University of Chester, in association with the Business Growth Programme, are hosting three information sessions on Knowledge Transfer Partnerships (KTP) opportunities for businesses in March. Representatives from the public, private and third sector are invited to learn about the opportunities and benefits around KTPs. KTPs are part funded by a grant to provide businesses and organisations with the skills & capabilities to deliver strategic innovation. There will be a chance to talk to University of Chester Business School staff and academics as well as an Innovate UK KTP Adviser and find out more about what Knowledge Transfer Partnerships are all about and the opportunities and benefits they can bring to your organisation. The information sessions are planned for the following dates:
- 8th March (12.00 – 14.00) in Warrington (University of Chester, Time Square Campus) - Book Here for KTP Event in Warrington 8th March
- 9th March (12.00 – 14.00) in Chester (Riverside Innovation Centre) - Book Here for KTP Event in Chester 9th March
- 15th March (12.00 – 14.00) in Shrewsbury (UCS) - Book here for KTP Event in Shrewsbury 15th March
What Are Knowledge Transfer Partnerships?
KTPs are a 3-way collaboration between a business, a high calibre individual (known as a KTP Associate) and a University to solve a specific, strategic innovation challenge faced by the business partner. KTPs improve company competitiveness, productivity, performance, and profitability by tapping into the knowledge, skills and expertise in UK Universities, Further Education and Research Organisations. The programme represents an extremely cost-effective means of introducing new skills into your workplace to resolve an ongoing challenge or issue and you are likely to be able to reduce costs further by claiming Research and Development Tax Relief. KTP Projects can be about:
- Developing new products & new processes
- Introduction of new technologies
- Optimisation of business processes
- Entry into new markets
- They can be for almost any kind of project; some examples of previously supported projects can be found here.
Funded through Innovate UK, depending on the size of the company the following funding is available:
67% of project cost for micro, small and medium-sized businesses*
50% of project cost for Large Businesses and some public sector organisation
75% of project cost for not-for-profit business of any size
*Subject to eligibility – A minimum of 2 employees and demonstration of affordability.
For more information contact Maud Duthie - van der Venne: m.duthie@chester.ac.uk
