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Partnership Structure

Partnership Structure. KTP Funding Partners. What is KTP?. “. Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime… Lao Tzu. ”. KTP Mission.

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Partnership Structure

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  1. Partnership Structure

  2. KTP Funding Partners

  3. What is KTP? “ Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime… Lao Tzu ”

  4. KTP Mission Knowledge Transfer Partnerships is Europe’s leading programme helping businesses to improve their competitiveness, productivity and performance through the better use of knowledge, technology and skills that reside within the UK knowledge base. Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills, presenting the Overall Winning Partnership Award to Cherry Pipes Limited at Innovate ‘11

  5. Some Figures

  6. January 2012 £34m Grants committed £84m Business contributions 1176 Live partnerships (includes classic and shorter KTPs) 1234 Live projects (includes 199 shorter KTPs) Data from 2010/11 Annual Report

  7. Features

  8. Project Criteria Innovative project of clear strategic relevance to the business Sound business case Clear knowledge transfer Stimulating and challenging for all three partners Demonstrating a step change in innovation Quantifiable impact for all three partners Clear benefit from KB involvement

  9. The Features of KTP Project length of between 6 months and 3 years Associates recruited by KB and Business partners The Associate is employed by the KB partner Project located at business premises with business supervisor KB Supervisor spends approx. half a day per week at the business premises

  10. Project Budget Annual budget ~£60k Includes T&S, consumables and training Equipment owned by KB Partner on completion SMEs contribute 33% Large businesses contribute 50%

  11. Who is eligibleBusinesses, Academics, Graduates

  12. Business Partners Available for: • Stable companies of all sizes from all industrial sectors • Charities and not-for-profit organisations • Education institutions (LEAs and schools) • Health organisations (hospitals and NHS Trusts) • Councils and Local Authorities

  13. Knowledge Base Partners Suitable for: • Higher Education Institutions • Further Education Institutions • Research and Technology Organisations • Public Sector Research Institutes

  14. The Associate Recently Qualified with: • First degree ~ 83% hold 1st or 2(i) • Higher degree ~ 59% • NVQ level 4 • Average age 29 years • All disciplines

  15. Business Benefits Benefits per Associate project • Increase in annual profit before tax ~ £240,000 • Investment in plant and machinery ~ £106,000 • New jobs created 2 • Business staff trained 15 • New research projects initiated 3 • Commercial benefits from application of IP ~ 27%

  16. Business Benefits • Benefits per £1 million • New jobs created 23 • Company staff trained 196 • One-off increase in tax before profit £0.9m • Anticipated increase in annual profit before tax £3.08m • after partnership is completed • Investment in plant & machinery £1.35m

  17. Knowledge Base Benefits • Knowledge Base • Income • Published papers • Teaching materials, case studies and projects (84%) • New research themes – commercial relevance (75%) • Staff development – commercial awareness (96%) • Higher degree registrations • Graduate career opportunities • Exploitation of IP developed during project (27% expect commercial benefits) • Strategic relationship with business (74%)

  18. Associate Benefits • Associate • Competitive salary • Part of one of the country’s largest graduate recruitment schemes • Employment within the chosen academic discipline • Fast-track career development • Opportunity to register for higher degree during project • 73% of Associates are offered employment by the host business • Training and development to National Management Standards

  19. The Application Process Prepare EOI* for submission to KTP Adviser Prepare application with guidance from KTP Adviser Application assessed by Partnership Approval Group (PAG) Proposal funded – continued input from KTP Adviser * EOI – Expression of Interest

  20. Neil Grice Norman Stock KTP - Technology Strategy Board Tel.: 01929 409354 Email: neilgricektp@me.com Tel.: 01202 965575 Email: nstock@bournemouth.ac.uk Tel.:0300 321 4357 Email: ktp-help@ktponline.org.uk Web: www.ktponline.org.uk Contact us KTP Advisers General enquiries Bournemouth University

  21. Knowledge Transfer Partnerships http://www.ktponline.org.uk/ Technology Strategy Boardwww.innovateuk.org _connecthttps://connect.innovateuk.org/web/guest/home

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