KNOWLEDGE TRANSFER PARTNERSHIPS NADIA OMAR – BUSINESS DEVELOPMENT MANAGER FACULTY OF TECHNOLOGY
KNOWLEDGE TRANSFER PARTNERSHIPS (KTP)
KNOWLEDGE TRANSFER • KTP is one product within a larger portfolio of government initiatives to transfer knowledge from academia to industry • The KTP scheme is highly successful and has been in place for nearly 40 years. DMU is recognised as a significant provider – over 100 KTPs • Unique opportunity to apply research to real-life business projects, – increased profits – generation of new jobs – increase of skills for existing staff
KTP CRITERIA • Any business sector, including not-for-profit and public sector organisations • Businesses of all sizes (although <10 employees usually considered too small) • Project of strategic importance, length can vary from 1 – 3 Yrs – Evidence of need for, and potential economic benefits of knowledge transfer • Proof of Company financial viability
KTP PROCESS • Now fully online at _connect (https: //connect. innovateuk. org) • Expression of Interest form (EOI) • Full Proposal completed and submitted to meet deadline • Program Approval Group (PAG) meets to review proposals (2 -3 wks) • PAG Feedback received and either approved or rejected • Grant Offer letter sent and Recruitment Process begins
PROJECT BUDGET The project budget for a standard two year KTP would be c£ 140, 000 This will cover: Associate Salary and employment costs Academic time and input – ½ a day per week Equipment and Consumables Travel and subsistence Associate’s Personal Development and training The Grant @ 67% = c£ 93, 800 SME contribution @ 33% = c£ 46, 200 (so c£ 23, 100 pa) Large Organisation: Grant Rate is 50%
BENEFITS TO ORGANISATION • Highly Skilled Individual to spearhead new project • New strategic capability embedded within the company • Increase in profitability and competitiveness • Access to academic “consultant” / supervisor & DMU facilities • “Try before you buy” opportunity • Existing workforce enhanced through transfer of knowledge and skills
BENEFITS TO ASSOCIATE • Project and personal management skills development. • Competitive salary - £ 20 - £ 23 K with additional £ 4 k Professional Development budget • Full project ownership but are fully supported by experienced staff from the business and the university • Opportunity to make a great impression!
RESOURCES KTP online http: //www. ktponline. org. uk • Application guidance • Case studies Local KTP Office • Innovation Centre, DMU • Tel. 0116 250 6211 • Nadia Omar Tel 0116 207 8624
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