Knowledge Transfer Partnerships
We are closely monitoring the coronavirus (COVID-19) situation and ensuring the safety and welfare of our associates, staff and students is our priority.
We are working remotely but are still accessible to all our partners, supporting your needs during this challenging time. We appreciate that not all businesses will have the capability to run a Knowledge Transfer Partnership at this time.
Knowledge Transfer Partnerships during the coronavirus (COVID-19) pandemic
New KTP opportunities
Innovate UK and funders are still receiving applications for new projects, with competition dates open as usual.
Welsh Government funding for Welsh SMEs
In the current difficult economic environment, Welsh Government has announced that they will contribute 75% towards the total costs of KTP projects that meet eligibility criteria and are approved for participation in the KTP programme, until the end of June 2021.
See our Funding and Costs page for more information.
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.
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.
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.