The Oxford Science Park sponsors the OXBA Innovation Award

23 January 2024

Oxfordshire companies which are progressing valuable innovations can apply now for The Oxford Science Park Innovation Award, one of 2024’s Oxfordshire Business Awards (OXBA). The Oxford Science Park, one of the UK’s leading parks for science and technology companies, is pleased to continue sponsoring this important recognition of innovation.

This award is open to any organisation irrespective of size or sector, including both start-ups and established businesses. The judges will be looking for evidence of the development and/or introduction within the last three years of an innovative product, process, service or business method.

The innovation should be shown to have a quantifiable benefit, both actual and projected, against key performance indicators for the applicant organisation. For example (but not limited to):

Development of a new market (e.g. for a start-up)
Growth in sales/increase throughout
Reduction in cost, energy use or waste
Reduction in delivery times
Increase in customer/client satisfaction
Increase in staff efficiency and satisfaction

Applications should give a clear description of the innovation and its background, including how ‘open innovation’ and collaboration may have been relevant, and showing a plan for continued implementation and development. The judges will balance the scale and ambition of the innovation with the size, scope and maturity of the business.

Evidence in support of the application is welcome, including marketing material, brochures, images, website links, case studies, and testimonials.

Rory Maw, CEO of The Oxford Science Park, said, “We are delighted to announce our continued involvement for the seventh consecutive year with the Oxfordshire Business Awards, an event that celebrates excellence across the county. This longstanding partnership allows us to recognise successful and innovative businesses which are making a real impact. We encourage those companies to apply for our Innovation Award, as well as those with exciting developments in other areas. Sponsorship of the Innovation Award is fully aligned with The Oxford Science Park’s mission to promote innovation and entrepreneurship in Oxford, a mission which is being accelerated by our ambitious development plan.”

About The Oxford Science Park

One of Europe's leading science parks, The Oxford Science Park is majority owned by Magdalen College Oxford in strategic partnership with an affiliate of global investor GIC. With the partners sharing a long-term outlook, they are focused on the development of the Park to support the ambitious growth of new and existing science and technology occupiers from the UK and abroad.

With sought-after proximity to the world’s leading university, The Oxford Science Park is an important part of the region’s reputation for improving global health and wellbeing.

With close to 100 pioneering organisations, The Oxford Science Park is one of the world’s premier innovation ecosystems. From University of Oxford spinouts to growth companies tackling metabolic disease, medical device companies and key players in the pandemic response, there’s a vast array of expertise at The Oxford Science Park. There’s a culture of success too, with occupiers growing their businesses significantly on site and raising millions of pounds in funding – over £2bn since the start of 2020.

About the Oxfordshire Business Awards

For 28 years, the Oxfordshire Business Awards (OXBA) has been recognising, rewarding, promoting and celebrating the excellence of Oxfordshire-based companies. Organised and supported by some of the county’s leading organisations, the OXBA are firmly established as a benchmark for excellence in today’s competitive business environment.

Click the link if you wish to know more about it or to enter any of the Awards

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