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Discover how DRI can support you in navigating the Knowledge Transfer Partnerships (KTP) process. We facilitate valuable meetings between companies and KTP advisors, advise on project types, conduct financial checks, and manage submissions and contracts. From the application stages to funding acceptance, learn what makes a strong KTP proposal and a successful project. Our expertise ensures that you align with sponsor priorities, establish clear outputs, and manage expectations effectively. For more information, visit the provided resources.
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Knowledge Transfer Partnerships Process February 3rd 2011
How can DRI help with KTPs? • Facilitate meetings with Companies, KTP advisors – ‘project match’ • Advise on type of KTP project and process • Company financial checks using ‘Fame’ • Prepare projects costs and budgets • Manage submission process and contracts • Promote KTPs externally at Business events / Internal seminars • Attend KTP initial meetings • Assess progress of KTPs, input claims
Classic KTP – Application process • 1st Stage – EOI (2 - 4 weeks) • 2nd Stage - Full application (2 - 4 weeks) • Programme Advisory Group (4 weeks) • Grant offer letter (4 weeks) 12 – 16 weeks
What makes a good application? • Writing the bid together • Clear finances, letters of support / business plan • Meeting sponsor priorities • A work-plan that shows • Transfer of knowledge • Embedding of knowledge • Clear Outputs and Outcomes – ideally linked! • Clear Milestones
What happens once funding is given? • Grant Offer Letter provided by TSB to company & University • KTP acceptance agreement signed with company • Project Code Issued • Job Description and terms of employment agreed between company and university • Recruitment starts (associate not on HERA) • KTP agreement signed • Pre start of project meeting (LMCO) • Project START! 6 months
What makes a good project? • Investment in time to solve company problems • Joint desire to ‘supervise’ associate • Managing expectations of partnership • Good project management • Open Innovation • Adhering to work-plan • Reading guidance notes & attending Supervisor workshops!
What is expected from academic supervisor? • Proposal writing, IEF • Risk Register • Financial budget management with quarterly claims • ½ day a week time, visit once every 2 weeks • Local Management Committee every quarter • Associate recruitment, induction, development, appraisal
Examples of KTP: Product Launch College of Engineering: Biometrics Developed new biometrics prototype for , launched and implemented across whole business saving £500k per annum for company
Examples of KTP: Proving a process! School of Business: Actuarial Modelling • Local start up company ‘Indico’ who predict automotive quality and service issues and warranty claims – think Toyota brakes!!!! • To embed statistical methods for assessing automotive part failure rates throughout the company’s business activities.
Examples of KTP: Proving a process! College of Medicine: Medical engineering • Local company ‘Ruskinn’ a leading supplier and manufacturer of anaerobic and modified atmosphere workstations. • To create a product development capability that allows the company to develop new product lines and increase market share of biomedical research workstations.
Want to find out more? Useful websites KTP: http://www.ktponline.org.uk/ TSB: http://www.innovateuk.org/deliveringinnovation/knowledgetransferpartnerships.ashx DRI: http://www.swansea.ac.uk/research_innovation/ResearchandProjectSupport/KnowledgeTransferPartnerships/KTPresources/ Useful Numbers Ali Parker – 01792 60 2630 a.c.parker@swansea.ac.uk David Notley – 07941207801 davidnotley@impactmc.co.uk
