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Knowledge Transfer Partnerships Nadia Omar – Business Development manager Faculty of Technology

Knowledge Transfer Partnerships Nadia Omar – Business Development manager Faculty of Technology. Knowledge Transfer Partnerships (KTP). Knowledge Transfer. KTP is one product within a larger portfolio of government initiatives to transfer knowledge from academia to industry

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Knowledge Transfer Partnerships Nadia Omar – Business Development manager Faculty of Technology

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  1. KnowledgeTransfer PartnershipsNadia Omar – Business Development managerFaculty of Technology

  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 • The KTP scheme is highly successful and has been in place for nearly 40 years. DMU is recognised as a significant provider – over 100 KTPs • Unique opportunity to apply research to real-life business projects, • increased profits • generation of new jobs • 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 • Evidence of need for, and potential economic benefits of knowledge transfer • Proof of Company financial viability

  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£140,000 This will cover: Associate Salary and employment costs Academic time and input – ½ a day per week Equipment and Consumables Travel and subsistence Associate’s Personal Development and training The Grant @ 67% = c£93,800 SME contribution @ 33% = c£46,200 (so c£23,100 pa) Large Organisation: Grant Rate is 50%

  7. Benefits to organisation • Highly Skilled Individual to spearhead new project • New strategic capability embedded within the company • Increase in profitability and competitiveness • Access to academic “consultant” / supervisor & DMU facilities • “Try before you buy” opportunity • Existing workforce enhanced through transfer of knowledge and skills

  8. Benefits to Associate • Project and personal management skills development. • Competitive salary - £20 - £23K with additional £4k Professional Development budget • Full project ownership but are fully supported by experienced staff from the business and the university • Opportunity to make a great impression!

  9. Resources KTP online http://www.ktponline.org.uk • Application guidance • Case studies Local KTP Office • Innovation Centre, DMU • Tel. 0116 250 6211 • Nadia Omar Tel 0116 207 8624

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