Knowledge Transfer Partnership Round 3

Fund Name: Knowledge Transfer Partnership (KTP)
Project Length: 12-36 months
Project Value: Up to 67% of eligible project costs
Deadline: 29/09/2021

Summary

The Knowledge Transfer Partnership (KTP) scheme allows a UK registered business or not-for-profit organisation (referred to as the ‘business partner’) to partner with a UK higher education (HE) or further education (FE) institution, RTO or Catapult (referred to as the ‘knowledge base partner’). This new partnership brings new skills and the latest academic thinking to the business partner to deliver a specific, strategic innovation project. The knowledge base partner will recruit 1 or 2 graduates (known as ‘associates’) to work on the project.

Fund Details

Your application must be for a specific, strategic innovation project that tackles one or more challenges faced by the business partner. It can be any kind of project, but it must show:

  • How it helps the business with a real need
  • How it fits the strategic aims of the business partner
  • There is a genuine market opportunity and route to market
  • How the knowledge gained will be embedded within the business partner
  • What makes this approach innovative

KTP supporters will consider partially funding project costs of any amount provided that the costs are judged to be appropriate. Projects costs are usually no more than £75,000 per year. Typically, Innovate UK and its supporters fund projects at:

  • 67% of eligible project costs for micro, small and medium-sized enterprises (SMEs)
  • 50% of eligible project costs for large businesses.

A proportion of this will be paid by the business partner. Your project can last between 12 and 36 months, depending on the project requirements.

Eligibility

Each application must be led by a knowledge base, working with a business partner.

Knowledge base partner

The knowledge base partner cannot work alone. The knowledge base partner must lead the project and must:

  • Be a UK registered higher education (HE) or further education (FE) institution, RTO or Catapult
  • Invite one UK registered business of any size or not-for-profit organisation into the Innovation Funding Service
  • Invite one knowledge transfer adviser
  • Not act in any way to gain selective commercial or economic advantage from the outputs of the project
  • Recruit associate roles in a demonstrably open and fair manner
  • Allow associates to carry out the majority of the project at the business partner’s premises
  • Provide academic support for the associate
  • Make sure the application is completed and submitted before the competition closes

Business partner

Business partners cannot work alone. They must develop the project with a knowledge base of their choice. Business partners are encouraged to approach knowledge bases directly. To collaborate with the knowledge base, the business partner must:

  • Be a UK registered business, of any size, or a not-for-profit organisation
  • Have more than 2 employees
  • Demonstrate its ability to financially support its contribution to the project
  • Accept an invitation from a knowledge base to participate in a project and complete their parts of the application form
  • Provide a summary of their financial accounts from the past 3 years
  • Provide supervisory support for the associate
  • Host the associate
Get In Touch

If you think that you might be eligible for this fund, please Get In Touch by filling out the contact form below.

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