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Knowledge Transfer Partnerships

Knowledge Transfer Partnerships. Knowledge Transfer Partnerships (KTP). Knowledge Transfer .

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Knowledge Transfer Partnerships

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  1. KnowledgeTransfer Partnerships

  2. Knowledge Transfer Partnerships (KTP)
  3. Knowledge Transfer KTP is one product within a larger portfolio of government initiatives to transfer knowledge from academia to industry, funded through the TSB and the Research Councils and seen as a key driver behind our knowledge-based innovation economy. The KTP scheme is highly successful and has been in place for nearly 40 years. DMU is recognised as a provider of national significance, having delivered over 100 KTPs in recent years. KTP’s provide a unique opportunity to apply research to real life business projects, business benefits include an increase in profits, generation of new jobs and an increase of skills for existing staff.
  4. KTP Criteria Any business sector, including not-for-profit and public sector organisations Businesses of all sizes (although <10 employees usually considered too small) Project of strategic importance, length can vary from 1 – 3 Yrs Proof of Company financial viability Evidence of the need for and potential economic benefits of knowledge transfer
  5. KTP Process Now fully online at _connect (https://connect.innovateuk.org) Expression of Interest form (EOI) Full Proposal completed and submitted to meet deadline Program Approval Group (PAG) meets to review proposals (2-3wks) PAG Feedback received and either approved or rejected Grant Offer letter sent and Recruitment Process begins
  6. Project Budget The project budget for a standard two year KTP would be c£120,000 This will cover: Associate Salary and employment costs Academic time and input Equipment and Consumables Travel and subsistence Associate’s Personal Development and training The Grant @ 67% = c£80,400 SME contribution @ 33% = c£39,600 (so c£20,000 pa) Large Organisation: Grant Rate is 50%
  7. Benefits to organisation Highly Skilled Graduate to spearhead new project New strategic capability embedded within the company Increase in profitability and competitiveness Access to academic “consultant” / supervisor (½ day per week) & DMU facilities Long-term, strategic relationship established with DMU Existing workforce enhanced through transfer of knowledge and skills
  8. Benefits to University Gives academics experience of applying their subject expertise to real life business problems Opportunities for students / employability skills Publication / Conference opportunities Increases research profile of the University (REF) KTP projects develop strong connections with industry partners and often open up new collaboration opportunities
  9. Benefits to Associate Project and personal management skills development. Exposure at senior / strategic level within host organisation Competitive salary - £20 - £22K with additional £4k Professional Development budget KTP Associates own their project but are fully supported by experienced staff from the business and the knowledge base
  10. Resources KTP online http://www.ktponline.org.uk Application guidance Case studies Local KTP Office Innovation Centre, DMU Tel. 0116 250 6211
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