Benefits of KTPs for business
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 38 6535