The Knowledge Transfer Partnership (KTP) scheme allows a UK registered business or not-for-profit organisation (which we will refer to collectively as the ‘business partner’ from now on) to partner with a UK higher education (HE) or further education (FE) institution, RTO or Catapult (which we will refer to as the ‘knowledge base partner’).
This new partnership brings new skills and the latest academic thinking into the business partner to deliver a specific, strategic innovation project. The knowledge base partner will recruit 1 or 2 graduates (known as ‘associates’) to work on the project.
In this round Innovate UK is investing up to £6 million towards the funding of projects, with the business partners in the funded projects also contributing to the costs.
Additionally, £2 million is available for management KTP projects that focus on improving productivity within a business, with the business partners also contributing to the project costs.
Each application must be led by a knowledge base, working with a business partner. If you are from a knowledge base that has not yet developed a project, get started by reading the KTP guidance. If you are from a business, contact the Knowledge Transfer Network.More details on the official website