What would really make a difference to your business? A better product, an improved process, a new technology?
A Knowledge Transfer Partnership (KTP) is a tried-and-tested government programme which brings an ambitious graduate, supported by a university specialist, into your company to lead a project and make that difference. And a smaller organisation pays just one third of the cost!
Many thousands of companies have already benefited from KTP, and you can see some examples on our Case Studies page. Research shows that on average a Partnership will generate:
Other benefits include access to the latest research and an embedding of innovation culture.
KTP is primarily focused on smaller companies, but larger businesses can also take part, as can some public and third sector organisations.
Your project needs to show ambitious levels of innovation, impact and challenge. For example, is what you will develop new to your sector? Will the project transform the business and have a broader impact too? Is it more than a routine operation, one that will really challenge the project team? If you can answer 'yes' to all of these, KTP could be your solution.
Almost any company with a base in the UK can take part, though very small or recently established businesses will need evidence of how they can afford a KTP and invest in its outcomes.
KTP Associate Charlie Symonds, who developed a sustainability strategy for Stannah Stairlifts
A project can last from one to three years.
For a small or medium size company, government bodies such as Innovate UK contribute two-thirds of the cost. So for a typical project worth £75k pa the company pays just £25k a year.
Contact our KTP Office to discuss your idea. We will scope out a project with you, and work together on the grant application.
*Figure from Innovate UK, 2015