Knowledge Transfer Partnerships

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’