The Technology Strategy Board is responsible for running Knowledge Transfer Partnerships (KTPs). KTPs is Europe’s leading programme for helping businesses become more competitive and productive. It achieved this by mapping business requirements to the knowledge, technology and skills that exist within the UK “knowledge base”.
The KTP involves forming a partnership between your company (the company partner) and an academic institute (the knowledge base, or KB partner). This partnership enables you to access skills and expertise to help your company develop. It also involves one or more excellent graduates (Associates) to transfer these skills and expertise.
On average, the business benefits that can be expected from a KTP project can include increases of over £227,000 in annual profits before tax, the creation of three genuine new jobs and an increase in the skills of existing staff.
Projects generally last between 1 and 3 years. Most companies that take part are small to medium sized enterprises (SMEs) with between 5 & 250 employees (though larger companies also participate).
For further information about KTPs with Stirling, please contact the Research & Enterprise Office