Knowledge Transfer Partnerships

A Knowledge Transfer Partnership (KTP) is a programme designed to help businesses improve their competitiveness and productivity through better use of knowledge, technology and skills.  A KTP is a three-way project partnership between a business, Keele University and a recently-qualified high-calibre graduate known as the associate.

By working with Keele University your business will gain:

  • A full-time high-calibre graduate to spearhead new innovation and growth projects
  • Ongoing bespoke business support from an expert academic employed by Keele University
  • Access to the University’s extensive resources, including facilities and skills
  • A tailor-made strategic business development project with high levels of innovation to meet your company’s needs
  • Access to a travel, equipment and training budget of up to £11,500 for the graduate whilst working on the project

 

Fast Facts

  • 84% of KTPs plan further collaboration after the project
  • More than 70% of the KTP associates are offered full-time employment after the completion of the project
  • On average, each KTP results in the creation of three new jobs in addition to the KTP associate

 

Eligibility

As projects are part-funded, there are certain criteria that must be met.  Please contact us to assess your eligibility.

 

Business benefits

Average benefits from a single KTP show that your business could benefit from:

  • £62,000 one-off increase in profit before tax
  • £550,000 anticipated increase in annual profit before tax after the project completion
  • £452,000 anticipated increase in annual exports.

 

Cost

Up to 67% of the total KTP budget is met by Government funding.  The remaining business contributions for a typical two-year programme range from £20,000-£26,000 (plus VAT) per annum, depending on the size and turnover of your business.   In certain cases, the KTP may also be eligible for Research and Development tax credits.

 

How to apply

For more information on the opportunities available, please contact one of the Business Gateway team: