Innovate UK has introduced a new stream to their Knowledge Transfer Partnership (KTP) funding, specifically for management-focussed projects. Co-funded by BEIS, the Management Knowledge Transfer Partnership initiative aims to enable transformational improvement within businesses by identifying key, strategic, management-based initiatives to increase business effectiveness.
Innovate UK are targeting SMEs with a desire to grow and expand, and offer 67% of projects costs over two years. UWE Bristol will support you through the application process and in recruiting a high-skilled graduate to work at your business for the duration of the project.
Working alongside the UWE Bristol Business School, your organisation will receive significant management expertise, which could expand business capability, increase productivity and enable lasting change and growth.
Sarah White, UWE Bristol’s KTP Manager commented: “KTPs are a great way for businesses to collaborate with the university to using academic expertise to solve a business problem. Management KTPs enable a business to really focus on their strategic and organisational goals, supported by UWE and a talented graduate to deliver project outcomes.”
Find out about Management Knowledge Transfer Partnerships in our short presentation below:
Contact the KTP Office at UWE for more information KTP@uwe.ac.uk
New Welsh Government initiative to help SMEs based in Wales
Calling all SMEs based in Wales – the Welsh Government will offer a grant rate of 75%, reducing the company contribution to 25% for a KTP. UWE Bristol will support you through the application process and in recruiting a high-skilled graduate to work at your business for the duration of the project. KTPs help businesses improve their competitiveness, productivity and performance through better use of knowledge, technology and skills by developing a partnership with a university, college or Catapult centre.
Partnerships jointly develop the proposal to address a specific business need and must submit their proposal for assessment between 1st September 2020 and 12 noon on Wednesday 3rd February 2021. Only applications received during this time will be eligible for this funding.
The partnership can vary in length from one to three years according to the needs of the business. Businesses from all sectors are welcome to apply.
For more information see here.