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A report on the city deal bid will be discussed at a meeting of the City Executive Board next week. Oxford has submitted an expression of interest in bidding for government funding which focused on transformational growth through stimulating the local knowledge economy. The combination of the two world class universities and ‘Big Science’ in the Science Vale are central to the bid.

The City Deal Bid Team comprises representatives from the six local authorities, the Local Enterprise Partnership, University of Oxford and Oxford Brookes Universities and representatives of Science and Research organisations at Harwell and Culham has been overseeing the development of the bid. The County Council has chaired the Bid Team and been leading on co-ordination with support provided by the City Council.

This report sets out an ‘ambition’ statement which form the basis for discussions with partners and Government civil servants advising the Bid Team and will continue through to submission of the final Negotiation Document in October 2013.