Transcript Document
Clare Mackinnon
Knowledge Transfer Partnership Manager
What are Knowledge Transfer
Partnerships (KTPs)?
Structured, part-funded, programmes addressing strategic
requirements at an innovative and challenging level
Partnership between a company and a university
New skills and ideas into business through a graduate
Access specialised knowledge and technology
Improve company profitability
Up-skill existing workforce
How do KTPs operate?
26 week to three year programme
Full-time ‘Associate’ (graduate) based in
company
Two days per month expert academic support
Budgets for training, equipment and travel
How do KTPs operate?
Administration/financial support
Access to University equipment and resources
Government grant to subsidise cost to
company
60% subsidy for first time SMEs
40% for non-SMEs
What are the benefits of a KTP?
Access to unbiased academic experts: a graduate calibre project manager to deliver
chosen business objectives
Tackle problems due to lack of expertise, time, finances and facilities
Cascading of knowledge and technology
Subsidy of graduate employee/low risk trial
Protects jobs/creates employment
Fresh view/improve company culture
Improve bottom-line through greater sales or margins
Competitive advantage/strategic improvements
Eligible companies
Trading for two years
Positive balance sheet or exceptional investment
Generally, more than 10 employees
Overseas owned companies registered in the UK which conform to
group criteria above
Application process
Costs
Associate employment cost
£54,000
Academic and secretarial support
£21,000
Associate development
£ 4,000
Equipment
£ 3,000
Travel
£ 4,500
TOTAL
SME charge for 2 year scheme
Non-SME charge for 2 year scheme
£86,500
£34,600
£51,900
Recruitment process
Aimed at West Midlands SMEs to improve efficiency, boost profits and
achieve sustainable growth
Recruitment of a graduate into your company to spearhead a growth
project
Supported by a University academic and employment liaison officer
Lasting between 6 and 20 months
Shorter application with a faster turnaround time
KTP Office
Business Solutions
University of Wolverhampton Science Park
Clare Mackinnon
Email: [email protected]
Tel: 01902 321654