Deadline: 29-Sep-21
Applications are invited for The Knowledge Transfer Partnership (KTP) scheme that 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 UK higher education (HE) or further education (FE) institution, RTO or Catapult (which they will refer to as the ‘knowledge base partner’).
This new partnership brings new skills and the latest academic thinking into the business partner to deliver a specific, strategic innovation project.
The knowledge base partner will recruit 1 or 2 graduates (known as ‘associates’) to work on the project.
Funding Information
- They will consider partially funding project costs of any amount if they judge the costs to be appropriate. Typically, projects cost no more than £75,000 per year.
Eligible 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, it must show:
- how it helps the business with a real need
- how it fits the strategic aims of the business partner
- there is a genuine market opportunity and route to market
- how the knowledge gained will be embedded within the business partner what makes this approach innovative.
Ineligible Project
They are not funding:
- 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
- research projects
- projects that are not strategic for the business partner
- projects that work with public sector organisations
- projects that do not demonstrate a genuine market opportunity
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
- Your project can last between 12 and 36 months, depending on the project requirements.
- Knowledge base partner
- The knowledge base partner must lead the project and must:
- be a UK registered higher education (HE) or further education (FE) institution, RTO or Catapult
- invite one UK registered business of any size or not-for-profit organisation into the Innovation Funding Service
- invite one knowledge transfer adviser
- not act in any way to gain selective commercial or economic advantage from the outputs of the project
- recruit associate roles in a demonstrably open and fair manner
- allow associates to carry out the majority of the project at the business partner’s premises
- provide academic support for the associate
- make sure the application is completed and submitted before the competition closes.
- Collaborate with the knowledge base, the business partner must:
- be a UK registered business, of any size, or a not-for-profit organisation
- have more than 2 employees
- demonstrate its ability to financially support its contribution to the project
- accept an invitation from a knowledge base to participate in a project and complete their parts of the application form
- provide a summary of their financial accounts from the past 3 years
- provide supervisory support for the associate
- host the associate.
For more information, visit https://apply-for-innovation-funding.service.gov.uk/competition/953/overview#supporting-information