partnership structure ktp funding partners what is ktp? give a man a fish and you feed him for a...
TRANSCRIPT
Partnership Structure
KTP Funding Partners
What is KTP?
Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime…
Lao Tzu
“
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KTP Mission
Knowledge Transfer Partnerships
is Europe’s leading programme helping
businesses to improve their
competitiveness, productivity and
performance through the better use of
knowledge, technology and skills that reside
within the UK knowledge base.
Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills, presenting the Overall Winning Partnership Award to
Cherry Pipes Limited at Innovate ‘11
Some Figures
January 2012
£34mGrants committed
£84mBusiness contributions
1176Live partnerships(includes classic and shorter KTPs)
1234Live projects(includes 199 shorter KTPs)
Data from 2010/11 Annual Report
Features
Innovative project of clear strategic relevance to the business
Sound business case
Stimulating and challenging for all three partners
Demonstrating a step change in innovation
Quantifiable impact for all three partners
Project Criteria
Clear knowledge transfer
Clear benefit from KB involvement
The Features of KTP
Project length of between 6 months and 3 years
Associates recruited by KB and Business partners
The Associate is employed by the KB partner
Project located at business premises with business supervisor
KB Supervisor spends approx. half a day per week at the business premises
Project Budget
Annual budget ~£60k
Includes T&S, consumables and training
Equipment owned by KB Partner on completion
SMEs contribute 33%
Large businesses contribute 50%
Who is eligibleBusinesses, Academics, Graduates
Business Partners
• Stable companies of all sizes from all industrial sectors
• Charities and not-for-profit organisations
• Education institutions (LEAs and schools)
• Health organisations (hospitals and NHS Trusts)
• Councils and Local Authorities
Available for:
Knowledge Base Partners
• Higher Education Institutions
• Further Education Institutions
• Research and Technology Organisations
• Public Sector Research Institutes
Suitable for:
The Associate
• First degree ~ 83% hold 1st or 2(i)
• Higher degree ~ 59%
• NVQ level 4
• Average age 29 years
• All disciplines
Recently Qualified with:
Business Benefits
Benefits per Associate project
• Increase in annual profit before tax ~ £240,000
• Investment in plant and machinery ~ £106,000
• New jobs created 2
• Business staff trained 15
• New research projects initiated 3
• Commercial benefits from application of IP ~ 27%
Business Benefits
Benefits per £1 million
• New jobs created 23
• Company staff trained 196
• One-off increase in tax before profit £0.9m
• Anticipated increase in annual profit before tax £3.08mafter partnership is completed
• Investment in plant & machinery £1.35m
Knowledge Base Benefits
Knowledge Base• Income
• Published papers
• Teaching materials, case studies and projects (84%)
• New research themes – commercial relevance (75%)
• Staff development – commercial awareness (96%)
• Higher degree registrations
• Graduate career opportunities
• Exploitation of IP developed during project (27% expect commercial benefits)
• Strategic relationship with business (74%)
Associate Benefits
Associate• Competitive salary
• Part of one of the country’s largest graduate recruitment schemes
• Employment within the chosen academic discipline
• Fast-track career development
• Opportunity to register for higher degree during project
• 73% of Associates are offered employment by the host business
• Training and development to National Management Standards
The Application Process
Prepare EOI* for submission to KTP Adviser
Prepare EOI* for submission to KTP Adviser
Prepare application with guidance from
KTP Adviser
Prepare application with guidance from
KTP Adviser
Application assessed by Partnership
Approval Group (PAG)
Application assessed by Partnership
Approval Group (PAG)
Proposal funded – continued input from
KTP Adviser
Proposal funded – continued input from
KTP Adviser
* EOI – Expression of Interest
Contact us
KTP Advisers
Neil GriceTel.: 01929 409354
Email: [email protected]
Norman StockTel.: 01202 965575
Email: [email protected]
Tel.: 0300 321 4357
Email: [email protected]
Web: www.ktponline.org.uk
KTP - Technology Strategy Board
General enquiries
Bournemouth University
Knowledge Transfer Partnershipshttp://www.ktponline.org.uk/
Technology Strategy Boardwww.innovateuk.org
_connecthttps://connect.innovateuk.org/web/guest/home