Knowledge Transfer Partnerships Process

February 3 rd 2011

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How can DRI help with KTPs?

Facilitate meetings with Companies, KTP advisors – ‘project match’ Advise on type of KTP project and process Company financial checks using ‘Fame’ Prepare projects costs and budgets Manage submission process and contracts Promote KTPs externally at Business events / Internal seminars Attend KTP initial meetings Assess progress of KTPs, input claims Ali Parker: 602630

Classic KTP – Application process

• • • 1 st Stage – EOI (2 - 4 weeks) 2 nd Stage - Full application (2 - 4 weeks) • Programme Advisory Group (4 weeks) Grant offer letter (4 weeks) Expression of Interest Full Application (Section A) Full Application (Section B) Project (detail of project, objectives, outcome, benefits, Finances Project (detail of project, objectives, outcome, benefits, Finances Work Plan Budget Contact Information, Joint Commitment Statement Ali Parker: 602630

Classic KTP Budget (1 year, SME)

Budget

Directly Incurred costs

a. Associate Costs (salary £21.5k, Pension, NI) b. Associate Development* c Travel and Subsistence* d Consumables*

Directly Allocated Costs

e Knowledge Base Supervisor f Associate Estates costs g Mentoring Support

Indirect Costs

h. Additional Associate Support

TOTAL

£ 27000 2000 2250 1500 6457 20449 59656

Government Contribution (67%) £

18090

Company Contribution (33%) £

8910 1340 1507.5

1005 4326 13701 39970 660 742.5

495 2131 6748 19687 Ali Parker: 602630

What makes a good application?

• • • • Writing the bid together Clear finances, letters of support / business plan Meeting sponsor priorities A work-plan that shows – Transfer of knowledge – Embedding of knowledge – Clear Outputs and Outcomes – ideally linked!

– Clear Milestones Ali Parker: 602630

What happens once funding is given?

• Grant Offer Letter provided by TSB to company & University • KTP acceptance agreement signed with company • Project Code Issued • Job Description and terms of employment agreed between company and university • Recruitment starts (associate not on HERA) • KTP agreement signed • Pre start of project meeting (LMCO) • Project START!

Ali Parker: 602630

What makes a good project?

• • • • • • • Investment in time to solve company problems Joint desire to ‘supervise’ associate Managing expectations of partnership Good project management Open Innovation Adhering to work-plan Reading guidance notes & attending Supervisor workshops!

Ali Parker: 602630

Support for KTP

Academic

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Application Form – 2 stages Recruitment of Associate Local Management Committee Meetings (monthly) Weekly Supervision

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(1/2 day) Business

   

Training – Academic Training - Vocational

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(further degree supervision) Associate

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(Mphil)

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(diploma in management) Advisor

  Ali Parker: 602630

What is expected from academic supervisor?

• • • • • • Proposal writing, IEF Risk Register Financial budget management with quarterly claims ½ day a week time, visit once every 2 weeks Local Management Committee every quarter Associate recruitment, induction, development, appraisal Ali Parker: 602630

Examples of KTP: Product Launch

College of Engineering: Biometrics

Developed new biometrics prototype for , launched and implemented across whole business saving £500k per annum for company Ali Parker: 602630

Examples of KTP: Proving a process!

• •

School of Business: Actuarial Modelling

Local start up company ‘ Indico ’ who predict automotive quality and service issues and warranty claims – think Toyota brakes!!!!

To embed statistical methods for assessing automotive part failure rates throughout the company’s business activities. Ali Parker: 602630

Examples of KTP: Proving a process!

College of Medicine: Medical engineering

• Local company ‘ Ruskinn ’ a leading supplier and manufacturer of anaerobic and modified atmosphere workstations. • To create a product development capability that allows the company to develop new product lines and increase market share of biomedical research workstations. Ali Parker: 602630

Want to find out more?

Useful websites

KTP: http://www.ktponline.org.uk/ TSB: http://www.innovateuk.org/deliveringinnovation/knowledgetransferpartnerships.ashx

DRI: http://www.swansea.ac.uk/research_innovation/ResearchandProjectSupport/KnowledgeTransferPartne rships/KTPresources/

Useful Numbers

Ali Parker – 01792 60 2630 [email protected]

David Notley – 07941207801 [email protected]

Ali Parker: 602630