Representatives from the public, private and third sector are invited to University Centre Shrewsbury (a professional centre of University of Chester), to learn about the opportunities and benefits around Knowledge Transfer Partnerships.
Knowledge Transfer Partnerships (KTPs) are part funded by a grant to provide businesses and organisations with the skills & capabilities to deliver strategic innovation. They are a 3-way collaboration between a business, a high calibre individual (known as a KTP Associate) and a University to solve a specific, strategic innovation challenge faced by the business partner.
KTPs improve company competitiveness, productivity, performance, and profitability by tapping into the knowledge, skills and expertise in UK Universities, Further Education and Research Organisations. The programme represents an extremely cost-effective means of introducing new skills into your workplace to resolve an ongoing challenge or issue.
KTP Projects can be about:
- Developing new products & new processes
- Introduction of new technologies
- Optimisation of business processes
- Entry into new markets
Funded through Innovate UK, depending on the size of the company the following funding is available:
67% of project cost for micro, small and medium-sized businesses*
50% of project cost for Large Businesses and some public sector organisation
75% of project cost for not-for-profit business of any size
*Subject to eligibility – A minimum of 2 employees and demonstration of affordability.
Digital Solutions and CREST are hosting this informative session on Wednesday 15th March 12- 2pm with a free lunch included. Come join us and an Innovate UK KTP Advisor and find out more about what Knowledge Transfer Partnerships are all about and the opportunities and benefits they can bring to your organisation.
Digital Solutions and CREST are part funded by ERDF.
KTPs are funded by UKRI through Innovate UK with the support of co-funders, including the Scottish Funding Council, Welsh Government and Invest Northern Ireland.