knowledge transfer partnerships (ktp) providing resources and expertise through academic...
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Knowledge Transfer Partnerships (KTP)
Providing resources and expertise through academic collaboration to address businesses’ strategic needs
![Page 2: Knowledge Transfer Partnerships (KTP) Providing resources and expertise through academic collaboration to address businesses’ strategic needs](https://reader036.vdocuments.mx/reader036/viewer/2022062620/551bc166550346af588b4b18/html5/thumbnails/2.jpg)
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 SMEGov 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 BromleyKTP Adviser for the North and West Midlands
Phone: 07889 829 322Email: [email protected]
Website: www.ktponline.org.uk
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