Product Description:
The Knowledge Transfer Partnership scheme (KTP) is a leading programme funded by Innovate UK focused on commercialisation of innovation. A KTP will help your company succeed by connecting you to University of Leicester’s academic resources. It is a three-way partnership between:
Your company seeking expertise to develop an innovation-based product, service or process.
Our University providing the knowledge and expertise and
A qualified graduate - known as an Associate – delivering and transferring the knowledge and expertise onto your company.
To succeed, your project needs to be strategic and have the potential to transform your business. Your academic partner, the University, will provide the expertise and knowledge required to deliver the project. If your application is successful, an Associate will work to help bring your plans to life. The Associate will work on your site to embed the expertise of the academic team and bring their own skills to deliver a project which could mean anything from introducing new products to changing the company's direction.
Your project can last between one and three years. Project costs typically are around £90,000 to £100,000 a year. The grant recipient is the university and a financial contribution from the company is required. Funding will cover project costs up to:
67% if you are a small or medium-sized business, i.e. a contribution of circa £30,000 per year from the company
50% if you are a large business
75% if you are a charity
Area of Expertise:
A innovation programme designed to help businesses develop new products and services.
Eligibility:
SME's, charity's with more than 5 employees and trading more than 36 months
Districts:
- Leicester City
- Blaby
- Charnwood
- Oadby and Wigston
- Melton
- Harborough
- Northwest Leicestershire
- Bosworth and Hinckley