth. The central corridor advantage: Real-world testbed environments around Milton Keynes, Silverstone and Bedford allow technologies to move from lab to live deployment — including the UK's leading urban testbed for autonomous vehicles and one of the world's largest commercial robotics deployments.. Capital connectivity: Proximity to London's financial markets supports later- stage fundraising, M&A and internationalisation, while a growing local venture ecosystem means early-stage capital is increasingly available within the Corridor itself. Image: Culham Campus Innovation in Action: Pragmatic Semiconductor Pragmatic Semiconductor exemplifies the power of connected UK innovation clusters. Built on IP from the University of Manchester, headquartered at Cambridge Science Park, and manufacturing at scale in the North East (Durham), it is one of the UK’s largest semiconductor companies producing ultra-low- cost, flexible chips. Backed by investors from both regions (Cambridge Innovation Capital and Northern Gritstone), it demonstrates how integrated ecosystems can accelerate breakthrough companies. How to engage: This is the start of the conversation. Contact the Office for Investment at OxCam@officeforinvestment.gov.uk - your entry point into the Oxford to Cambridge Growth Corridor. For infrastructure and development investors OfI will coordinate the first conversation and connect you to the organisations delivering specific projects. For venture capital, growth equity and corporate venture OfI will help you navigate the innovation ecosystem and make relevant introductions across the Corridor. For companies looking to locate, expand or enter the UK market OfI will connect you with local partners on sites, skills, infrastructure and market entry. Connect with us  OxCam@officeforinvestment.gov.uk 22 Image: Ray Dolby Centre Sources Page 2 1. Beauhurst (2025) Spotlight on Spinouts 2. 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GOV.UK, PM secures new agreement with EU to benefit British people, accessed April 2026 23 Page 6 1. Beauhurst (2025) Spotlight on Spinouts 2. Aggregate statistics from FDI Markets (2025) 3. High Tech Clusters based on internal high-level research, Clusters included in analysis were Bengaluru, Berlin, Boston Cambridge, Shenzen/HK/Guangzhou, Silicon Valley, Stockholm, Tel Aviv, Tokyo Yokohama. This is not an exhaustive list and therefore comparisons with other clusters would potentially uncover different trends (2025 analysis) 4. Bidwells, CBR. Using ONS Nomis Data. (2025) Knowledge intensive services includes engineering consultancy and testing. Other Services includes hospitality, sport and leisure 5. University of Oxford (2025) Award winners 6. University of Cambridge (2025) Nobel Prize 7. Office for National Statistics (2025) Regional gross domestic product, all ITL regions 8. World Intellectual Property Organization (2025) Global Innovation Index 2025 Page 8 1. Times Higher Education (2025) World University Rankings 2026 2. Silverstone (2025) Where are F1 teams based? A look at the headquarters and engineering hubs of Formula 1 3. Harwell Campus (2024) Harwell Campus solidifies its position as leading space hub 4. North Northamptonshire Council (2025) Climate Change Strategy Page 9 1. Savills (2024) Global Occupier Markets – Spotlight on the life sciences sector 2. UK National Quantum Technologies Programme (Accessed 2025) About us 3. University of Cambridge (Accessed 2025) Under the bonnet at Dawn – the UK's fastest AI supercomputer 4. Arm (Accessed 2025) Smartphones 5. University of Oxford (2024) University of Oxford and Ellison Institute of Technology join forces in a transformative strategic alliance Page 10 1. Cranfield University (Accessed October 2025) Aerospace 2. Microsoft (Accessed 2025) Microsoft Research Cambridge Department for Business and Trade The UK’s Department for Business and Trade is an economic growth department. 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