Deadline: 25-Jan-23
UK registered academic institutions, RTOs or Catapults can apply for a share of up to £9 million to fund innovation projects with businesses or not for profits.
The Knowledge Transfer Partnership (KTP) programme allows a UK registered business or not for profit organisation, (which we 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).
The KTP partnership brings new skills and the latest academic thinking into the business partner to deliver a specific, strategic innovation project. The knowledge base partner recruits the ‘associate’ to work on the project. The associate has the opportunity to lead a strategic development within the business developing new skills and gaining valuable experience.
Funding Information
- Typically, a project’s total costs are £8500 per month. Projects must be between 12 and 36 months. 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.
Your project
- Your application must be for a specific, strategic innovation project that tackles one or more challenges faced by the business partner.
- It can be any kind of project and must show:
- How it helps the business with a real need
- How it fits the strategic aims of the business partner
- A genuine market opportunity and a viable route to market
- How the knowledge gained will be embedded within the business partner
- What makes your project innovative
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 organization
- They use the term ‘business partner’ for businesses, charities and charitable businesses.
- The definition KTP uses for charities and charitable businesses include:
- Registered charity
- Registered community interest company
- Registered charitable incorporated organisation
- Charitable company
- Exempt or excepted charity
- Registered charitable industrial and provident society or charitable cooperative (Bencom)
- A ‘charitable business’ refers to an organisation which is both a registered company (normally a private company limited by guarantee) and a registered charity (all charities with an income over £5,000 p.a. being required to register with the Charity Commission)
- Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian and Belarusian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian and Belarusian source.
- KTP does not support projects where the business partner is in the public sector.
Ineligible
- They will not fund:
- Projects that are not strategic for the business partner
- Projects that do not demonstrate a genuine market opportunity or viable route to market
- Research projects
- Projects where the business partner is in the public sector
- Projects which are classed as State aid under EC regulations or a subsidy under the EU-UK TCA
- Undertakings which gain a selective economic or commercial advantage from the funding.
For more information, visit Innovate UK.