Knowledge Transfer Partnerships (KTP) is a well-established Innovate UK programme which helps organisations improve their competitiveness, productivity, performance and profitability by tapping into the knowledge, skills and expertise in UK universities. KTPs enable universities to apply their wealth of knowledge and expertise to important business problems, facilitate collaborations that lead to measurable research impact, and provide an employment opportunity for high-calibre graduates.
A KTP is a three-way partnership between a business, a university and a graduate. The graduate is employed by the University to liaise between the University and the business, in order to transfer knowledge, through the development of new processes or products. KTPs are funded by a government grant and by the business, with the average investment typically being around £90,000pa with grants available of up to 67% for small companies or 50% for larger organisations.
The benefits to the University of KTPs include: research-related income and a success rate significantly beyond other translational funding sources. It is a relatively low risk approach to knowledge transfer, though grants can be withdrawn if one or other of the parties does not continue with the agreed workplan or monitoring processes.
The University has a dedicated Knowledge Transfer Team who can assist in the development and submission of the KTP grants.
Knowledge Transfer Manager