Deadline: 15-Jun-22
The Innovate UK has announced 2022-23 Knowledge Transfer Partnership (KTP) funding Competition to bring new skills and the latest academic thinking into the business partner to deliver a specific, strategic innovation project.
The Knowledge Transfer Partnership (KTP) programme allows a UK registered business or not for profit organisation (which they will refer to collectively as the ‘business partner’ from now on) to partner with a knowledge base partner’ (either a UK higher education (HE) or further education (FE) institution, research and technology organisation (RTO) or Catapult).
There are two types of KTP:
- classic KTPs focus on developing new or better products and services
- management KTPs focus on developing better businesses by enhancing processes and building management capability.
Funding Information
- Typically, a project’s total costs are no more than £75,000 per year. A proportion of the knowledge base partners costs will be funded by Innovate UK. The remainder of the project costs are paid by the business partner.
Eligibility Criteria
Each KTP is a partnership between the following:
- a UK knowledge base, acting as lead organisation and submitting the application
- a UK registered business or not for profit organisation
To collaborate with the knowledge base, the business partner must:
- be a UK registered business or a not for profit organisation of any size
- have 2 or more full time equivalent employees
- complete the application form in partnership with the knowledge base partner
- provide evidence of their ability to financially support their contribution,
- host the associate and provide them with day to day supervisory support
- host monthly supervisor, Local management Committee (LMC) and other mandatory meetings at their own expense
- provide evidence that demonstrates their ability to financially support the exploitation of the project
- reach a written intellectual property (IP) agreement with the knowledge base before the project commences
- determine the size of their business or group.
For more information, visit Innovate UK.
For more information, visit https://apply-for-innovation-funding.service.gov.uk/competition/1141/overview#eligibility