Knowledge Transfer Partnerships
If your organisation wishes to innovate, expand or improve its performance, a Knowledge Transfer Partnership (KTP) may be an ideal way to tackle a major strategic challenge. KTPs are a government initiative that helps organisations, particularly SMEs, gain access to University knowledge, expertise and resources in order to develop new products, services and processes.
KTPs support companies by providing funding (up to 60% of costs), project management and training, in order to facilitate the transfer of knowledge and technology.
To be accepted into the scheme you will need to identify a project that has strategic importance to your organisation’s development. Once a partnership has been established and approved, a suitably-qualified graduate, supervised jointly by you and Kingston Business School, will be employed by your company for the duration of the project (6 months to 3 years) to manage its implementation.
Small and medium-sized businesses with the potential to grow benefit from:
- The expertise of University academics and researchers
- The knowledge and skills of a graduate
- A Government grant
The average turnover of Kingston partner companies has grown by over 40% as a result of two-year Knowledge Transfer Partnerships. Partnerships may range from 6 months to three years and it is possible to have two running concurrently within the same organisation. If your business has a strategic need but not the in-house capability to progress it, KTP can give you the solution.
For more information please contact Kathryn Elliott on 020 8417 5632 or firstname.lastname@example.org.