KNOWLEDGETRANSFER

PARTNERSHIPSNADIA OMAR – BUSINESS DEVELOPMENT MANAGER

FACULTY OF TECHNOLOGY

KNOWLEDGE TRANSFER PARTNERSHIPS (KTP)

KNOWLEDGE TRANSFER

• KTP is one product within a larger portfolio of government initiatives to transfer knowledge from academia to industry

• The KTP scheme is highly successful and has been in place for nearly 40 years. DMU is recognised as a significant provider – over 100 KTPs

• Unique opportunity to apply research to real-life business projects, – increased profits– generation of new jobs– increase of skills for existing staff

KTP CRITERIA• Any business sector, including not-for-profit and public sector

organisations

• Businesses of all sizes

(although <10 employees usually considered too small)

• Project of strategic importance, length can vary from 1 – 3 Yrs– Evidence of need for, and potential economic benefits of knowledge transfer

• Proof of Company financial viability

KTP PROCESS• Now fully online at _connect (https://connect.innovateuk.org)

• Expression of Interest form (EOI)

• Full Proposal completed and submitted to meet deadline

• Program Approval Group (PAG) meets to review proposals (2-3wks)

• PAG Feedback received and either approved or rejected

• Grant Offer letter sent and Recruitment Process begins

PROJECT BUDGET

The project budget for a standard two year KTP would be c£140,000

This will cover: Associate Salary and employment costs

Academic time and input – ½ a day per week

Equipment and Consumables

Travel and subsistence

Associate’s Personal Development and training

The Grant @ 67% = c£93,800

SME contribution @ 33% = c£46,200 (so c£23,100 pa)

Large Organisation: Grant Rate is 50%

BENEFITS TO ORGANISATION

• Highly Skilled Individual to spearhead new project

• New strategic capability embedded within the company

• Increase in profitability and competitiveness

• Access to academic “consultant” / supervisor & DMU facilities

• “Try before you buy” opportunity

• Existing workforce enhanced through transfer of knowledge and skills

BENEFITS TO ASSOCIATE• Project and personal management skills development.

• Competitive salary - £20 - £23K with additional £4k Professional Development budget

• Full project ownership but are fully supported by experienced staff from the business and the university

• Opportunity to make a great impression!

RESOURCES

KTP online http://www.ktponline.org.uk

• Application guidance

• Case studies

Local KTP Office

• Innovation Centre, DMU• Tel. 0116 250 6211• Nadia Omar Tel 0116 207 8624