Knowledge Transfer Partnerships
The Knowledge Transfer Partnership (KTP) scheme has been supporting businesses to innovate and grow for over 45 years. A KTP works by linking a business with the University who has knowledge the business needs and a highly-skilled graduate who is dedicated to delivering a specific, strategic project for that business.
KTPs deliver significant increase in competitiveness and productivity for the business and centres around the businesses need. Innovate UK and other UK funding councils will fund up to 67% of the project costs for a KTP with the business supporting the rest and so it’s a cost-effective route to access new knowledge and resource.
A typical KTP project runs for 12-36 months and has a lasting impact on the business, usually creating new capabilities and establishing new skills within their workforce.
Benefits of a KTP
- Embed expertise, generate new knowledge, expand capability and foster a culture of innovation at your business
- Drive competitive advantage through accelerated innovation and the possibility of creating Intellectual Property
- Gain privileged and cost-effective access to the knowledge and extensive range of cutting-edge equipment and resources at Buckinghamshire New University
- Increase revenue/profits through access to new markets, new product development, increased productivity and better processes.
How it works:
Stage 1: The Business
The Business has a problem to solve or an innovative project to deliver.
Stage 2: The Associate
The Associate (a recent graduate) is employed by BNU and embedded in the company to deliver the project.
Stage 3: The Knowledge Base
The Knowledge Base (our University) provides expertise and the latest research to support the Associate.