Knowledge Transfer Partnerships
Knowledge Transfer Partnerships(KTP) is a UK-wide programme that aims to help businesses improve their competitiveness and productivity through the better use of knowledge, technology and skills.
KTP is part-funded by the Government and involves the forming of a partnership between your company (the ‘company partner’), a recent graduate (the 'associate’), and a university (the ‘knowledge-base partner’).
The associate works full time in your company to manage strategic projects and facilitates the transfer of skills and expertise, transferring the knowledge the company is seeking into the business via a strategic project. Project duration can vary from 10 weeks to three years, depending on the needs of the business and the desired outcomes.
We work with companies to identify an academic or researcher with the right knowledge and skills to assist their organisation. A project is then defined and agreed which will enable the company to draw on that expertise. They are supported by a team of experts – professors, senior lecturers and researchers - who bring technical expertise, research and innovation to the company.
What are the benefits?
The latest KTP Annual Report 2008/09 shows that the business benefits from a single KTP project are:
One-off increase in profit before tax of £81,288 (highest £3 million)
An increase of more than £270,000 in annual profits before tax
Creation of three genuine new jobs in addition to that of the associate
An additional 14 existing staff trained
81% of partners have plans for further collaboration.
"I am writing to you to express my sincere thanks with all your support on this and to say how delighted I am that we have been successful in obtaining the KTP. This will make such a difference to us. Having access to one of your professors, plus guidance and support on issues we are currently facing will mean we can ensure we are delivering the right solutions to those communities in greatest need.
“It will also help with identifying new income streams, which will be vital for our continued presence in Hampshire. It will also provide the associate with a unique development opportunity of working with a charity with access to business and community groups, with guidance from myself and a highly regarded professor.
“Serkan has been a delight to work with and I am very grateful for his unfailing support on this. He is always professional and has always delivered exactly as promised."
Patricia Smith, Business in the Community
For more information, visit the KTP official site
If you are interested in participating in a KTP, contact Serkan Ceylan:
Telephone: +44(0)23 8031 9011