Knowledge Transfer Partnerships Nadia Omar – Business Development manager Faculty of Technology
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Transcript of Knowledge Transfer Partnerships Nadia Omar – Business Development manager Faculty of Technology
KNOWLEDGETRANSFER
PARTNERSHIPSNADIA OMAR – BUSINESS DEVELOPMENT MANAGER
FACULTY OF TECHNOLOGY
KNOWLEDGE TRANSFER PARTNERSHIPS (KTP)
KNOWLEDGE TRANSFER
• 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 CRITERIA• 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 PROCESS• Now fully online at _connect (https://connect.innovateuk.org)
• 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
PROJECT BUDGET
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 Grant @ 67% = c£93,800
SME contribution @ 33% = c£46,200 (so c£23,100 pa)
Large Organisation: Grant Rate is 50%
BENEFITS 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
BENEFITS TO ASSOCIATE• 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!
RESOURCES
KTP online http://www.ktponline.org.uk
• Application guidance
• Case studies
Local KTP Office
• Innovation Centre, DMU• Tel. 0116 250 6211• Nadia Omar Tel 0116 207 8624