Knowledge Transfer Partnerships

Knowledge Transfer Partnerships
Abbreviation KTP
Formation 2003
Legal status Non-profit company
Purpose Knowledge transfer in UK universities
Headquarters North Star House, North Star Avenue, Swindon, SN2 1UE
Region served
UK
Membership
1,078 knowledge transfer partnerships
Parent organization
Innovate UK
Website KTP

Knowledge Transfer Partnerships (KTP) is a part government-funded programme to encourage collaboration between businesses and universities in the United Kingdom.

History

KTP was launched in 2003, replacing the Teaching Company Scheme (TCS), which had been formed in 1975. The programme is funded by some 17 public sector organisations, and led by the Technology Strategy Board, an executive Non-Departmental Public Body reporting to the Department for Business, Innovation and Skills.

Structure

Each KTP involves three 'partners':[1]

There are approximately 1,000 concurrent programmes at any one point in time.[2]

The KTP programme is managed by the Technology Strategy Board.[3]

Function

The aims of each KTP programme are to facilitate the transfer of knowledge and technology and the spread of technical and business skills to the company, stimulate and enhance business-relevant research and training undertaken by the knowledge base, and enhance the business and specialist skills of a recently qualified graduate.[4]

As a part-government funded programme, a company entering into a KTP programme contributes between 33 and 50 per cent of the project cost, with the government contributing the remainder. Average annual project costs are approximately £60,000.[5] This package includes the associate's salary, as well as a travel budget, personal development budget, academic input and expertise, and administrative support.

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