An Introduction to Knowledge Transfer Partnerships University of

An Introduction to Knowledge Transfer Partnerships University of Warwick KTP Office

Knowledge Transfer Partnerships are a Government sponsored initiative enabling access to knowledge & technology KTP encourages collaboration between universities and industry They are a flexible programme of between 12 months to 3 years which address issues strategic to company development, e. g. - develop new/improved products - enhance business process - facilitate more effective management systems

KTPs are not sector specific Suitable areas for programmes could include: • Product design/development/improvement • Manufacturing process • Process/product validation • Marketing and commercialisation • Installation of systems (management; quality; ICT and environmental).

The University of Warwick KTP Office Warwick currently has 6 Knowledge Transfer Partnerships Acts as a contact and information point for companies, academics and graduates Facilitates introductory meetings between partners Provides support for companies and academics to complete the online application forms via the KTP Innovate UK website at https: //connect. innovateuk. org/web/ktp Provides advice and support for the duration of the project

Aims of KTP The transfer of knowledge and skills from university to industry (and vice versa) Develop graduates for industrial careers To increase industrial relevance of academic research and teaching Encourage investment by industry into innovation

The KTP Partners ASSOCIATE COMPANY UNIVERSITY

Benefits for the Company Highly skilled graduate to work on a specific project central to strategic development Access to academic consultant and university facilities (via the projects academic supervisors & KTP Associate) Financial benefits from completed projects Improved competitiveness Workforce enhance through the transfer of knowledge and skills

Benefits for the Academic Set-up collaborations with innovative businesses Develop business-relevant teaching materials Publish high quality research papers Supervise postgraduate degree candidates and identify opportunities for postgraduate and undergraduate projects Counts towards research income and REF (the Research Excellence Framework)

Benefits for the Associate Opportunity to work on a project central to the company’s strategic development Competitive salary Opportunity to register for higher degree Develop skills in management, business processes and commercialisation Financial support for business related training Mentoring from experienced university and company staff

Knowledge Transfer Partnerships f. EC Budget Example For Large Company funding is 50% Government & 50% Company contribution Cost eligible for support – per year A B C Partnership Budget £ Government Budget £ (67%) Company’s Budget £ (33%) a. Associate(s) Employment costs 27, 000 18, 090 8, 910 b. Associate(s) Development 2, 000 1, 340 660 c. Travel and Subsistence 2, 250 1, 508 742 d. Consumables 1, 500 1, 005 495 20, 000 13, 400 6, 600 ---------- N/A N/A 21, 000 14, 070 6, 930 73, 750 49, 413 24, 337 DIRECTLY INCURRED COSTS DIRECTLY ALLOCATED COSTS e. Knowledge Based Supervisor (+ indirect costs) this is an estimate only f. Associate(s) Estate Costs (dependent on time in University) g. Mentoring Support (if applicable) INDIRECT COSTS h. Additional Associate Support (learning resources, personnel department , IT Services, etc. , ) this is an estimate only TOTAL For a large company a 50% contribution would be – £ 36, 875 per year

For More Information Contact Diane Park Knowledge Transfer Partnership Office Research and Impact Services University House University of Warwick Coventry CV 4 8 UW Tel: 024 7657 2589 Fax: 024 7657 4458 Email: diane. park@warwick. ac. uk