A Knowledge Transfer Partnership (KTP), is a three-way collaboration between a UK-based business, a skilled graduate (known as a KTP Associate) and a university to deliver a strategic, transformational innovation project in an organisation.
KTP projects are part-funded by substantial government grants of up to 67% of the project's cost depending on the size of the business involved.
KTPs can help to improve a business' competitiveness, productivity, performance and profitability by tapping into the knowledge, skills and expertise in UK universities and research organisations. The programme represents an extremely cost-effective means of introducing new skills into your workplace to resolve an ongoing challenge or issue.
There are two types of KTP - the classic KTP which was established at the inception of the programme (50 years ago), and the Management KTP (mKTP) which is relatively new. Both have the same aims of helping businesses improve their competitiveness, profitability etc. The KTP Team will help you determine which is the most appropriate route to take depending on your business' need. The structure of the KTP, including the application process, project fundamentals and support offered, are the same irrespective of which type of KTP is applied for.
Read about successful KTPs on the Innovate UK KTP website.