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. ”. KTP Mission. - PowerPoint PPT Presentation
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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
KTP MissionKnowledge Transfer Partnerships is Europes 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 201234mGrants committed84mBusiness contributions1176Live
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
transferClear benefit from KB involvement
The Features of KTPProject length of between 6 months and 3
yearsAssociates recruited by KB and Business partnersThe Associate
is employed by the KB partnerProject located at business premises
with business supervisorKB Supervisor spends approx. half a day per
week at the business premises
Project BudgetAnnual budget ~60kIncludes T&S, consumables
and trainingEquipment owned by KB Partner on completionSMEs
contribute 33%Large businesses contribute 50%
Who is eligibleBusinesses, Academics, Graduates
Business PartnersStable companies of all sizes from all
industrial sectorsCharities and not-for-profit
organisationsEducation institutions (LEAs and schools)Health
organisations (hospitals and NHS Trusts)Councils and Local
Authorities
Knowledge Base PartnersHigher Education InstitutionsFurther
Education InstitutionsResearch and Technology OrganisationsPublic
Sector Research Institutes
The AssociateFirst degree ~ 83% hold 1st or 2(i)Higher degree ~
59%NVQ level 4Average age 29 yearsAll disciplines
Business BenefitsBenefits per Associate project
Increase in annual profit before tax~ 240,000Investment in plant
and machinery~ 106,000New jobs created 2Business staff trained
15New research projects initiated 3Commercial benefits from
application of IP~ 27%
Business Benefits
Benefits per 1 million
New jobs created 23Company staff trained 196One-off increase in
tax before profit 0.9m
Anticipated increase in annual profit before tax3.08mafter
partnership is completed
Investment in plant & machinery1.35m
Knowledge Base BenefitsKnowledge BaseIncomePublished
papersTeaching materials, case studies and projects (84%)New
research themes commercial relevance (75%)Staff development
commercial awareness (96%)Higher degree registrationsGraduate
career opportunitiesExploitation of IP developed during project
(27% expect commercial benefits)Strategic relationship with
business (74%)
Associate Benefits
AssociateCompetitive salaryPart of one of the countrys largest
graduate recruitment schemes Employment within the chosen academic
disciplineFast-track career developmentOpportunity to register for
higher degree during project73% of Associates are offered
employment by the host businessTraining and development to National
Management Standards
The Application ProcessPrepare EOI* for submission to KTP
Adviser Prepare application with guidance from KTP
AdviserApplication assessed by Partnership Approval Group
(PAG)Proposal funded continued input from KTP Adviser* EOI
Expression of Interest
Contact usKTP AdvisersGeneral enquiriesBournemouth
University
Knowledge Transfer Partnershipshttp://www.ktponline.org.uk/
* KTP is a three-way partnership involving a business, academic
institution (such as university, further education college or RTO)
and an Associate (a recently qualified graduate). For the
Partnership to be a success and rewarding for all involved, the
project should benefit all the participants and that the partners
must be committed to and take joint ownership of it.
*Updated Dec 2011* This slide is meant to explain the principle
in laymans terms what KTP is. Essentially, KTP is about embedding
new capability into an organisation in order to achieve their
strategic needs. This is done through tapping into the wealth of
knowledge and expertise in the UKs universities, FE colleges and
RTOs and applying it to the real world This could be improving
efficiencies/optimising business opportunities or bringing new
technology to market. The possibilities are endless and not
restricted to a particular industry sector. KTP is not consultancy.
After the KTP has finished, the business has the knowledge KTP is
all about collaboration and knowledge transfer
* Updated from 2010/11 Annual Report
****
** Updated from 2010/11 Annual ReportKTP is one of the largest
graduate recruitment programmes across the UK. KTP works across a
wide range of academic disciplines and industry sectors, and any
degree subject is considered, from environmental sustainability to
new product development.* Updated from 2010/11 Annual Report*
Updated from 2010/11 Annual Report*Updated from 2010/11 Annual
Report
