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The Knowledge Transfer Partnership (KTP) scheme helps businesses to innovate and grow. It does this by linking them with a university and a graduate to work on a specific project.

Each KTP is a three-way partnership between a business, an academic institution and a graduate. The academic institution employs the recently-qualified graduate who works at the company. The graduate, known as the ‘associate’, brings new skills and knowledge to the business.

A KTP can last between 12 and 36 months depending on the project and the needs of the business. It is part-funded by a grant. The amount businesses need to contribute is different for SMEs and larger companies.

 

The benefits of taking part in a KTP

  • businesses achieve an average increase in annual profit of more than £1 million after taking part. They also create around 2 new jobs
  • academic partners produce on average more than 3 new research projects and 2 research papers for each project
  • around 60% of associates are offered a permanent job in the company when the project ends

Find out if you’re eligible to apply for innovation funding

  • you can apply as a business if you are a company of any size or a not-for-profit organisation
  • you can apply as an academic partner if you are a university, college or research technology organisation
  • you can apply as an associate if you are a high-calibre recent graduate. You must have the knowledge and skills to lead an innovative and strategic business project

 

KTP for businesses
Taking part in a KTP can help you to develop your business. It can help you get the academic expertise that you don’t have in-house. This expertise can help your business perform better and become more competitive and productive.

A KTP is part-funded by a grant. You will need to contribute to the cost of the supervisor and the salary of the associate. The amount you will need to contribute depends on the scale and length of the project. It will also depend on the size of your company.

SME’s
If you are a small to medium-sized business (less than 250 employees), you will need to contribute a third of the costs. The average annual contribution to a project for an SME is around £23,000.

Large companies
If you are a larger business (more than 250 employees), you may need to contribute half the cost. The average annual contribution to a project for a larger company is around £30,000.

 

KTP

Get advice on taking part in a KTP
If you already have a working relationship with a university, you should contact them. Otherwise, you should get in touch with your local KTP adviser.

KTP advisers – East Midlands
Nottinghamshire, Lincolnshire, Derbyshire, Leicestershire and Rutland
Philippa Ryan – 01949 876 484 or 07944 355 538 – philippa.ryan@innovateuk.gov.uk

KTP advisors will check the feasibility of your idea and tell you if it is suitable. They can also help you find the right academic or researcher to work on your project.

 

Contact a local university

De Montfort University
Joanna Bailey – 0116 250 6211 – joanna.bailey@dmu.ac.uk

University of Leicester
Benoit Welch – 0116 252 5864 – bpw6@le.ac.uk

Loughborough University
Kathryn Burchell – 01509 228 493 – k.d.burchell@lboro.ac.uk

 

Find out how other businesses have benefitted from KTP’s

 

Useful Links – Knowledge Transfer Network (KTN) is the UK’s innovation network. It brings together business, entrepreneurs, academics and funders to develop new products, processes and services.
https://connect.innovateuk.org/knowledge-transfer-networks