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KTP Background

KTP Background. UK-wide programme meet a core strategic need and identify innovative solutions help UK business grow Direct results: increased profitability improved quality and operations increased sales access to new markets. Players. Company partner Profit or non-profit Any size

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KTP Background

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  1. KTP Background • UK-wide programme • meet a core strategic need and identify innovative solutions • help UK business grow • Direct results: • increased profitability • improved quality and operations • increased sales • access to new markets

  2. Players • Company partner • Profit or non-profit • Any size • UK • Knowledge-base partner • University or other Higher education as College, research organisation (public or private) • KTP associate • Recently qualified • Manages the project to transfer identified knowledge into the business via a strategic project

  3. Outcomes • 1000 Partnership running at all time • For every £1m of government spend: • £4.25m annual increase profit before tax • £3.25m investments • 112 new jobs created • 214 company staff trained (as direct result) • Each associate produces (average): • 3.6 new research project • 2 research papers • 60% of Associates are offered a post in their host company • 67% are Awarded with a higher degree

  4. Aim and objectives • Strengthen competitiveness • Create wealth and economic performance of the UK • Enhancement of knowledge and skills • Stimulation of innovation • Spread technical and business skills

  5. KTP • Provide a managed risk environment • Provide a challenging project to the KTP Associate • Facilitate co-operation with the aim of achieving successful outcomes • Encourage an ongoing relationship beyond project completion

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