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Clare Mackinnon Knowledge Transfer Partnership Manager

Clare Mackinnon Knowledge Transfer Partnership Manager. What are Knowledge Transfer Partnerships (KTPs)?. Structured, part-funded, programmes addressing strategic requirements at an innovative and challenging level Partnership between a company and a university

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Clare Mackinnon Knowledge Transfer Partnership Manager

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  1. Clare Mackinnon Knowledge Transfer Partnership Manager

  2. What are Knowledge Transfer Partnerships (KTPs)? • Structured, part-funded, programmes addressing strategic requirements at an innovative and challenging level • Partnership between a company and a university • New skills and ideas into business through a graduate • Access specialised knowledge and technology • Improve company profitability • Up-skill existing workforce

  3. How do KTPs operate? • 26 week to three year programme • Full-time ‘Associate’ (graduate) based in company • Two days per month expert academic support • Budgets for training, equipment and travel

  4. How do KTPs operate? • Administration/financial support • Access to University equipment and resources • Government grant to subsidise cost to company • 60% subsidy for first time SMEs • 40% for non-SMEs

  5. What are the benefits of a KTP? • Access to unbiased academic experts: a graduate calibre project manager to deliver chosen business objectives • Tackle problems due to lack of expertise, time, finances and facilities • Cascading of knowledge and technology • Subsidy of graduate employee/low risk trial • Protects jobs/creates employment • Fresh view/improve company culture • Improve bottom-line through greater sales or margins • Competitive advantage/strategic improvements

  6. Eligible companies • Trading for two years • Positive balance sheet or exceptional investment • Generally, more than 10 employees • Overseas owned companies registered in the UK which conform to group criteria above

  7. Application process

  8. Costs Associate employment cost £54,000 Academic and secretarial support £21,000 Associate development £ 4,000 Equipment £ 3,000 Travel £ 4,500 TOTAL £86,500 SME charge for 2 year scheme £34,600 Non-SME charge for 2 year scheme £51,900

  9. Recruitment process

  10. Aimed at West Midlands SMEs to improve efficiency, boost profits and achieve sustainable growth • Recruitment of a graduate into your company to spearhead a growth project • Supported by a University academicand employment liaison officer • Lasting between 6 and 20 months • Shorter application with a faster turnaround time

  11. KTP Office Business Solutions University of Wolverhampton Science Park Clare Mackinnon Email: c.mackinnon@wlv.ac.uk Tel: 01902 321654

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