K NOWLEDGE T RANSFER P ARTNERSHIPS N ADIA O MAR – B USINESS D EVELOPMENT MANAGER F ACULTY OF T ECHNOLOGY

K NOWLEDGE T RANSFER P ARTNERSHIPS (KTP)

K NOWLEDGE T RANSFER KTP is one product within a larger portfolio of government initiatives to transfer knowledge from academia to industry The KTP scheme is highly successful and has been in place for nearly 40 years. DMU is recognised as a significant provider – over 100 KTPs Unique opportunity to apply research to real-life business projects, –increased profits –generation of new jobs –increase of skills for existing staff

KTP C RITERIA Any business sector, including not-for-profit and public sector organisations Businesses of all sizes (although <10 employees usually considered too small) Project of strategic importance, length can vary from 1 – 3 Yrs –Evidence of need for, and potential economic benefits of knowledge transfer Proof of Company financial viability

KTP P ROCESS Now fully online at _connect ( Expression of Interest form (EOI) Full Proposal completed and submitted to meet deadline Program Approval Group (PAG) meets to review proposals (2-3wks) PAG Feedback received and either approved or rejected Grant Offer letter sent and Recruitment Process begins

P ROJECT B UDGET The project budget for a standard two year KTP would be c£140,000 This will cover: Associate Salary and employment costs Academic time and input – ½ a day per week Equipment and Consumables Travel and subsistence Associate’s Personal Development and training The 67% = c£93,800 SME 33% = c£46,200 (so c£23,100 pa) Large Organisation: Grant Rate is 50%

B ENEFITS TO ORGANISATION Highly Skilled Individual to spearhead new project New strategic capability embedded within the company Increase in profitability and competitiveness Access to academic “consultant” / supervisor & DMU facilities “Try before you buy” opportunity Existing workforce enhanced through transfer of knowledge and skills

B ENEFITS TO A SSOCIATE Project and personal management skills development. Competitive salary - £20 - £23K with additional £4k Professional Development budget Full project ownership but are fully supported by experienced staff from the business and the university Opportunity to make a great impression!

R ESOURCES KTP online Application guidance Case studies Local KTP Office Innovation Centre, DMU Tel Nadia Omar Tel