KTP is a world-leading programme that helps businesses succeed by connecting them to the UK's rich academic resources. It's a partnership between the business seeking expertise, a university or college and a recently qualified graduate – known as an Associate. Each partnership lasts from twelve months to three years.
The graduate carries out a strategic project in your business, with expert university academic guidance. Up to 67% of the project costs are government-funded.
If you apply to KTP and you're successful, an Associate (supervised by the company and the university) will work in your company and help bring your plans to life.
A classic Knowledge Transfer Partnership can involve refining or designing products, opening new markets, improving business, marketing or manufacturing systems and cutting costs and waste.
The focus of KTP funding is currently on delivering Management Knowledge Transfer Partnership (mKTP), which run alongside classic Knowledge Transfer Partnerships (KTP). Managed in exactly the same way and with the same grant rate, mKTPs are designed specifically to inject new management expertise to help expand business capability, increase productivity and flexibility and enable lasting change and growth.