Partnership Structure

KTP Funding Partners

What is KTP? Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime… Lao Tzu “ ”

KTP Mission Knowledge Transfer Partnerships is Europe’s leading programme helping businesses to improve their competitiveness, productivity and performance through the better use of knowledge, technology and skills that reside within the UK knowledge base. Dr Vince Cable MP, Secretary of State for Business, Innovation and Skills, presenting the Overall Winning Partnership Award to Cherry Pipes Limited at Innovate ‘11

Some Figures

January 2012 £34m Grants committed £84m Business contributions 1176 Live partnerships (includes classic and shorter KTPs) 1234 Live projects (includes 199 shorter KTPs) Data from 2010/11 Annual Report

Features

Innovative project of clear strategic relevance to the business Sound business case Stimulating and challenging for all three partners Demonstrating a step change in innovation Quantifiable impact for all three partners Project Criteria Clear knowledge transfer Clear benefit from KB involvement

The Features of KTP Project length of between 6 months and 3 years Associates recruited by KB and Business partners The Associate is employed by the KB partner Project located at business premises with business supervisor KB Supervisor spends approx. half a day per week at the business premises

Project Budget Annual budget ~£60k Includes T&S, consumables and training Equipment owned by KB Partner on completion SMEs contribute 33% Large businesses contribute 50%

Who is eligible Businesses, Academics, Graduates

Business Partners Stable companies of all sizes from all industrial sectors Charities and not-for-profit organisations Education institutions (LEAs and schools) Health organisations (hospitals and NHS Trusts) Councils and Local Authorities Available for:

Knowledge Base Partners Higher Education Institutions Further Education Institutions Research and Technology Organisations Public Sector Research Institutes Suitable for:

The Associate First degree ~ 83% hold 1 st or 2(i) Higher degree ~ 59% NVQ level 4 Average age 29 years All disciplines Recently Qualified with:

Business Benefits Benefits per Associate project Increase in annual profit before tax ~ £240,000 Investment in plant and machinery ~ £106,000 New jobs created 2 Business staff trained 15 New research projects initiated 3 Commercial benefits from application of IP ~ 27%

Business Benefits Benefits per £1 million New jobs created 23 Company staff trained 196 One-off increase in tax before profit £0.9m Anticipated increase in annual profit before tax £3.08m after partnership is completed Investment in plant & machinery £1.35m

Knowledge Base Benefits Knowledge Base Income Published papers Teaching materials, case studies and projects (84%) New research themes – commercial relevance (75%) Staff development – commercial awareness (96%) Higher degree registrations Graduate career opportunities Exploitation of IP developed during project (27% expect commercial benefits) Strategic relationship with business (74%)

Associate Benefits Associate Competitive salary Part of one of the country’s largest graduate recruitment schemes Employment within the chosen academic discipline Fast-track career development Opportunity to register for higher degree during project 73% of Associates are offered employment by the host business Training and development to National Management Standards

The Application Process Prepare EOI* for submission to KTP Adviser Prepare application with guidance from KTP Adviser Application assessed by Partnership Approval Group (PAG) Proposal funded – continued input from KTP Adviser * EOI – Expression of Interest

Contact us KTP Advisers Neil Grice Tel.: Norman Stock Tel.: Tel.: Web: KTP - Technology Strategy Board General enquiries Bournemouth University

Knowledge Transfer Partnerships Technology Strategy Board _connect