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:. Knowledge Transfer Partnerships. Welcome. What are KTPs. What is KTP and how does it work Main features Funding criteria & priorities Benefits Investment model. Main Features.
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: Knowledge Transfer Partnerships Welcome
What are KTPs • What is KTP and how does it work • Main features • Funding criteria & priorities • Benefits • Investment model
Main Features • Launched in 1975 and previously known as the Teaching Company Scheme, the KTP programme is one of the longest running and successful knowledge transfer programmes. • KTP is a 3-way collaboration lasting between 6 months to 3 years. • The knowledge and expertise is transferred from the University into a Company giving them a real strategic edge. The associate is key in facilitating and embedding the knowledge transfer.
Funding Criteria All projects must demonstrate Impact, Innovation & Challenge:- Impact – Does the project produce sufficient commercial payback? Will the project have a broader impact on suppliers & customers? Innovation – Is it innovative to the Company? Might it have a global impact? Challenge – Is the project something which is truly new to the company and it’s operations and culture?
Funding Priorities • Any project which can demonstrate Impact, Innovation & Challenge will be considered. However, particular priority is given to the following areas:- • Advanced materials • BioScience • Built Environment • Electronics, photonics and electrical systems • Emerging technologies • Energy generation and supply. Environmental sustainability • High Value Manufacturing • ICT • Medicine and healthcare • Nanotechnology • Transport
SMEs are preferred. • Larger organisations will still be considered providing the project can demonstrate a substantial supply chain involvement with SMEs.
Company Benefits • Long term strategic relationships with the University • Transfer and embedding of knowledge/expertise • Access qualified people to spearhead new projects and to take the business forward • Increase in skills of existing staff • Average increase of over £220k pa in annual profit before tax • Creation of an innovation culture • New and competitive business model • The University will co-ordinate the application process. Projects which progress to full application have a 90% success rate. • The University will co-ordinate all project management issues including associate recruitment and finances.
Benefits to University • Strategic relationships with Companies • Development of creative and relevant research • Teaching materials, case studies and student projects • Higher degree registrations • High quality journal papers Benefits to Associate • Access to Associate Development budget of £4k plus managerial training modules. • 70% of Associates register for a higher degree • 70% of Associates offered employment by host company
Investment Model • A typical 2 year project will cost approx £126k • An SME will receive 67%* grant funding towards the cost. The SME contribution will therefore be £41,580 • A larger company will receive 50%* grant funding. Their contribution will therefore be £63,000. • * Reduced rates apply to follow-on KTPs.
Further enquiries:- Christine Younger, KTP Project Officer, Research & Enterprise Services, Newcastle University Christine.Younger@ncl.ac.uk Telephone 0191 2228784 John Clayton, KTP Adviser, Technology Strategy Board JohncKTP@aol.com Telephone 07766 101788