Knowledge Transfer Partnerships
Access our academic skills and expertise to help improve your competitiveness, productivity and performance.
A Knowledge Transfer Partnership (KTP) is a three-way partnership between your organisation, a graduate and Cardiff University. Part-funded by the government, the scheme provides access to academic skills and expertise to businesses who wish to innovate, expand or improve their performance.
The partnership involves one or more qualified persons (Associates) to facilitate this transfer of skills and expertise. They work within your organisation on a project central to your needs and are jointly supervised by company personnel and a senior academic.
- small and medium-sized enterprises contribute around £30,000 per year, about one-third of the project costs
- large businesses contribute around £45,000 per year, or half of the project costs
Third Sector funding
Third sector businesses of any size may receive a grant contribution of up to 75% of eligible project costs from Innovate UK, subject to a cap, with the business paying the balance. This is a long-term commitment from KTP to help increase the numbers of projects from 3rd Sector businesses.
Alongside the standard KTP sits the mKTP, designed to inject significant management expertise that expands business capability, increases productivity and flexibility and enables lasting change and growth.
Benefits to your business
A KTP offers an alternative option to consultancy or student placements, leading to a wide range of benefits including:
- increased profitability
- improved performance
- competitive advantage
- process enhancement
- reduction in costs
We have an extensive track record of successful KTPs and award-winning projects.
If you are interested in exploring a KTP then please contact us.