If your organisation is facing a knowledge gap, or you have an innovative idea that cannot be progressed, you may be eligible to access funding and graduate talent through the national flagship Knowledge Transfer Partnership (KTP) programme.
KTPs, funded by Innovate UK, are available across the UK and have been helping businesses for almost 50 years to improve their competitiveness and productivity through the better use of knowledge, technology and skills. Working in partnership with universities and research centres, more than 14,000 UK businesses have been transformed by a KTP project. For large businesses of more than 250 employees, 50% funding is awarded, for small and medium-sized (SME) businesses, 67% funding, and not-for-profits: 75% funding. Projects are supported by, and benefit from the strategic input of a highly experienced regional Knowledge Transfer Adviser (KTA). On average, 90& of KTP applications are awarded funding, making this the most successful Innovate UK competition.
A KTP serves to meet a core strategic need and to identify innovative solutions to help your business scale up and grow. KTPs often deliver significant, increased profitability for businesses as a direct result of the partnership, through improved quality and operations, increased sales and access to new markets. Social enterprises see improved results too.
Part funded by UK Government, a KTP is a three-way collaborative partnership between a business, a university (the Knowledge Base) and a suitably qualified graduate (the Associate). The business has a knowledge gap, and the university has the expertise to fill the gap via the Associate that acts as a conduit between the two, transferring knowledge. This highly skilled, highly motivated partnership delivers a strategic project – sharing expertise, experience and resources to bring about change, embed knowledge and deliver growth.
Each participating partner can benefit from the KTP as follows:
We can help you unlock funding through the KTP programme for a partnership between Canterbury Christ Church University (the Knowledge Base), your organisation (the business), and a recent graduate (the Associate) to deliver a project that will have a tangible impact on the growth of your organisation.
Scoping out a project idea and submitting an application for funding is fully supported by our academics, the Department of Enterprise and Engagement and the Research and Innovation Funding Unit at Christ Church.
We have supported KTPs in the travel and gaming industries, healthcare and children’s services, IT and communication technology. The scheme is open across all sectors and for businesses and organisations of all sizes.
A KTP project will last between 1-3 years.
This is determined by the length of the project and the size of the company. On average, projects cost between £75,000 – 90,000 per year. Funding is provided by Innovate UK and other government co-funders, but a cash contribution is provided by the business:
Not-for-profit – 25% of costs
Fewer than 250 employees (SME) – 33% of costs
More than 250 employees - 50% of costs
Example:
There are a number of stages involved in setting up a KTP but you will be supported every step of the way by the Knowledge Transfer Adviser and the Enterprise & Engagement team at CCCU:
Management KTPs (mKTPs) also create a dynamic three-way partnership between your company, a team of academic experts and a skilled graduate, but the focus is specifically on driving effectiveness through better management practices.
More people focused and designed to trigger culture change, the mKTP scheme aims to deliver transformational productivity improvement, identifying key strategic management-based projects to increase business effectiveness via novel and innovative partnerships with the UK’s world class business schools.
More information on mKTPs and how they can benefit your business can be found here.
For further information regarding Knowledge Transfer Partnerships, visit the Innovate UK website.
If you would like to book an appointment to find out about how you can engage with the University regarding Knowledge Transfer Partnerships, please contact the Enterprise & Engagement Team to discuss your partnership ideas.