What is KTP?
KTP is short for Knowledge Transfer Partnership. This scheme involves a high calibre graduate working in a company with academic supervision.

What sort of company is KTP aimed at?
This national scheme is open to businesses of all sizes in most industries.

How is it funded?
For an SME, approximately 60% of the cost is funded by a Government grant, and the rest is paid for by the company.

How much does it cost the company?
Approximately £20,000 per annum

What is the benefit to the company?
A KTP involves three partners; the university, the student and the company. This partnership brings new knowledge and expertise to the company, by introducing innovative thinking and strategic development.

How long does the scheme last?
Between one and three years.

"This [KTP] project will enable us to give our customers a management system that would typically be too expensive for a small organisation. It has helped us to achieve a 50% growth in turnover", Eamonn Swanton, MD of Heales Medical Ltd

"This KTP position has been the most challenging and rewarding of my career. The mentoring by computer experts at the University gives me access to very advanced skills and know-how that I did not have, and has helped me to work at a strategic level that would not have been possible without their support", Francis Tiangco, KTP Graduate (now IT Manager) at Heales Medical Ltd.

I would like to talk to someone about KTP, who is there to help?
i10 has a team of business development managers, based across the East of England region, whose role is to act as your conduit into the universities and facilitate your relationship with the university of your choice. Team members have a high degree of commercial experience and knowledge and are out on the front line listening to businesses and building up long-term partnerships. Please telephone 0845 234 2314 or complete the contact form.

To search other funding opportunities to finance business-university collaborations, use our new GRANTnet service.