Business

Business benefits

KTPs are part funded programmes that enable companies and the public sector to access knowledge and skills from the UK’s Universities.

KTP programmes are created for specific strategic improvements to an organisation.

The programmes are centred around the needs of the business and are fully aware of commercial needs.  They are flexible and able to respond to the dynamics of the business world.

Financial impact and benefits

  • Eligible for research & development tax credits
  • Direct and indirect income from Intellectual Property
  • Financial savings and reductions in costs from a project
  • Increased profitability, sales and company growth, with an average increase of over £220,000 in annual profits before tax
  • Specified technical and commercial targets
  • Provides a ring fenced resource to tackle the strategic need 

Business impact and benefits

  • Facilitate the transfer of knowledge and technology to encourage industrial investment in innovation
  • Establish collabotation between industry and academia
  • Develop innovative solutions to help your business grow
  • Develop and increase competitive advantage
  • Improve performance / business operations
  • Increase capability
  • Develop new markets and opportunities, developing growth strategies
  • Acquiring and applying new knowledge, skills and expertise
  • Increase skills of existing staff
  • Risk free recruitment and development of talented high calibre graduates
  • University provides consultancy and expertise to help drive the business forward
  • Access to University facilities, departments and services
  • Industry based training and development of talented university graduates

If you are interested in KTPs and the opportunities that are available please email ktp@bath.ac.uk or call +44 (0)1225 383904.