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Knowledge Transfer Partnerships

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.

Guiding principles:

  • the capability must be ‘embedded’ – so that it delivers profit beyond the life of the project 
  • there must be a strategic need for knowledge transfer into the business 
  • there must be a solid business case
  • the Partnership must support business, the University and the Associate
  • there must be clear additionality – i.e. an area of expertise that company does not have and cannot access easily elsewhere
  • KTP is not placement, internship, consultancy or joint research - there are other schemes for these areas of support.

Knowledge Transfer Partnerships bring many benefits for the Partners involved

  • For the Associate - applied R&D and employment experience for the KTP Associate
  • For the Company - financial support and dedicated resource and wider access to the University research base
  • For the University knowledge base – application of knowledge and expertise to important business issues and highly relevant input to teaching and research themes 

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.

  • The Associate is employed by the University but works full time on the company premises
  • The Academic supervisor spends 0.5 days per week at the company
  • The Associate manages the project against an agreed project plan 
  • The Company supervises the Associate as per a normal employee. 

If you would like to know more about KTP and how Bionow can help facilitate please contact Diane Cresswell diane.cresswell@bionow.co.uk 07766 991932

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