Knowledge Transfer Partnerships have been helping UK businesses innovate and grow for over 40 years and are one of a range of funding initiatives made available through Innovate UK (the UK government’s Innovation Agency).
Linking businesses with an academic or research organisation and a graduate, a KTP enables a business to bring in new skills and the latest academic thinking to deliver a specific, strategic innovation project through a knowledge-based partnership.
The academic or research organisation partner will help to recruit a suitable graduate, known as an Associate. They will act as the employer of the graduate, who then works at the company for the duration of the project.
The scheme can last between 12 and 36 months, depending on what the project is and the needs of the business.
All of the knowledge gained during this time is embedded in the business, providing a valuable base to build on long after the project has finished. (A very high percentage of Associates are retained as employees, demonstrating the value they bring to the business).
Knowledge Transfer Partnerships can benefit businesses of any size and in any sector looking to address a core strategic challenge.
For more information or to view case studies please visit the Government webpages on KTPs.
Knowledge Transfer Partnership news:
Management KTP (MKTP) – Innovate UK have announced there is additional funding available for Management KTPs. The focus is to increase management skills and embed management strategies into your business. For more information visit our website or contact us on KTP@uwe.ac.uk
KTN have launched a new website, where you can discover more about KTP and potential associate vacancies as well as access the latest information on the Management KTPs