Support for Innovation and Growth, A Collaborative Workshop and Exhibition for Business Universities of Warwick & Coventry Dr Russ Bromley Regional KTP Adviser - West Midlands bromley2@mac.com KTP Contacts: Diane Park - KTP Manager, University of Warwick: diane.park@warwick.ac.uk Jose Freedman - KTP Adviser: jose@horsebrookmanagement.co.uk 13th May 2015 KNOWLEDGE TRANSFER PARTNERSHIPS 1975 – 2015 CELEBRATES 40 YEARS OF SUCCESS 1975 - 2015 Size of Enterprise >250 Employees (25%) 50-249 Employees (29%) <10 Employees (9%) 10-49 Employees (37%) May 2015 - 805 Current Partnerships Partnership Structure Associate Works in Company but on University payroll KTP PARTNERSHIP University TEAM (LMC) Lead Academic plus an Academic Supervisor Company CEO / MD plus a Company Supervisor KTP Partnership Team Innovate UK KTP Funding Partners KTP Policy Effective from August 21st 2013 Proposals will only be supported that show …… Wealth Creation & contribution to Economic Growth + Academic Challenge at a minimum of Master’s Level KTP CASE STUDY 1 Staffordshire University Staffordshire University KTP DESIGNS & LAUNCHES A NEW PRODUCT Kenny Macfarlane Associate 2010 Timber Trade Journal Award 2011 Construction News Rising Star Award 2012 TSB BLT Award Clive Durose, creating beautiful stairs. KTP CASE STUDY 2 Aston University KTP DEVELOPS & IMPLEMENTS A NEW INTEGRATED MIS SYSTEM Winner of the 2013 Institution of Mechanical Engineers Lombard Award for Innovations in Products and Processes. KTP CASE STUDY 3 UNIVERSITY OF WOLVERHAMPTON ODOUR SERVICES INTERNATIONAL LTD KTP ADDS NEW MICROBIOLOGICAL TECHNIQUES REPLACING CHEMICAL SCRUBBING Odour control using bespoke bacterial cultures 60% ENERGY SAVING £1.4m new orders £8m future contracts in 12 months Dr Wan Li Low BLT KTP CASE STUDY 4 KTP DEVELOPS NEW MATERIAL PROCESS AND PROTOTYPES • Medical implant components made with very pure Titanium via metal injection moulding. • 87% cost saving on CNC • Associate now managing the production facility in the US • Academic partner University of Sheffield Dr Emma Gill Business Benefits? Long-term, strategic relationship with academic partner Recruitment of the ‘right’ people Transfer Embedding of knowledge/ expertise of innovation culture Business Benefits (2) Average Benefits per Associate project: Increase in annual profit before tax ~ £284,000 Investment in plant and machinery ~ £114,000 New jobs created 3 Business staff trained 29 New research projects initiated 3 Commercial benefits from application of IP ~ 28% Further Reading? NCUB National Centre for Universities & Business A number of reports on Business /University collaboration notably…… “Key Attributes for Successful Knowledge Transfer Partnerships” Commissioned by the Technology Strategy Board and the Research Councils See www.ncub.co.uk What does it Cost? • Classic 1-3 yr project • Approx. Total Budget = £60k/yr, (£70k/yr for PhD Associate) • If SME (5 – 249 staff) Govt. pays 67% i.e ~£40k/yr Company pays 33% i.e. ~£20k/yr + any top up to Associate salary of over £23k/an • If a Large Company (more than 250 staff) Govt. and Company pay 50% each - i.e. £30k/yr + top up IS KTP A GOOD DEAL? YES - EVERYBODY WINS COMPANY UNIVERSITY & ASSOCIATE Any Questions? 2012 -2013 KTP Annual Report extract 98 HEIs involved via 350 departments INVESTMENT IN KTP RESULTS UK Businesses stand to benefit by Rise in profits of £178m 1100 new jobs created Increase in annual exports of £138m Investments in R & D, plant & machinery of £71m