Funding and costs

The Knowledge Transfer Partnership (KTP) scheme is part funded by a number of sponsors including all of the UK Research Councils, Welsh Government and Innovate UK, who are responsible for managing the scheme.

The sponsors provide the following funding:

  • a 67% for SMEs
  • a 50% grant for large organisations

Each KTP grant application is assessed against a list of criteria to ensure that the proposal fits within the agreed mission and objectives of the programme. 


The net cost to you varies depending on the project but as a guide:

  • £20,000 per year for an SME
  • £30,000 per year for a large organisation

This investment, only slightly more than a starting wage for a high-level graduate, gives you:

  • an Associate working full-time on the project
  • the time of the lead academic
  • a travel and equipment budget
  • access to the University’ facilities and equipment that the Associate may require to do their job
  • an Associate Training and Development budget which gives the Associate new skills to enhance the project further
  • a range of administrative and logistical support from the University and the central KTP team.

How to apply

  • A KTP grant application is completed jointly by you and the academic partner, with support from our KTP team
  • The regional KTP Adviser will visit you to confirm the project’s viability at an early stage of the process
  • Submission deadlines are every two months
  • The KTP team coordinate the whole application process, to ensure that the appropriate deadline is met.