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The Government is investing seven million pounds in a new enterprise zone in Oxford to promote science jobs in the local economy. It's estimated that the bioscience innovation hub will create up to 370 new jobs. It's part of a range of measures announced by Ministers today.
ITV Meridian spoke to Kris Hopkins MP, Communities Minister.
Oxford and the Solent are to benefit from millions of pounds of Government money aimed at boosting businesses and local communities.
The two are among twelve across the country chosen as Enterprise Zones, where a £100 million package will support critical business infrastructure.
There will be tax breaks for small firms and jobs created in key industries.