Partnering with Industry
It’s very simple – KTP delivers knowledge and expertise that is tailored to an individual company’s specific needs. While essentially providing access to academic knowledge, KTP offers much more. In addition to gaining the specific knowledge that a company requires, we recruit a graduate to work specifically on the task of bringing a new capability into the business and ensuring that it is fully embedded and works for everyone in the organisation.
In addition, each KTP has a package of funding available for the graduate that provides job-specific training, development and travel.
Recruitment of a graduate
Here at Salford, we work hard to ensure that we recruit the right graduate for the job in your company. For all KTP projects, the graduate is employed by the University but contracted to work in your company, under your basic terms and conditions including holidays and hours of work.
Once your KTP has been approved for funding, we work with you to draw up a suitable employee specification and job description which is then widely advertised. Shortlisting and interviewing of candidates is carried out jointly, and interviews are held on the company premises.
Costs and Eligibility
KTP is available to a wide range of businesses and organisations. From manufacturing to design, sustainability to marketing, we can work with companies in most sectors including microbusinesses to large enterprises. Just a few examples of companies we have previously worked with include, iKoustic, Add Latent, and Wearertech. Here at Salford, we are always keen to talk to new organisations with new ideas and novel approaches.
The basic cost to an SME is around £27,500 (33% of the total grant) per year. For a large company, this will be around £42,000 (50% of the total grant) per year. Projects typically last around 2 years.
Working with the University of Salford has developed a new product, strengthened its R&D processes and now has a well-established software process.
This successful KTP has enabled Add Latent to consolidate its new in-house innovation and software development capability. Working with the University of Salford has developed a new product, strengthened its R&D processes and now has a well-established software process. This has meant that we have been able to diversify into new markets.