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The Oxford-Cambridge Arc Economic Prospectus Foreword 3

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The Oxford-Cambridge Arc Economic Prospectus Foreword 3 The Oxford-Cambridge Arc Economic Prospectus Foreword 3 Foreword We are at a critical time, during which we can release the potential of the our nation’s economic resilience is being Arc’s key sectors, scientific community tested far beyond anything we’ve seen and entrepreneurial spirit to propel before. From the pioneering work on our country’s response to the major vaccines, through to distributing tens national and global challenges we face. of thousands of ventilators to the NHS, The Arc’s place is at the forefront of the our area’s immediate response during UK’s green recovery. This is the region this pandemic confirms the strength, that can deliver new technologies, new capabilities and ingenuity of the Arc industries and new investment, at scale to region’s business community, universities strengthen the country’s position in the and public bodies. It shows our ability world economy. to collaborate, innovate and respond, at speed, to protect our health, wellbeing Through strong collaboration, we can and livelihoods. enhance the lives of our residents, increase the global opportunities for our Our vision is for the Arc to be a global businesses and improve our environment hub for innovation, and home to for the prosperity of all. exemplary models of green development that will inspire communities around the The Arc’s economic priorities are clear. world. This will be made possible through Together we can make this happen. bold leadership that focuses on the big opportunities. The Arc’s world-leading innovation across multiple sectors can deliver prosperity for the UK. We now need the commitment from Government and international investors to make the ambition a reality. Contents The Arc region has a critical mass of research, high-technology expertise and innovation assets found nowhere else Foreword 3 in the UK. Working with Government The Oxford-Cambridge Arc 4 The Arc 6 Our ambition 8 The Arc at work 8 Our commitments 9 Our immediate actions 9 Our ask of Central Government 10 Investment propositions 10 The Arc of success 16 A UK and international success story 16 Cllr Barry Wood, Professor Sir Jeremy Long, Chair of Arc Peter Gregson, Chair Arc Local Re-imagining our long-term future 19 Leadership Group Chair Arc Enterprise Universities Group Partnerships Group Our economic priorities 20 Sector strengths 22 Building a new economy 22 Connecting threads 28 A call for action 29 Left. AstraZeneca, Cambridge Biomedical Campus. 4 The Oxford-Cambridge Arc The Oxford-Cambridge Arc 5 The Oxford-Cambridge Arc The Arc is a highly successful, fast-growing and productive The Oxford-Cambridge Arc has unrivalled assets of international network of places. Our internationally renowned cities, their standing and significance. With the commitment of Government neighbouring towns and rural communities, are home to vital to long term investment in the area, the Arc will fulfil its true innovation hubs that attract knowledge-led industries and potential to deliver transformational economic growth that University of Cambridge workers and are critical locationsHigh toTech Agriculturesupport zone sustainable and will benefit the whole of the UK. Investment is critical to tackle inclusive communities. connectivity and congestion constraints and to provide the skills Colworth Science Park Wisbech that industry requires to enable the Arc to pursue its role as a Global Research Airport Cambridge Research Park leading global innovation region. Waterside Enterprise Zone Peterborough Cambridge Science Park University of Northampton March Corby Cambridge The Arc is already home to Biochemical Kettering Ely Campus nearly four million people Huntingdon Anglia Ruskin and two million jobs which Wellingborough University Silverstone Park Rushden together generate over £111bn Daventry Babraham Northampton St Neots Cambridge Research Park of economic output each Granta Park, year. With investment, this The Open University Bedford Great Abingdon University of Haverhill area will enhance its world- Banbury Buckingham Milton Keynes Research leading science, technologies Park From understanding the building blocks Above. Students at National Film and Wellcome Genome Campus and industries which can drive Westcott of life in DNA, through to today’s search Television School. Venture Leighton Buzzard competitive growth, deliver Park Bicester Millbrook Technology Park for new vaccines. From pioneering Dunstable Luton Below. Oxford University COVID Begbroke Cranfield University sustainable outcomes and IVF medical practices, to connected vaccine development. Science Park Aylesbury Luton Enterprise Zone machine learning that is stimulating Witney secure inclusive job creation University of Bedfordshire human behaviour. From codebreakers Oxford University of Jenner Research Institute for the UK economy over the at Bletchley, through to quantum Oxford coming decades. computing. The Arc is synonymous with Abingdon ambition, science and technology and High Wycombe Didcot knowledge industries. We now need Wallingford The region has an incredible tradition to enhance its economic ecosystem to Buckinghamshire New University of bringing the best minds together to better connect communities, expertise, create solutions to the most complex world-class capabilities and high- challenges. It is home to some of technology sectors. This will enable the world’s greatest innovators who innovation at scale and pace to inspire Oxford Science transform lives with their ideas, and lead the UK’s green recovery and Oxford Business Park Park entrepreneurs who have created world future in the world economy. Culham Science Centre leading products and services and Harwell Campus Oxford Brookes University researchers and academics who are at We have ambition for a Green Arc. the frontier of human discovery. We aim to be home to world-leading Pinewood Studios Milton Park Key Sites innovations that seek to address climate within the Arc change and the decline in natural capital. Where a protected and enhanced University Sites environment, natural resources and the health and wellbeing of people are Research and Technology Zones fundamental aspects of our economic ambition. The Arc’s growth will be Science Parks innovation-led and aimed at helping to solve the major economic, environmental, 19 FE College Groups health and social challenges facing the world. This will drive UK growth and create better-quality opportunities for our residents and businesses, now and in the future. 6 The Oxford-Cambridge Arc The Oxford-Cambridge Arc 7 The Arc is a highly successful, fast-growing and productive The Arc comprises network of places. Our internationally renowned cities, their neighbouring towns and rural communities, are home to vital innovation hubs that attract knowledge-led industries and 3.8 Million workers and are critical locations to support sustainable and Residents inclusive communities. High-tech clusters and science parks and a current GVA p.a. of £111bn 2 Million Jobs 10 universities, contributing £13bn p.a. GVA2 1 International Airport 7000+ English Heritage recognised Each part of the Arc has its own distinct potential, sites underlying specialisms, cultural attractions and heritage. Our settlements are joined together with 26 local rural economies, places of natural beauty and authorities, environmental assets that have intrinsic value. covering 5 historic county areas The Arc benefits from its position at the centre of the UK transport and logistics network that connects to the Midlands, Greater London, East Anglia, the South West 3 local of England, UK ports and global markets beyond. enterprise partnerships1 Our region’s successful places, thriving and well- connected communities are key to helping us to attract, develop and retain the skilled and talented people that 1 Combined will help drive our sustained economic future. Authority Business Board 1 emerging sub-national transport body Left. Leading Agritech, one shared Cambridgeshire. ambition Above. University of Northampton, Waterside Campus. 8 The Oxford-Cambridge Arc The Oxford-Cambridge Arc 9 Our vision: By 2050, the Arc will be the world leading place for high-value growth, innovation and productivity. A global hub where ideas and companies are generated and thrive, home to exemplary models of 21st century development, with a high- quality environment and outstanding quality of life, and with a strong economic focus that drives inclusive clean growth. Our commitments Our collective ambition is significant, and we are committed to delivering genuinely transformative outcomes. We will: Unlock investment: To enhance connectivity and innovation assets to ensure the Arc plays a leading role in Our ambition What we are about: solving big global challenges. Bold leadership: Setting and delivering Our ambition is to unlock the potential a bold and ambitious agenda for Drive economic growth: To secure of our assets to create a world leading environmentally sustainable economic positive environmental, health and innovation economy. growth within the Arc and demonstrating social change which improves the life- new routes to global economic work opportunities of local people. Using our vision, we will maximise competitiveness for the UK. the Arc’s transformative economic Promote our world-class research, potential. We will increase productivity Pioneering innovation: Spearheading innovation and technology assets: by intensifying our global strengths the adoption of new solutions emerging To strengthen the UK’s global profile. in science,
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