Knowledge Transfer
Partnerships (KTP)
Providing resources and expertise through academic
collaboration to address businesses’ strategic needs
What is KTP?
Knowledge Transfer Partnerships (KTP) are….
Partnerships involving
a Company ,
a Knowledge Base and uses…
a recently Qualified Person to carry out
a Strategic Project with benefits to all parties.
A different form of University –Industry engagement
KTP Partnership
Model
Knowledge transfer
Knowledge Base
Company
How does it work?
• Focused team for 6-36 months
• Associate works full time on the company premises – but
employed by University
•
Academic supervises Associate ½ a day per week on average at
the company
•
Company supervises as per normal employee
•
Associate project manages
•
Formal project management disciplines imposed
•
IN PARTNERSHIP
Why do people do KTP?
WIN – WIN – WIN
• A partnership between a company and a University to provide
knowledge transfer to the company for strategic development, improved
capability and bottom line improvement
One off npbt £70k , annual post project npbt £240k
• An opportunity for academics to extend research interests and feedback
real-life applications of knowledge to teaching 3 papers,8 projects,
demonstrate impact and build up long term relationships with industry
excellent impact case study
• Accelerated career development for a young graduate or post doc
What does it
Cost?
• Classic 1-3 yr project
• Approx Budget £60k/yr, (£70k/yr for PhD)
• If SME
Gov pays 67% - £40k/yr and company pays 33% - £20k/yr + any
top up to Associate salary
• If large company
Gov and company pay 50% - i.e. £30k/yr + top up
Eligibility ?
•
All sectors , all disciplines , all sizes of business that create wealth
•
Business stable, robust and able to afford contribution
•
Strategic to the business but outside their expertise - leading to wealth
creation and economic growth
•
Stimulating and challenging and beneficial for the academic team
•
Challenging for Associate
What is the process?
•
Contact your local Adviser or KTP Office ( www.ktponline.org.uk)
•
Complete an Expression of Interest (EOI)
•
Partnership meets with Adviser
•
If given go-ahead – partnership submits proposal for funding
•
85% success rate
•
Allowed up to 6 months to appoint Associate
•
LMC meetings every 4 months.
Opportunities ?
•
We have funding for 600 new projects this year.
•
We want over 100 applicants per closing date
•
Only 2 closing dates left for the year.
ACT NOW!!!!!!!!
I am here to discuss your ideas.
Interested ?
For further information please contact:
Russ Bromley
KTP Adviser for the North and West Midlands
Phone: 07889 829 322
Email: rb.ktp@talktalk.net
Website: www.ktponline.org.uk
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