6 ISSUES FOR JUST £6 Subscribe to Business & Professional Life today CLICK HERE

Government awards specialist manufacturing funding to Oxfordshire companies and Oxford University

PUBLISHED: 10:10 18 March 2013 | UPDATED: 21:11 05 April 2013

Vince Cable, Secretary of State for Business, Innovation and Skills announced that Zeta Controls Limited from Bicester, Prodrive Automotive Technology (Europe) Limited from Banbury and Oxford University have won bids...

Government awards specialist manufacturing funding to Oxfordshire companies and Oxford University

Vince Cable, Secretary of State for Business, Innovation and Skills announced that Zeta Controls Limited from Bicester, Prodrive Automotive Technology (Europe) Limited from Banbury and Oxford University have won bids for the Governments Automotive Supply Chain Funding Initiative (AMSCI). The three Oxfordshire organisations are among 12 projects around the country awarded a total of 73m, with a further 140m raised from match funding for private sector lenders. All bids are subject to due diligence.

Zeta Controls Limited has been offered 3.75m funding as part of the Indigenous Sustainable Manufacturing Supply Chain for Solid State Lighting project. Prodrive Automotive Technology (Europe) Limited received its offer as part of the Niche Luxury Vehicle Cluster Supplier Capacity Building programme and Oxford University for its role in the Proving Integrity of Complex Automotive Systems project.

The funding was offered in the second round of the AMSCI initiative which is part funded by the Government's Regional Growth Fund and delivered in partnership with the Technology Strategy Board, Birmingham City Council, and Finance Birmingham on behalf of the Department for Business, Innovation and Skills.

With available finance of up to 125 million, the initiative was established in December 2011 to help existing UK supply chains grow and achieve world class standards, while encouraging major new suppliers to come and manufacture here in Britain. The Chancellor announced additional funding of 120M for two further AMSCI rounds in the 2012 Autumn Statement. The Competition Brief for these new rounds (AMSCI Rounds 3 and 4) has been published on the Technology Strategy Board (TSB) website www.innovateuk.org.

The Oxfordshire Local Enterprise Partnership was formally launched by the Business Minister, Mark Prisk MP, in March 2011, to be responsible for businesses, academia and the public sector, it is driving economic development across the county. The Partnerships overarching aim is to be the catalyst for realising Oxfordshires economic and commercial potential.

The Partnership supports and champion key programmes that are helping to further realise the economic dynamism of Oxfordshire:



  • Getting the county connected to fast broadband access and improve mobile phone coverage

  • Improving the skills of Oxfordshires workforce and those people about to enter the workforce

  • Increasing inward investment in Oxfordshire

  • Enabling improved access to finance

  • Developing the business support services for Oxfordshires businesses

  • Improving infrastructure for growth and jobs

  • Encouraging innovation across the county



More information can be found at www.oxfordshirelep.org.uk


0 comments

More from Cotswold Life

Friday, November 16, 2018

“‘Flexitarians’ can do one though, being alleged vegetarians who still can’t resist the sizzling siren song of the bacon sandwich when no-one is looking.” Editor Mike Lowe is attempting to seek reconciliation with those he has annoyed… well, sort of.

Read more
Thursday, November 15, 2018

Choral carol services and grand instrumental performances, with the backdrop of some of the Cotswolds most picturesque locations, are perfect ways to embrace the festivities. We pick some of the best carol services and concerts to enjoy in the region

Read more
Thursday, November 15, 2018

“This letting to Oxford nanoSystems is a fantastic example of how we are able to provide first class facilities for growing technology companies at Abingdon Business Park.”

Read more
Thursday, November 15, 2018

One of the UK’s leading training and education specialists has launched a skills hub in Nuneaton

Read more
Thursday, November 15, 2018

“The logistics hub is another example of where we have worked in partnership to support skills needs in the area and link our student body with future job opportunities.”

Read more
Thursday, November 15, 2018

“It was fantastic to see how this project is making a real difference to the lives of young people at risk of social exclusion.”

Read more
Thursday, November 15, 2018

It has become the 90th store to accept the gift card in Cheltenham

Read more
Thursday, November 15, 2018

As well as three days of action-packed racing and tradition, there’s plenty to do away from the course at this year’s November Meeting. Neil Phillips, The Wine Tipster, shares his 14 suggestions on how to make the most of your time at Cheltenham Racecourse

Read more
Wednesday, November 14, 2018

From festive light switch-ons and Santa’s Grottos, to Victorian Christmas Fayres and late-night shopping, we’ve covered what’s on in and around the Cotswolds this season

Read more
Wednesday, November 14, 2018

Property prices across Gloucestershire and the Cotswolds have risen steadily over the last few years, reflecting the trend across the country. But which area has shown the most dramatic hike in prices recently, and how does your postcode and house type compare with others in the area? You may be surprised to see the results...

Read more
Wednesday, November 14, 2018

Wine Wednesday’s with Vintopia of Tetbury.

Read more
Wednesday, November 14, 2018

Festive a la carte menu launches in Grey’s Brasserie from 26th November.

Read more
Wednesday, November 14, 2018

Cotswold Life readers enjoy a complimentary glass of wine with our compliments when joining us for our Autumn Feast Lunch Offer.

Read more
Tuesday, November 13, 2018

Harnessing the power of social media, charity awards and dreaming up new projects - it’s all in a day’s work for Gloucestershire children’s charity Pied Piper and its corporate supporters

Read more

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy

Topics of Interest

Food and Drink Directory A+ Education

Subscribe or buy a mag today

subscription ad

Local Business Directory

Property Search