Oxford launches regional partnership to drive equitable, innovation-led growth
First success with announcement of NatWest investment boost for start-ups in the region
The EnSpire team were delighted to attend the launch of a major new regional partnership, Equinox (Equitable Innovation Oxford), establishing Oxford as a global centre for innovation and entrepreneurship. Launched on 10 November in Oxford by the Rt Hon Anneliese Dodds, Equinox will focus on creating the ecosystem needed to scale up companies, attract inward investment, and foster talent.
Initiated by the University of Oxford, Equinox is formed of over 40 key regional partners including Oxfordshire County Council, Moderna, Advanced Oxford, Oxford University Innovation, Oxford Science Enterprises, the Ellison Institute of Technology (EIT), Oxford Nanopore, and Siemens Healthineers.
Bringing together universities, local leaders, government, businesses, investors, and communities under one collaborative banner, Equinox will champion equitable innovation and socially responsible economic growth. Equinox’s objectives are to bring these elements together under one umbrella for the Oxford region. Equinox’s first success is collaborating with the NatWest Accelerator to help local entrepreneurs connect with expert networks, access funding and scale their businesses. Speaking on a video to announce the launch, Lord Vallance, Minister for Science, Innovation, Research and Nuclear, and Oxford-Cambridge Growth Corridor Champion, said:
“Equinox’s launch marks an important step forward for Oxfordshire and for the whole Oxford-Cambridge Growth Corridor: driving inclusive growth, fostering innovation, and delivering benefits that will be felt locally, nationally, and globally. The success of Oxfordshire’s innovation ecosystem is vital to our national mission for growth.”
Professor Irene Tracey, Vice-Chancellor of the University of Oxford, said: “Oxford University has always been a place where great and ground-breaking ideas begin – but our responsibility is to ensure they can develop, thrive and have impact here in our region. Equinox brings together the extraordinary talent, research and entrepreneurial drive of Oxfordshire to create a more connected, equitable innovation ecosystem where everyone benefits. By working in true partnership – across universities, business, government and communities – we can turn discovery into opportunity, and opportunity into shared prosperity. This is the power of Oxford’s innovation: generous service to society.”
In support of Equinox, NatWest announced the launch of a new NatWest Accelerator, which will provide tailored growth support with specialist banking expertise to help start-ups in Oxfordshire. Robert Begbie, NatWest Commercial and Institutional CEO, said:
“This partnership marks a significant milestone in our NatWest Accelerator expansion strategy and a first-of-its-kind for Oxfordshire. Through the proven NatWest Accelerator, we embed deep support for founders - combining local networks, national expertise and our regional specialist sector and venture banking services to help businesses scale with confidence. Our commitment to Equinox reflects our belief that inclusive innovation ecosystems are key to unlocking long-term regional prosperity and we’re proud to be part of shaping that future in Oxford.”
EnSpire is proud to be playing a leading role in the NatWest Accelerator for Oxfordshire. This collaboration brings together NatWest’s proven accelerator model and EnSpire’s experience in nurturing ventures from across the University and the wider region. Our shared aim is to ensure that entrepreneurs in Oxfordshire can not only start and grow their ventures, but also connect into the wider ecosystem of investors, innovation assets and talent that exists across the region.
The accelerator is a core element of Equinox’s mission to build a more connected, equitable innovation ecosystem and to ensure that Oxfordshire’s world-class ideas translate into long-term, shared prosperity. By aligning the strengths of NatWest, Equinox and EnSpire, we are helping to create the conditions for innovation-led growth that benefits communities and businesses across the county and beyond.
Mairi Gibbs, CEO, Oxford University Innovation and member of the Equinox council, said: “At Oxford University Innovation, we see the ideas and discoveries emerging from across the University every day - ideas that can redefine industries and tackle global challenges. Through the Equinox partnership, we can connect this extraordinary pipeline of innovation to the regional strengths and shared ambition that will turn potential into a better future. Together, we can strengthen Oxfordshire’s innovation ecosystem, attract investment, and ensure that Oxford’s innovation leads to impact – impact that is shared, sustainable, and felt across our region.”
Ed Bussey, CEO of Oxford Science Enterprises, Oxford-Cambridge SuperCluster Board Member and member of the Equinox council, said: “Equinox will be a vital accelerator for the momentum already building in Oxford. This world-leading ecosystem for science and technology, centred around the University, has produced two unicorns in the last two months — including one from our own portfolio. However, the shortage of UK domiciled scale-up and corporate investment capital — particularly on the ground in Oxford — remains a clear constraint on fully realising the huge opportunity ahead. Equinox will provide the collaborative framework needed to bring together the University, investors, companies, and local leaders to attract that investment into Oxford. This will help us anchor transformational science and technology companies here, securing their economic and strategic value for the region and the entire UK.”
