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Knowledge Transfer Partnerships Nadia Omar

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Title: Knowledge Transfer Partnerships Nadia Omar


1
KnowledgeTransfer PartnershipsNadia Omar
Business Development managerFaculty of Technology
2
Knowledge Transfer Partnerships (KTP)
3
Knowledge Transfer
  • KTP is one product within a larger portfolio of
    government initiatives to transfer knowledge from
    academia to industry
  • The KTP scheme is highly successful and has been
    in place for nearly 40 years. DMU is recognised
    as a significant provider over 100 KTPs
  • Unique opportunity to apply research to real-life
    business projects,
  • increased profits
  • generation of new jobs
  • increase of skills for existing staff

4
KTP Criteria
  • Any business sector, including not-for-profit and
    public sector organisations
  • Businesses of all sizes
  • (although lt10 employees usually considered too
    small)
  • Project of strategic importance, length can vary
    from 1 3 Yrs
  • Evidence of need for, and potential economic
    benefits of knowledge transfer
  • Proof of Company financial viability

5
KTP Process
  • Now fully online at _connect (https//connect.inn
    ovateuk.org)
  • Expression of Interest form (EOI)
  • Full Proposal completed and submitted to meet
    deadline
  • Program Approval Group (PAG) meets to review
    proposals (2-3wks)
  • PAG Feedback received and either approved or
    rejected
  • Grant Offer letter sent and Recruitment Process
    begins

6
Project Budget
  • The project budget for a standard two year KTP
    would be c140,000
  • This will cover Associate Salary and
    employment costs
  • Academic time and input ½ a day per week
  • Equipment and Consumables
  • Travel and subsistence
  • Associates Personal Development and training
  • The Grant _at_ 67 c93,800
  • SME contribution _at_ 33 c46,200 (so c23,100
    pa)
  • Large Organisation Grant Rate is 50

7
Benefits to organisation
  • Highly Skilled Individual to spearhead new
    project
  • New strategic capability embedded within the
    company
  • Increase in profitability and competitiveness
  • Access to academic consultant / supervisor
    DMU facilities
  • Try before you buy opportunity
  • Existing workforce enhanced through transfer of
    knowledge and skills

8
Benefits to Associate
  • Project and personal management skills
    development.
  • Competitive salary - 20 - 23K with additional
    4k Professional Development budget
  • Full project ownership but are fully supported by
    experienced staff from the business and the
    university
  • Opportunity to make a great impression!

9
Resources
  • KTP online http//www.ktponline.org.uk
  • Application guidance
  • Case studies
  • Local KTP Office
  • Innovation Centre, DMU
  • Tel. 0116 250 6211
  • Nadia Omar Tel 0116 207 8624
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