The Knowledge Transfer Partnership (KTP) programme allows a UK registered business or not for profit organisation, (which we will refer to collectively as the ‘business partner’ from now on) to partner with a ‘knowledge base partner’, which is either a UK higher education (HE) or further education (FE) institution, research and technology organisation (RTO) or Catapult. The KTP partnership brings new skills and the latest academic thinking into the business partner to deliver a specific, strategic innovation project. The knowledge base partner recruits the ‘associate’ to work on the project. The associate has the opportunity to lead a strategic development within the business, developing new skills and gaining valuable experience. If you are a business and do not yet have a relationship with a knowledge base partner then get in touch with CWX.
A project’s total eligible costs are £8,500 per month. Projects must be between 12 and 36 months. A proportion of the knowledge base partners’ costs will be funded by Innovate UK and the remainder of the eligible costs are paid by the business partner. Your application must be for a specific, strategic innovation project that tackles one or more challenges faced by the business partner. It can be any kind of project and must show: why the business needs this Knowledge Transfer Partnership (KTP), what new knowledge is required by the business, what new capabilities will be embedded as a result of the KTP.
Up to £8500 per month with % grant funding