Knowledge Transfer Partnerships are recognised as the ‘gold standard’ of knowledge exchange and have been running successfully for almost 40 years. A KTP is a Partnership involving a company, a knowledge base and a recently qualified person (the KTP Associate) who is recruited by the Partnership. The aim of KTP is to support projects that result in transformational change through the knowledge transfer leading to wealth creation.
Knowledge Transfer Partnerships bring many benefits for the Partners involved
Timescales, Funding and KTP Project Management
Shorter KTPs run for 6 – 11 months duration and are often appropriate for feasibility projects.
Classic KTPs run for 12 – 36 months and aim to address long-term, strategic business issues.
KTPs are part-funded by the Technology Strategy Board and other funding organisations. The full cost is £60k - £70k per annum and for successful applications there is 67% support for SMEs or 50% for larger companies. The company contribution is eligible for R&D Tax Credits.
If you would like to know more about KTP and how Bionow can help facilitate please contact Diane Cresswell email@example.com 07766 991932
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