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Knowledge Transfer Partnerships

What is a Knowledge Transfer Partnership?

Knowledge Transfer Partnerships

Knowledge Transfer Partnerships (KTPs) are designed to help private sector businesses, public sector organisations and third sector organisations improve their competitiveness and/or quality of delivery, by accessing academic knowledge, expertise and resources within a university

A KTP involves a partnership between a business or organisation (the business partner) and the University (the knowledge base partner). The partnership also involves one or more recently qualified persons (Associates) to facilitate the transfer of knowledge under the supervision of the business and knowledge base partners.

The main objectives of a KTP are to:

  • Facilitate the transfer of knowledge and technology

  • Stimulate business collaborations with the University

  • Enhance the skills of recently qualified graduates and provide them with project management and professional development opportunities

  • Increase regional business understanding of the contribution Staffordshire University can make to their development and growth

  • Contribute to the development of the local, regional and national economy

 

For further information you can download the What is KTP? flyer here (PDF, file size: 924.41KB)

Funding a Knowledge Transfer Partnership

Knowledge Transfer Partnerships are part-funded by the Government via the Technology Strategy Board and 18 other funding organisations, including Research Councils and other Government agencies recognising the importance of knowledge transfer to economic development and wealth creation. The grant rate depends upon the size of the company / partner organisation, normally it will be 60% for a micro business or SME and 40% for a large enterprise. The typical annual costs are around  £17,000 for an SME and £26,000 for a larger company or organisation.

The partner organisation pays the balance of the costs (i.e. the proportion of the partnership budget not covered by the Government-funded grant) to the knowledge base partner in instalments after the grant has been deducted.

 

Many local companies have already discovered how Staffordshire University and graduates can benefit their business with specialist skills, knowledge, enthusiasm and a fresh perspective. You can read about our projects, good news and up coming events on the university KTP News and Events page.

 

For more information about Knowledge Transfer Partnerships with Staffordshire University contact our For Business team on 01782 294178 or email forbusiness@staffs.ac.uk

 

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