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First two high tech companies sign up to move to the new Wood Centre for Innovation

Two Oxfordshire businesses are the first to sign up to rent space in the new Wood Centre for Innovation (WCFI) when it opens in April 2019.

Currently under construction, WCFI will offer 25,000 sq-ft of contemporary office space for science and tech start-up and grow-on companies at Stansfeld Park in Headington Quarry.

First to book office space in the new centre is Triteq, a medical product design and development consultancy, and Ultromics, a business that uses artificial intelligence (AI) to build diagnostic aids for cardiovascular diseases.

Angela Hobbs, Managing Director of Triteq said: “We felt the Wood Centre for Innovation was the ideal place for us to move to as the woodland location, combined with close proximity to Oxford city centre and London, meant we had the best of both worlds. Working at WCFI means we’ll become part of a community of businesses working within the science and technology sectors.”

Ross Upton, co-founder and CEO of Ultromics, said: “The Wood Centre for Innovation is the ideal building for us as we wanted to be located among other companies working in the science and technology sectors as well as being located a stone’s throw from the John Radcliffe Hospital and Cardiovascular Clinical Research Facility, where much of our research takes place.”

Located in 15 acres of woodland, WCFI will provide purpose-built space and support for growing companies that work in science and technology.

As well as this, the centre will provide meeting rooms for up to 20 people, a 120-seater auditorium, video and conferencing facilities, an on-site café and an outdoor eating area.

The new business hub is located close to the city’s health and data sciences quarter – which compromises the University of Oxford’s Old Road campus, clinical research facilities at the city’s hospitals and Oxford Brookes University – as well as major transport routes.

The new centre is owned by The Oxford Trust, and named after the charity’s patrons, Sir Martin and Lady Audrey Wood, who set up Oxford Instruments, the University’s first spin-out. Managed by Oxford Innovation (OI), the UK’s leading operator of innovation centres, WCFI will be the company’s 23rd building in the UK.

WCFI will be partnered with OCFI, based on New Road in central Oxford, enabling sharing of resources and providing a venue for city centre meetings. Both buildings will be managed by new Centre Director Mike Foster, who starts in early December.

Jo Stevens, Managing Director of Oxford Innovation said: “At Oxford Innovation we are proud of our track record of incubating, harnessing and nurturing talent and innovation, enabling start-ups and entrepreneurs to push the boundaries of science and progress.

“We are thrilled to be so close to opening what will be a magnificent facility for Oxford, which will further bolster the city’s credentials as a leader in science and technology – providing a new platform from which to grow new ventures and jobs.”

Steve Burgess, CEO of The Oxford Trust, said: “We are really pleased that Triteq and Utromics have decided to take space in our new innovation centre. The Trust’s mission is to support science and enterprise and we are looking forward to see a real hub of cutting-edge science and tech businesses at Stansfeld Park.”

If you are interested in space at the new centre, email wcfi@oxin.co.uk or call the Oxford Innovation team on 01865 261400 to arrange a tour. 

 

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