Knowledge Transfer Partnerships (KTP)
A Knowledge Transfer Partnership (KTP) is a programme designed to help businesses improve their competitiveness and productivity through better use of knowledge, technology and skills. A KTP is a three-way project partnership between a business, Keele University and a recently-qualified high-calibre graduate known as the Associate.
By working with Keele University your business will gain:
- A full-time high-calibre graduate to spearhead a new innovation and growth project
- Ongoing bespoke business support from an expert academic employed by Keele University
- Access to the University’s extensive resources, including facilities and skills
- A tailor-made strategic business development project with high levels of innovation to meet your company’s needs
- Access to a travel, equipment and training budget for the graduate whilst working on the project
- Wider support and opportunities offered by links to the Knowledge Transfer Network - Innovate UK's delivery partner.
Cost
Part of the cost of a KTP is funded by a grant, applied for in a competitive bid for submissions from the national innovation agency, Innovate UK, and other government co-funders. There is a success rate for applications of around 90%. The remainder of the project cost is met through the business.
The cost of a KTP is comparable to employing a well-qualified graduate, but includes so much more. Project costs are variable, but up to 67% of the total KTP budget for SMEs is met by Government funding (for larger companies, this is up to 50%). In certain cases, the KTP may also be eligible for Research and Development tax credits.
How to apply
To apply for a KTP, companies should:
- be UK registered and of sufficient size to support the project
- have the financial capacity to make the required contribution to the cost of a running a KTP
- be aware that KTPs can have a long-term legacy that can be measured over five years, as well as shorter-term impact
- be able to show that their project demonstrates impact, innovation, challenge and cohesiveness.
For more information on the opportunities available, please contact one of the Business Gateway team:
- by email: gateway@keele.ac.uk
- by telephone: 01782 733001
Knowledge Transfer Partnerships (KTPs)
For more information about Knowledge Transfer Partnerships, please visit the national website at www.ktp-uk.org.
"The KTP project has influenced the company far beyond its original aim. We have now expanded our range of infra-red products that better suit the needs of our clients and have a responsive capacity to keep up with demand"
Read more about Dr Deiter Guhl, Managing Director, Keeling and Walker