https://innovateuk.blog.gov.uk/2015/10/20/meet-the-family-the-knowledge-transfer-partnerships-ktp/

Meet the family – the Knowledge Transfer Partnerships (KTP)

A Knowledge Transfer Partnership is a partnership between your business and an academic institution (such as university or college).  A recently qualified person (known as an Associate) is placed within the business and becomes the link between the business and the academic institution. This Associate enables you to access the skills and expertise of that academic institution with the Associate embedding the required knowledge in the business through a range of projects. The aim is to help a business improve their competitiveness, productivity and performance.

KTP Awards 2014
KTP Awards 2014 presented at Innovate UK 2014 event

Partnerships vary in length from 6 months to three years, depending on the needs of the business and the desired outcomes.

There have been almost 8000 KTPs during the programme lifetime (it was launched as Teaching Company Scheme, TCS, in 1975 and became Knowledge Transfer Partnerships, KTP, in 2003). 

Memorable KTPs

  • De Montfort University and James Gilbert Ltd (Rugby Ball makers) developed an "all weather" Rugby Football using advanced aerodynamic and computer aided dynamics analysis.  The rugby balls thus developed went to be used in professional rugby, including the World Cup.  The project ran between 1993 and 1995
  • Birmingham City University and Morgan Motor Cars designed a concept car, the AeroMax. This KTP project provided Morgan with a proactive, controlled design process, facilitating the creation of innovative concept and production vehicles to stimulate the market and attract new customers to the brand.

Part-funded by a Government grant

A small to medium-sized enterprise (SME) would be expected to contribute about a third of the costs involved in the project with the average annual contribution to a project for an SME being around £20,000.

How a KTP can benefit your business

The average business benefits for a project (for which the average cost to an SME is £56,000 towards eligible project costs) may include:

• an increase of more than £1 million in annual profits before tax
• the creation of 2 new jobs, in addition to recruitment of the associate
• an additional 31 staff trained

What next?

Find out more about KTP

Take a look at an independent review of the Knowledge Transfer Partnership

Take a look at some of our KTP videos

You can follow Innovate UK on Twitter: @Innovateuk

Watch Innovate UK videos on Youtube: Innovate UK

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