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Knowledge Transfer Partnerships (KTP)

Knowledge Transfer Partnerships (KTP). Providing resources and expertise through academic collaboration to address businesses’ strategic needs. What is KTP ?. Knowledge Transfer Partnerships (KTP) are…. Partnerships involving a Company , a Knowledge Base and uses…

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Knowledge Transfer Partnerships (KTP)

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  1. Knowledge Transfer Partnerships (KTP) Providing resources and expertise through academic collaboration to address businesses’ strategic needs

  2. What is KTP? Knowledge Transfer Partnerships (KTP) are…. Partnerships involving a Company , a Knowledge Base and uses… a recently Qualified Person to carry out a Strategic Project with benefits to all parties. A different form of University –Industry engagement

  3. KTP Partnership Model Knowledge transfer Knowledge Base Company Knowledge Base

  4. Focused team for 6-36 months Associate works full time on the company premises – but employed by University Academic supervises Associate ½ a day per week on average at the company Company supervises as per normal employee Associate project manages Formal project management disciplines imposed IN PARTNERSHIP How does it work?

  5. Why do people do KTP? • WIN – WIN – WIN • A partnership between a company and a University to provide knowledge transfer to the company for strategic development, improved capability and bottom line improvement • One off npbt £70k , annual post project npbt £240k • An opportunity for academics to extend research interests and feedback real-life applications of knowledge to teaching 3 papers,8 projects, demonstrate impact and build up long term relationships with industry • excellent impact case study • Accelerated career development for a young graduate or post doc

  6. Classic 1-3 yr project Approx Budget £60k/yr, (£70k/yr for PhD) If SME Gov pays 67% - £40k/yr and company pays 33% - £20k/yr + any top up to Associate salary If large company Gov and company pay 50% - i.e. £30k/yr + top up What does it Cost?

  7. Eligibility ? All sectors , all disciplines , all sizes of business that create wealth Business stable, robust and able to afford contribution Strategic to the business but outside their expertise - leading to wealth creation and economic growth Stimulating and challenging and beneficial for the academic team Challenging for Associate

  8. What is the process? Contact your local Adviser or KTP Office ( www.ktponline.org.uk) Complete an Expression of Interest (EOI) Partnership meets with Adviser If given go-ahead – partnership submits proposal for funding 85% success rate Allowed up to 6 months to appoint Associate LMC meetings every 4 months.

  9. Opportunities ? We have funding for 600 new projects this year. We want over 100 applicants per closing date Only 2 closing dates left for the year. ACT NOW!!!!!!!! I am here to discuss your ideas.

  10. Interested ? For further information please contact: Russ Bromley KTP Adviser for the North and West Midlands Phone: 07889 829 322 Email: rb.ktp@talktalk.net Website: www.ktponline.org.uk '

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