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Business/Innovation/Knowledge Transfer Partnerships (KTP’s)

Knowledge Transfer Partnerships (KTP’s)

Accelerating Business Innovation

Knowledge Transfer Partnerships
(KTP) is Europe’s leading programme helping businesses to improve their competitiveness and productivity through the better use of knowledge, technology and skills that reside within the UK knowledge base.

A KTP achieves this through the forming of a Partnership between your business and an academic institution (such as university, further education college or research and technology organisation), enabling you to access skills and expertise to help your business develop.

The knowledge sought is embedded into the business from the knowledge base through a project, or projects, undertaken by a recently qualified person (known as the Associate), and recruited to specifically work on that project. KTPs can vary in length from 1 to 3 years (classic KTP) and from 10-40 weeks (shorter KTP), depending on the needs of the business and the desired outcomes.

Company Commitment
+ A graduate earning up to £20k gross per year (you decide the salary)
+ Access to expertise and support from an academic expert to help supervise the graduate at work
+ Access to the resources and facilities of the whole of Queen’s University
+ £1,750 for training and development of the graduate
+ £2,600 for travel and subsistence
+ £1,500 for equipment and consumables
= £40k worth of project per year
= £16k per year to an SME for its first KTP Programme

www.ktponline.org.uk/business/business.aspx

What can KTP offer your business?
By participating in Knowledge Transfer Partnerships you can:

  • Access qualified people to spearhead new projects
  • Access experts who can help take your business forward
  • Develop innovative solutions to help your business grow
  • Develop your business for today’s market
  • Increase your competitive advantage
  • Improve your performance/business operations
  • Increase profitability

Business performance outputs vary
considerably from case to case, given the variety and type of projects. Latest information shows that, on average, the business benefits that can be expected from a single KTP project (typical duration 1-3 years) are:

  • An increase of over £220,000 in annual profits before tax
  • The creation of three genuine new jobs
  • An increase in skills of existing staff Further information on Knowledge Transfer Partnerships in the UK can be found at www.ktponline.org.uk

To find out more information or to discuss opportunities for knowledge transfer partnership please contact Nicola Curry on
028 79395238 or via email on
nicola.curry@nrc.ac.uk

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