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Knowledge Transfer Partnerships

Knowledge Transfer Partnerships (KTPs) are a UK-wide, government-funded programme, aimed at assisting businesses to improve competitiveness, productivity and performance. Businesses achieve this through the use of knowledge, technology and skills available to them within universities.

We have a dedicated and highly experienced KTP team here at the University of Central Lancashire who can provide your business with support throughout your KTP process.

What will this involve?

KTP is a partnership between your business and the university. If your business enters into partnership with us, we will:

  • Implement an agreed business project, from between 12 to 36 months, central to the strategic development of your business
  • Recruit a high calibre graduate, known as the ‘associate’, who is based at your business to deliver the project
  • Provide joint supervision to the ‘associate’ through business and academic mentors

How will it benefit your business?

A KTP with us will help you and your business to:

  • Increase profits, knowledge and capability
  • Gain a competitive advantage through new products, processes and services
  • Introduce new technology through innovation
  • Become more efficient and set for growth

What does it cost and who is it for?

The total annual cost of a KTP on average is £65k, which is split between the business and the government funding body.

  • A small to medium sized business contributes around 33% of the total project costs
  • A larger business contribute 50% of the total project costs
  • The budget covers the cost of employing a full-time ‘associate’ to work at the company on the defined project, half a day per week of academic consultancy and £6k per year for travel, consumables and training for the ‘associate’