Knowledge Transfer Partnerships (KTPs)
Knowledge Transfer Partnerships (KTPs) enable UK businesses to improve their competitiveness and productivity by providing access to the wealth of knowledge, technology and skills that reside within UK universities.
The KTP scheme enables a three way partnership between your business, the university and a recent graduate. The graduate is part funded by Innovate UK to work for up to 2-years on a strategic innovation problem of your choosing. This individual, called the KTP Associate, will be supervised by an experienced member of our academic staff, bringing the latest skills and academic thinking into your organisation.
By participating in KTPs you can:
- Find an innovative solution to help your business grow
- Increase your competitive advantage
- Access recently qualified people to spearhead new projects
- Access experts who can help take your business forward
- Develop your company for today's market
- Improve your performance/business operations
- Increase profitability
How does it work:
A KTP is part-funded by a grant. You will need to contribute to the salary of the Associate who will work with your business, plus the cost of a supervisor who will oversee the scheme.
The amount you will need to contribute depends on the scale and length of the project. It will also depend on the size of your company. Typically:
- small and medium-sized enterprises contribute around £35,000 per year, about one-third of the project costs
- large businesses contribute around £55,000 per year, or half of the project costs
For further information on KTPs at the University of Sheffield please contact Yasmin Knight in the Partnerships and Regional Engagement team:
email@example.com / (0114) 222 1057
See what other businesses we've partnered with gained from the KTP scheme:
JRI Orthopaedics Ltd
"The Mercury Centre have de-risked not only the technical elements of our research-led innovation, but also the financial. Without that, a lot of areas would have been closed to us." Edward Draper, Executive Innovation Manager, JRI Orthopaedics.
LabLogic Systems Ltd
"The on-going collaboration with the University of Sheffield, which was forged via the KTP, has brought a number of advantages to our business. Through the KTP, we have established our R&D capability in a more formal sense and, in addition, the company now has access to knowledge, expertise and resources that would normally be out of reach." Richard Brown, Managing Director, LabLogic Systems Ltd.
William Beckett Plastics Ltd
"WBP Ltd has significantly benefited from the knowledge and enthusiasm of the associate and academics at the University of Sheffield which has enhanced the company’s knowledge of the MIM process, ensuring future growth and success in the marketplace" William Beckett, Managing Director, WBP Ltd and William Beckett MIM.