Science Vale and Enterprise Zones
Science Vale UK is a significant area of economic growth that is well on the way to becoming a global hotspot for enterprise and innovation. Spread across both South Oxfordshire and Vale of White Horse District Councils’ areas, it is home to a significant proportion of the region’s scientific, research and development, and high technology businesses. The region is gaining an international reputation as a first-choice business location for companies wanting to make their mark in business and research.
Science Vale UK has two enterprise zones. Business rates growth income from the enterprise zones is retained and reinvested in the local area. Enterprise zone income has helped to fund improvements to the A34 Milton Interchange, the A34 Chilton Slips and a number of other infrastructure projects in Science Vale.