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

Knowledge Base

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 SMEGov 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 BromleyKTP Adviser for the North and West Midlands

Phone: 07889 829 322Email: rb.ktp@talktalk.net

Website: www.ktponline.org.uk

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