What are Knowledge Transfer Partnerships for business?
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. Knowledge Transfer Partnerships provide resources and expertise to dynamic organisations that wish to innovate, expand or improve their performance.
KTP is funded by the Technology Strategy Board (TSB) with 17 other funding organisations and are a leading scheme within Europe for helping businesses to improve their competitiveness and productivity through the better use of knowledge within UK Universities. Grants of up to 67% are available.
The University of Bath has enormous resources of intellectual knowledge, supported by an academic structure, research facilities and a culture that favours the advancement of knowledge into the real world. The fundamental benefits of KTPs are that they provide a framework and a structure to allow organisations to work with and access our knowledge base. Academics remain closely involved throughout the project, working with the Associate and yourself to contribute their own knowledge and experience. They spend the equivalent of at least half a day a week at your company. Once a project has been approved, a talented fast track graduate is recruited to facilitate the project. The Associate is employed by the University of Bath but are based at your company to manage the project, apply their knowledge and ensure the expertise of the academic is transferred into your business.
If your company wishes to make a major technological or managerial change and you require academic expertise to achieve this, Knowledge Transfer Partnerships can be the catalyst to help you succeed.
For more information on KTPs please email ktp@bath.ac.uk or call 01225 383844.