What Can KTP Offer Your Business?
By participating in Knowledge Transfer Partnerships your business can:
Access qualified people to spearhead new projects
Access experts who can help take your business forward
Develop innovative solutions to help your business grow
Develop your business for today’s market
Increase your competitive advantage
Improve your performance/business operations
Business performance outputs vary considerably from case to case, given the variety and type of projects. Latest information shows that, on average, the business benefits that can be expected from a single KTP project (typical duration 1-3 years) are:
An increase of over £240,000 in annual profits before tax
The creation of two genuine new jobs
An increase in skills of existing staff
How does it work?
The KTP team at Glyndŵr University will identify an academic or researcher who has the right expertise for your business. Together you will then define and agree a project that will enable you to draw on their expertise and apply it to your business. The agreed project could be for any length of time between 26 weeks to 3 years, depending on your business need. The overall aim of the KTP is to help your business make a step change in an area that you have identified as a high priority.
Which businesses can take part?
KTP has worked with over 3,000 organisations. From manufacturing to design, sustainability to marketing; any business sector, including third sector and public sector organisations such as the NHS, can take part. Businesses of all sizes can take part too, from micro businesses to large enterprises.
What type of projects can we carry out?
KTP works across a wide range of academic disciplines from over 140 knowledge bases. Expertise from the knowledge bases has already helped businesses to improve their performance.
- Improving existing products or developing new products
- Developing and implementing a marketing strategy to enter new markets
- Developing new systems and frameworks to improve efficiencies in staff and processes
How does the project develop?
When the Company, the KTP team, the knowledge base partner and, in some cases, the KTP Adviser have worked together to prepare a proposal, the KTP team makes a formal application to the Technology Strategy Board for approval.
Once it has been approved, you and the KTP team will recruit an Associate to work on the project. Depending on the duration of the KTP, your Associate will be a qualified person (either NVQ level 4 equivalent or above, such as a graduate or postgraduate). Typically, they are employed by the knowledge base partner but work in your business to manage the project, apply their own knowledge and ensure that the expertise of the knowledge base partner is embedded into your business.
Academics from the knowledge base remain closely involved throughout the project, working with people to contribute their own knowledge and experience. They will spend the equivalent of at least half a day each week with you and your KTP Associate.
What will it cost?
A KTP is part-funded by a Government grant. A small to medium-sized enterprise (SME) would be expected to contribute about a third of the costs involved in the project.
The average annual contribution to a project for an SME would be from around £20,000.
This contributes to the costs of the Knowledge Base Supervisor and Associate employment and development. Your contribution to the costs of the project not only gives you the services of your KTP Associate, but also the time and expertise of the academics or researchers working with you, and, in the case of a long-term strategic KTP, expert guidance from a KTP Adviser.
The process - next steps
1. Check the feasibility of your idea
Not all projects will be suitable for a KTP. A business can discuss a possible project by speaking to our dedicated KTP team on 01978 293 997. Alternatively email
2. Forming a Knowledge Transfer Partnership
At the heart of a KTP is the relationship between a business that has a long-term strategic or short-term tactical need and a knowledge base partner with the expertise to help the business address that need. Establishing a Partnership is not an automatic process and a good starting point is to contact the KTP team.
3. Completing a grant application form
We have worked hard to make the process as easy and painless as possible. Therefore the dedicated KTP team at Glyndŵr University will fully support the Company Partner through every stage of the process.
4. Consideration of Proposals
Proposals will be submitted for consideration by KTP team for consideration at a forthcoming meeting of the Partnership Approvals Group (PAG).
5. Issue of a grant offer letter
The acceptance of the terms and conditions of the Grant Offer Letter marks the point at which the Partnership can begin to recruit and appoint their Associate(s). The process of recruitment is undertaken jointly by both the business partner and the knowledge base partner, although the Associate's contract of employment is with the knowledge base partner.
The objective must be to recruit the most appropriate Associate for the work, the KTP team will provide advice and coordinate the recruitment process.
Got an idea for a KTP? Want to find out more?
Contact the KTP team on 01978 293 997. Alternatively email email@example.com