Partnership Structure KTP Funding Partners What is KTP? Give a man a fish and you feed him for a...

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

“

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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

Some Figures

January 2012

£34mGrants committed

£84mBusiness contributions

1176Live partnerships(includes classic and shorter KTPs)

1234Live projects(includes 199 shorter KTPs)

Data from 2010/11 Annual Report

Features

Innovative project of clear strategic relevance to the business

Sound business case

Stimulating and challenging for all three partners

Demonstrating a step change in innovation

Quantifiable impact for all three partners

Project Criteria

Clear knowledge transfer

Clear benefit from KB involvement

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

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%

Who is eligibleBusinesses, Academics, Graduates

Business Partners

• 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

Available for:

Knowledge Base Partners

• Higher Education Institutions

• Further Education Institutions

• Research and Technology Organisations

• Public Sector Research Institutes

Suitable for:

The Associate

• First degree ~ 83% hold 1st or 2(i)

• Higher degree ~ 59%

• NVQ level 4

• Average age 29 years

• All disciplines

Recently Qualified with:

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%

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 £3.08mafter partnership is completed

• Investment in plant & machinery £1.35m

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%)

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

The Application Process

Prepare EOI* for submission to KTP Adviser

Prepare EOI* for submission to KTP Adviser

Prepare application with guidance from

KTP Adviser

Prepare application with guidance from

KTP Adviser

Application assessed by Partnership

Approval Group (PAG)

Application assessed by Partnership

Approval Group (PAG)

Proposal funded – continued input from

KTP Adviser

Proposal funded – continued input from

KTP Adviser

* EOI – Expression of Interest

Contact us

KTP Advisers

Neil GriceTel.: 01929 409354

Email: neilgricektp@me.com

Norman StockTel.: 01202 965575

Email: nstock@bournemouth.ac.uk

Tel.: 0300 321 4357

Email: ktp-help@ktponline.org.uk

Web: www.ktponline.org.uk

KTP - Technology Strategy Board

General enquiries

Bournemouth University

Knowledge Transfer Partnershipshttp://www.ktponline.org.uk/

Technology Strategy Boardwww.innovateuk.org

_connecthttps://connect.innovateuk.org/web/guest/home