Part funded by Government, Knowledge Transfer Partnerships (KTP) is a programme, enabling innovation in business. The University of Salford is a participant KTP Knowledge Base providing expertise and resources to businesses via a strategic project.
KTP offers opportunities in a wide range of disciplines including engineering, business and management, IT, pharmacy and medicine and design. Many Partnerships can be inter-disciplinary and the companies involved range from multi-nationals to very small firms.
KTP aims to help businesses improve their competitiveness and productivity through the better use of knowledge, technology and skills that reside within the UK knowledge base.
KTP involves forming a partnership between your company and the academic institute, enabling you to access skills and expertise to help your company develop. The Partnership recruits one or more suitably qualified graduates (KTP Associates) to facilitate this transfer of skills and expertise. The Associate works in your company on a project central to your needs and is jointly supervised by you and the academic partner.
KTP is part-funded by a Government grant. A small to medium sized enterprise (SME) would be expected to contribute about a third of the costs involved in the project; the average annual contribution for an SME would be just over £20,000. A large company should expect to pay around £30,000 per project per year.