Knowledge Transfer Partnerships
Knowledge Transfer Partnerships are funded by government and designed to encourage business and knowledge base collaborations.
They help businesses and organisations to improve their competitiveness and/or productivity through applying the knowledge, technology and skills that reside within academic institutions, whilst increasing the business relevance of knowledge base research and teaching.
How do KTPs work?
KTPs are led by the Technology Strategy Board and managed by Momenta. KTPs form a 3-way partnership between a company, an academic and a graduate ('KTP associate').
Each associate works in the company on a project designed to facilitate transfer of knowledge, skills and technology, which is core to the strategic development of the business.
Associates are jointly supervised by a senior member of the business and an academic from the partnering knowledge base organisation. Classic KTPs are between 1-3 years in length.
Benefits for companies
- Access highly qualified graduates to lead new projects
- Access University expertise providing specialist knowledge and access to the latest technology and ideas
- Develop innovative solutions to help your business grow
- Increase competitive advantage
- Improve your performance/business operations
- Increase profitability
- Government funding reduces the cost and risk to businesses
- University manages the administration
Benefits for academics
- Apply knowledge and expertise to important organisational problems
- Develop business relevant teaching materials
- Identify new research themes and undergraduate / postgraduate projects
- Gain an improved understanding of organisational requirements and operations
- Publish high quality research papers
- Contribute to the Research Excellence Framework (REF)
- Assist strategic change
- Build relationships with the business community, providing opportunities for ongoing collaboration
- The KTP Office manages the administration
Benefits for graduates
- Opportunity to work on an industry-based project to develop and deliver change in an organisation
- Ongoing support from academic experts
- Earn a graduate salary whilst receiving practical and formal management training and development
- Gain valuable experience and marketable, highly transferable skills.
- Enjoy the potential of a permanent post with the company
- Automatic registration to NVQ level 4 in Management and the opportunity to register for a higher degree
What funding is available?
Each KTP is part funded by the government with the balance of the costs coming from the company partner. The funding covers the associate’s employment costs, academic and secretarial support, training, travel and some equipment and consumables.
What types of project are eligible?
Projects can be undertaken in a wide range of subject areas over most business sectors.
Academics from Lancaster University’s Department of Communication Systems provided expertise to help deliver a successful KTP with Ultra Electronics Communication & Integrated Systems. Professor Garik Markarian was Lead Academic.