Knowledge Transfer Partnerships (KTP)

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Knowledge Transfer Partnerships (KTP)
Providing resources and expertise through
academic collaboration to address businesses
strategic needs
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What is KTP?
Knowledge Transfer Partnerships (KTP) are.
Partnerships involving a Company , a
Knowledge Base and uses a recently Qualified
Person to carry out a Strategic Project with
benefits to all parties. A different form of
University Industry engagement
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KTP Partnership Model

• Knowledge transfer
• Knowledge Base

Company
Knowledge Base
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How does it work?

• Focused team for 6-36 months
• Associate works full time on the company premises
  but employed by University
• Academic supervises Associate ½ a day per week
  on average at the company
• Company supervises as per normal employee
• Associate project manages
• Formal project management disciplines imposed
• IN PARTNERSHIP

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Why do people do KTP?

• WIN WIN WIN
• A partnership between a company and a
  University to provide knowledge transfer to the
  company for strategic development, improved
  capability and bottom line improvement
• One off npbt 70k , annual post project npbt
  240k
• An opportunity for academics to extend research
  interests and feedback real-life applications of
  knowledge to teaching 3 papers,8 projects,
  demonstrate impact and build up long term
  relationships with industry
• excellent impact case study
• Accelerated career development for a young
  graduate or post doc

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What does it Cost?

• Classic 1-3 yr project
• Approx Budget 60k/yr, (70k/yr for PhD)
• If SME
• Gov pays 67 - 40k/yr and company pays 33 -
  20k/yr any top up to Associate salary
• If large company
• Gov and company pay 50 - i.e. 30k/yr top up

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Eligibility ?

• All sectors , all disciplines , all sizes of
  business that create wealth
• Business stable, robust and able to afford
  contribution
• Strategic to the business but outside their
  expertise - leading to wealth creation and
  economic growth
• Stimulating and challenging and beneficial for
  the academic team
• Challenging for Associate

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What is the process?

• Contact your local Adviser or KTP Office (
  www.ktponline.org.uk)
• Complete an Expression of Interest (EOI)
• Partnership meets with Adviser
• If given go-ahead partnership submits proposal
  for funding
• 85 success rate
• Allowed up to 6 months to appoint Associate
• LMC meetings every 4 months.

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Opportunities ?

• We have funding for 600 new projects this year.
• We want over 100 applicants per closing date
• Only 2 closing dates left for the year.
• ACT NOW!!!!!!!!
• I am here to discuss your ideas.

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Interested ?

• For further information please contact
• Russ Bromley
• KTP Adviser for the North and West Midlands
• Phone [phone]
• Email rb.ktp_at_talktalk.net
• Website www.ktponline.org.uk
• '