Oxford Road Corridor partners selected for Innovation Accelerator programme

Ten Greater Manchester projects will receive funding and support after being selected to become part of the city-region’s Innovation Accelerator programme. Eight of these involve Oxford Road Corridor partners, or are based here in Manchester’s Knowledge Quarter.

Greater Manchester was asked by UK Government to pilot the Innovation Accelerator programme alongside Glasgow city-region and the West Midlands. The programme provides a total of £100m shared across the three regions, as well as support for developing each area’s innovation ecosystem. 

The funding, awarded by the Department for Science, Innovation and Technology (DSIT), has been allocated to innovative projects in sectors where Greater Manchester has existing research strengths, including advanced materials, artificial intelligence (AI), diagnostics and health innovation, and net zero. 

Projects will support businesses with adopting new technologies and people developing new skills, while attracting private R&D investment, creating jobs and stimulating economic growth.  

“Rebalancing R&D spending is an important element of levelling up our national economy. Providing funding and support for regional innovation ecosystems will lead to higher levels of private sector investment, creating high-quality jobs and stimulating economic growth.” 

Cllr Bev Craig, Leader of Manchester City Council

As part of the programme, the Innovation Greater Manchester board, a business-led partnership that brings together the private sector, academia and local government, has worked with Innovate UK and DSIT to select projects and co-design an Innovation Plan. This approach has empowered local business, civic and academic leaders to effectively target R&D funding for the benefit of the local economy and communities.

The projects from Corridor-based that receiving funding are:  

“The breadth and quality of the ground-breaking innovation that goes on in Greater Manchester was clear to see in the bids we received for Innovation Accelerator funding. The projects selected will have a lasting impact, stimulating our innovation ecosystem so that the whole of the city-region benefits.”

Chris Oglesby, Chair of the Innovation Greater Manchester board

To see all the successful projects and read the full quotes, visit the original article from Greater Manchester Combined Authority.

A person cycling past The Bright Building one of the key sites in the Oxford Road Corridor Enterprise Zone
Enterprise Zone

The Enterprise Zone plays a key role in attracting life sciences, health innovation, med tech, ICT, and advanced materials sectors to Manchester.