A Knowledge Transfer Partnership (KTP) is a three-way collaboration between a company, a UK university, and a graduate, designed to realise a transformative business opportunity. For over 40 years, Knowledge Transfer Partnerships have been helping companies to innovate for growth by accessing the UK’s world-leading knowledge base.
Partnerships can cover any important area where there is a need for additional expertise and resources, enabling dynamic organisations to improve their competitiveness, productivity and performance.
Knowledge transfer is achieved by the University of Bath employing one or more graduate, or 'Associate', to work on a strategic project based at the company, varying in length from 2 to 3 years. An academic supervisor at the University, with relevant expertise to the programme, maintains close involvement with the graduate and organisation throughout.
The programme aims to stimulate innovation, by providing industry based training and development of talented University graduates, including post-graduates. Around 70% of associates are offered a post with the company on a permanent basis, following project completion. Companies are eligible for a grant of up to 67% as an SME or up to 50% for a larger organisation
KTPs can benefit businesses of any size and in any sector looking to address a core strategic challenge.
Innovate UK has recently introduced new Management Knowledge Transfer Partnerships (MKTPs) for improved management practice and business performance.